Bitcoin Enters Bear Market Territory as Prices Tumble Below Key Threshold

Market Sentiment Shifts from Extreme Fear to Caution

The leading cryptocurrency has delivered an unwelcome surprise to investors. Bitcoin’s value has plunged more than 20% in recent weeks, officially entering bear market territory following its spectacular October rally that saw it reach nearly $126,000. This decline has pushed the digital asset below the psychologically significant $100,000 mark for the first time since June, leaving market participants questioning whether this represents a healthy market correction or the beginning of a prolonged downturn.