3 reasons bitcoin is on the brink of wiping out its gains for the year

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It's been a tough month for bitcoin investors. The OG cryptocurrency officially entered a bear market at the beginning of this month, with the token's price down 22% since reaching a peak of around $126,000 in early October. After being up as much as 35% year-to-date, the latest tumble has whittled that gain down to less than 4% on Friday. The sell-off accelerated this week. Bitcoin dropped as low as $94,700 on Friday, the lowest the crypto has traded in about six months. Here's what's driving

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3 reasons bitcoin is on the brink of wiping out its gains for the year https://www.businessinsider.com - 14.11.2025 20:47

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3 reasons bitcoin is on the brink of wiping out its gains for the year https://www.businessinsider.com - 14.11.2025 20:47