Crypto Market Bleeds Out Again as Bitcoin (BTC) Was Rejected at $100K :

The BTC relief rally in the past few days was halted yesterday as the asset was stopped at $100,000 and pushed south hard.

As expected, the altcoins have suffered even more, with substantial price declines from the likes of LINK, AVAX, ADA, SUI, and many others.Bitcoin Stopped at $100K

Bitcoin went through amassive correctionlast week following the latest FOMC meeting. It dumped all the way from $108,000 to $92,000 in a matter of days. It bounced off on Friday and Saturday as the bulls drove it to almost $99,500.

However, it failed there and retraced hard once again at the start of the business week toward $92,000 once more. The bulls stepped up again at this point and initiated anotable price increasethat pushed bitcoin up to $99,200 on Christmas Eve and almost $100,000 yesterday evening.