How low will Bitcoin go? Regional US ‘bank stress’ pushes BTC toward $100K

Bitcoin plunged to $104,500 in the spot market as signs of credit strain in US regional banks reignited fears of a broader market sell-off.

Key takeaways:

US regional bank stress hit markets as auto sector bankruptcies exposed risky loans, sending financial stock prices sinking.

Bitcoin fell below the 200-day SMA, dropping to $104,500 amid $1.2 billion crypto liquidations.

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