The post BREAKING: BTC Plunges Below $100K. Is $90K Next? appeared on BitcoinEthereumNews.com.

Bitcoin, the flagship cryptocurrency, plunged below the $100,000 level earlier today for the first time since June 22.  It reached an intraday low of $99,941 on the OKX exchange before paring some losses. At press time, it is trading at $101,299. The top coin has now officially entered correction territory, plunging by more than 22% from its record peak that was achieved earlier this month.  The odds of Bitcoin collapsing all the way to $90,000 this year have now reached 51% on betting website Polymarket. For comparison, there was only an 11% chance of Bitcoin hitting that level just a month ago. This shows how quickly sentiment changes. Bitcoin’s most recent crash has been triggered by a recent sell-off in US equities due to growing artificial intelligence (AI) bubble fears.  The leading cryptocurrency is now up just by a mere 8% this year, substantially underperforming gold.  Ethereum turns negative for 2025 Meanwhile, Ethereum has now turned negative for the year, plunging below $3,300. The altcoin is now down by as much as 34% from its record peak.  Source: https://u.today/breaking-btc-plunges-below-100k-is-90k-next

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Filed under: News - @ November 5, 2025 4:23 am