Bitcoin Falls Below $100,000 Before Quick Recovery Above $101,000

Bitcoin Falls Below $100,000 Before Quick Recovery Above $101,000

Bitcoin’s drop to under $91,000 highlights persistent volatility in crypto markets, as Ethereum also faces price pressure amid cautious investor sentiment.

BTC
ETH

Summary

On November 18, Bitcoin dropped 3.37% over 24 hours to below $91,000, according to HTX market data. Ethereum also saw declines, briefly trading under $3,000. These movements continue a pattern of volatility in major cryptocurrencies, with investor sentiment remaining cautious.

Terms & Concepts
  • Liquidations: The forced closure of leveraged trading positions when margin requirements are no longer met, typically resulting in traders losing their positions.