Bitcoin prices retreated below $100,000 for the first time since June on Tuesday. The pioneering cryptocurrency has struggled since a “flash crash” rocked the crypto space last month.

Bitcoin prices dropped below the key, psychological level of $100,000 on Tuesday, November 4, reaching their lowest since June as the market struggled with fatigue.

Paul Howard, director at crypto trading firm Wincent, said the summer’s strong demand from ETF investors and digital asset treasuries (DATs) has faded, replaced by long-term wallets offloading their h...