Bitcoin loses its last line of defense: $98k breakdown sparks cascade not seen since May

Bitcoin (BTC) dropped 3% to $98,550.33 as of press time, falling below the psychological $100,000 threshold for the third time this month amid cascading leverage liquidations, persistent ETF outflows, and a broader risk-off posture across digital assets. The slide accelerated after Bitcoin broke support at $100,000 on Binance, triggering over $190 million in long liquidations The post Bitcoin loses its last line of defense: $98k breakdown sparks cascade not seen since May appeared first on CryptoSlate.