Bitcoin dropped to its lowest level since June, extending losses amid ongoing weakness across the cryptocurrency market following last month’s major crash.
The world’s largest digital asset fell 3.1% to $103,539, its lowest price since 23 June, as sentiment across the sector remains fragile.
Cryptocurrencies have struggled to regain momentum after roughly $400 billion (£300 billion) was wiped from total market value in less than 24 hours last month — one of the most severe declines in crypto history.
Analysts said the latest slide reflects continued investor caution, with traders reassessing liquidity risks and regulatory uncertainty following the sharp market correction.
