Bitcoin Price Plunges: Market Liquidations & Political Turmoil Fuel Sell-Off

Bitcoin has experienced a significant price drop below $100,000, fueling investor uncertainty and raising concerns about the stability of the cryptocurrency market. This decline stems from a combination of forced liquidations as traders grapple with increased market volatility and growing anxiety about the long-term implications of market conditions. Analysts highlight that recent losses, particularly in the $100,000 range, have exposed vulnerable positions held by many investors and institutions.