Fri Nov 14 10:20:00 UTC 2025: Bitcoin Plummets Below $100,000 as Market Jitters Reignite
New York, NY – Bitcoin’s price has plunged below the $100,000 mark, falling as low as $97,956, as risk aversion sweeps through the market and tech stocks suffer a major selloff. The digital currency has lost over $450 billion in value since early October, signaling a potential bear market.
Analysts at 10x Research confirm the crypto market is in a bear regime, citing weakening ETF inflows, continued selling by long-term holders, and a lack of retail buyer participation. “There’s no longer the smell of a bear market – Bitcoin and most crypto-linked assets are in a bear market,” 10x Research announced.
“Bitcoin was already under pressure from heavy spot selling and corporate-hedging activity,” said Jake Ostrovskis, head of OTC trading at Wintermute. “When crypto-specific narratives thin out, correlations to traditional assets increase. This is driving today’s move.”
The retreat in Bitcoin prices coincides with renewed volatility across global markets. Traders are reassessing the likelihood of Federal Reserve rate cuts in the near term, adding pressure to growth assets like crypto and technology stocks.
Crypto-adjacent equities are also feeling the pain. Shares of Strategy Inc., previously a popular way for retail traders to gain Bitcoin exposure, have plunged, and the stock’s premium has vanished.
Derivatives markets indicate a rise in demand for downside protection, with increased interest in protective puts below the $100,000 strike.
While Bitcoin is still up approximately 5% year-to-date, the sharp drawdown that began in early October, with nearly $19 billion in crypto leverage liquidated in a single day, has significantly shifted market sentiment. 10x Research notes that Bitcoin has remained below its long-term moving average, historically a sign of fading momentum.