Bitcoin Plunges Below $100,000 as Risk Markets Dive on Macroeconomic Uncertainty

The cryptocurrency market is facing a significant downturn, with Bitcoin’s price plummeting below the $100,000 mark. This comes amid broader economic uncertainty and shifting investor sentiment. Several factors are contributing to this decline: macroeconomic pressures, AI build-out costs, and evolving US monetary policy. Analysts point to the lack of major market events or significant insider selling as key drivers behind the recent sell-off. Instead, a combination of long-term holders liquidating their Bitcoin holdings and institutional buyers struggling to inject much-needed demand has contributed to this pressure.