Bitcoin Plummets Below $100,000, Wiping Out $250 Billion in Market Value

Bitcoin experienced a significant drop, falling below the crucial $100,000 mark on November 4, 2025. This marked a decline of over 6.4% within a 24-hour period and is one of the steepest single-day corrections witnessed in recent months. The downturn contributed to a massive $250 billion evaporation from the cryptocurrency market cap in a single day. This wiped out more than 7% of overall crypto market capitalization, with losses widespread across all major sectors as per CoinMarketCap.