BTC Dips Below $100,000 According to a recent analysis by Cryptonews Terminal, the price of Bitcoin (BTC) has dropped below the $100,000 mark. The latest figures from the Binance USDT market show that BTC is currently trading at $99,990.01. This dip is part of a recent downward trend for BTC, which has seen the cryptocurrency lose significant value in recent weeks. As of this writing, BTC is down by over 10% from its all-time high of $112,200. The reasons for this decline are unclear, but some analysts attribute it to a combination of factors, including concerns about inflation, rising interest rates, and increased regulatory scrutiny. Despite this recent downturn, BTC remains the largest cryptocurrency by market capitalization and is still considered a valuable investment by many. Whether or not the current dip is a temporary correction or a sign of a longer-term trend remains to be seen.