Bitcoin’s retreat under $100K and altcoin losses reflect heightened macroeconomic uncertainty, marking a sharp downturn in digital asset valuations.
Bitcoin dropped below $100,000 as the total cryptocurrency market capitalization fell under $2 trillion, driven by broad declines in altcoins and prevailing macroeconomic uncertainty. The slump reflects cautious sentiment among traders, with major digital assets retreating amid economic headwinds and diminished risk appetite.