Bitcoin Hits 15-Week Low Under $105K as US Regional Bank Woes Echo 2023

Why It Matters

The selloff underscores crypto’s sensitivity to traditional finance shocks and raises fresh questions about investor risk appetite and institutional capital flows into digital assets.

Summary

Bitcoin plunged to a 15-week low below $105,000 as renewed stress among US regional banks reverberated into crypto markets, echoing the contagion seen in 2023. Traders zeroed in on the $100,000 psychological support level as liquidity thinned and volatility spiked. The selloff underscores crypto’s sensitivity to traditional finance shocks and raises fresh questions about investor risk appetite and institutional capital flows into digital assets.