Bitcoin (BTC) cryptocurrency price fell below $98,000 on November 9, 2021, according to Cryptonewsterminal Market Monitoring data. The price of BTC stood at $97,975.2 at the time of writing on the Binance USDT market. The reason for the recent drop in the price of BTC is not yet known, but it is likely due to a combination of factors. These factors could include the recent crackdown on cryptocurrencies by the Chinese government and the upcoming launch of the CME Bitcoin futures contract. Despite the recent drop in price, Bitcoin remains one of the most popular and valuable cryptocurrencies in the world.