Bitcoin price plunges below $100,000. This is why.

1 month ago 2
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Bitcoin has fallen below $100,000 for the first time in months.

As of publishing time on Friday, Bitcoin has been hovering around the $94,000 to $97,000 price range. That price point is the lowest Bitcoin has seen since early May and a big drop from the more than $126,000 all-time high that Bitcoin reached just early last month.

What's going on here?

It's important to note that cryptocurrency is extremely volatile and can experience unexplained ebbs and flows based on a number of factors. A major factor likely driving this latest Bitcoin drop is general sentiment about the economy. 

The stock market is also Source: https://mashable.com/article/bitcoin-drops-below-100000-heres-why

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