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Bitcoin Crashes To $98,000 As Ethereum, Dogecoin Plunge On 'Sell-The-News' Panic

Summary by Benzinga
Bitcoin broke decisively below the $100,000 psychological level on Thursday, despite optimism surrounding the end of the U.S. government shutdown. The drop came as spot Bitcoin ETFs have been recording heavy net outflows, removing the institutional buying pressure that had supported prices in recent weeks.

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Bitcoin fell below $95,000 for the first time in six months, as a wave of risk aversion that spread through the markets caused investors to withdraw nearly $900 million from the funds they invested in the token. The largest digital asset is about to lose all of their profits of the year, with a drop of up to 4.3% this Friday, standing at $94.508. Bitcoin reached a historic peak of $126,251 at the beginning of October and closed 2024 at $93.714.

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Benzinga broke the news in New York, United States on Thursday, November 13, 2025.
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