Bitcoin Prices Plunge Below $100,000 To Reach Lowest Since May
Bitcoin (BTC) declined below the $100,000 mark on Thursday, November 13, slipping to its weakest level in more than six months. The drop punctuated a day of broad crypto-market weakness, with sellers pushing the token through a psychological support level that many traders had watched closely.
Breaching $100,000 matters because it can affect leverage, sentiment and short-term positioning across spot and derivatives markets. Market participants said they will be watching macro indicators and fund flow data for clues on direction; the move increases the potential for further volatility as investors reassess risk and liquidity in the near term.