Reported about 5 hours ago
Bitcoin's value dropped over 6% to around $100,000, a significant decrease since its October high of over $126,000, as investor fears regarding a government shutdown and economic slowdown led to increased selling activity. Large holders, referred to as 'whales,' have contributed to the selling pressure, moving billions of dollars worth of Bitcoin to exchanges. Analysts express concerns about tightening market liquidity due to stalled government financial activity and predict potential recovery catalysts if the shutdown ends.
Source: YAHOO