In brief
- Bitcoin slid with stocks on Thursday, dropping below $100,000.
- It’s the third time the coin has fallen under $100K in November after being above the mark for six months.
- Analysts remain upbeat over crypto’s medium- to long-term outlook.
Bitcoin’s price dropped below $100,000 for the third time this month as investors sold off risk assets like cryptocurrencies and tech stocks, with broader worries about the economy weighing on markets.
The price of the biggest digital coin was recently at $99,611, according to CoinGecko data, after a more than 2% fall over the past 24 hours. Bitcoin plunged below the mythical $100,000 mark on November 4 for the first time since May, and then dipped below the mark again on November 7 after a…