Bitcoin plunges back below $100k, now stands at $97k. What’s going on?

Bitcoin has crashed below $100,000. As of press time, it’s trading at $97,063, down 4.8% in twenty-four hours. This sharp drop is tied to rising Treasury yields, which spooked the broader market and hit risk assets hard. Coin Metrics confirmed the numbers, while the CoinDesk 20 index, which tracks the broader crypto market, plunged by […] source: https://www.cryptopolitan.com/bitcoin-plunges-back-below-100k-now-stands-at-97k-whats-going-on/