Bitcoin briefly fell below $100,000 amid heavy selling and global risk-off sentiment. Over $1.27 billion in leveraged positions were liquidated, while analysts warn of a broader correction as global equities and digital assets face valuation concerns.

Mumbai: Bitcoin prices fell sharply on Wednesday, briefly dipping below the $100,000 mark amid heavy selling in the spot market.

The fall came as part of a broader global sell-off in risk assets, with investors increasingly worried about overvalued markets and fading risk appetite.

The world’s largest cryptocurrency dropped 3.7 per cent to trade at $101,822 after touching an intra-day low of $99,010.06 — its weakest level since mid-June.

Other major digital assets also traded lower, with Ethereum sliding 6.76 per cent to $3,331.65, Solan

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