Bitcoin tumbles below $100K amid global mkt sell-off

Mumbai: Bitcoin prices fell sharply, briefly dipping below the $100,000 mark amid heavy selling in the spot market. The fall came as part of a broader global sell-off in risk assets, with investors increasingly worried about overvalued markets and fading risk appetite.

The world’s largest cryptocurrency dropped 3.7 per cent to trade at $101,822 after touching an intra-day low of $99,010.06, its weakest level since mid-June. Other major digital assets also traded lower, with Ethereum sliding 6.76 per cent to $3,331.65, Solana down 3.16 per cent at $157.66, XRP declining 3.16 per cent to $2.24, and Dogecoin slipping 1.47 per cent to $0.165.