Bitcoin slipped below the $100,000 threshold on Thursday, falling as much as 3.9% to $97,956. This decline extends a downturn that has erased over $450 billion in value since early October.
The digital asset’s drop follows a surge in risk aversion and a selloff in technology stocks, which have heightened concerns across Wall Street. Key institutional buyers, including large investment funds, ETF allocators, and corporate treasuries, have reduced their exposure to Bitcoin, removing a significant source of support that had sustained the market earlier this year.
Market Dynamics Weigh on Bitcoin
The retreat in tech equities has reignited investor jitters, spilling over into the cryptocurrency sector. Bitcoin’s decline reflects a broader risk-off sentiment affecting multiple asset classes.
Previously dependable participants in the Bitcoin rally are pulling back, leading to increased volatility and market fragility. This shift underscores the challenges digital assets face amid evolving investor risk appetite and macroeconomic uncertainties.
Bitcoin Price Movement
| Date | Price (USD) | Change (%) |
|---|---|---|
| Early October 2025 | Approx. $150,000 | – |
| November 13, 2025 | $97,956 | -3.9% |
