These are news from other markets

Bitcoin just doesn’t seem to be able to catch a break, as the asset slipped below $93,000 on a couple of occasions in the past 12 hours or so.

Many altcoins are also in dire situations, with notable price losses from the likes of DOGE, ADA, AVAX, LINK, and others.

BTC’s Troubles Keep Mounting

It was just about 48 hours ago when the primary cryptocurrency was charting new yearly peaks. Recall that the asset had climbed above $102,000 after a relatively quiet weekend amid growing ETF inflows, but then the landscape changed after the US announced the latest jobs report.

In a matter of minutes, the cryptocurrency plunged from six-digit territory to under $97,000 on Tuesday afternoon. The situation worsened on Wednesday as the bears kept pushing BTC south, which culminated in a price drop to $92,500 (on Bitstamp). After that weekly low, bitcoin bounced off and touched $95,000, but that was short-lived as the ETF flows turned negative, with nearly $600 million in the red.

As the Thursday Asian trading session progressed, BTC dropped once again to under $93,000. Although it sits just above that line now, the asset has lost nearly ten grand since Tuesday morning.

Its market cap has plummeted below $1.850 trillion but its dominance over the alts stands tall above 54% on CG.