Bitcoin Falls Below $100,000 as Risk-Off Mood Weighs on Crypto

Bitcoin has recently fallen below the $100,000 mark, reversing the gains achieved during the summer rally (F1, F4). This decline is attributed to a risk-off sentiment prevailing in the market, where investors are pulling back from cryptocurrencies (F2, F3). The shift in investor behavior follows a period characterized by enthusiasm and increased institutional buying (F5). The current downturn reflects a broader cautious mood among market participants, leading to reduced demand for digital assets like Bitcoin. Analysts agree that the price drop is linked to this risk-averse environment (A1). Overall, the market's sentiment has shifted from optimism to caution, impacting Bitcoin's valuation accordingly.