ByBilly Bambrough,

Senior Contributor.

Bitcoin has suddenly dropped toward $100,000, accelerating a sell-off that hit the bitcoin price last week and sparked fears of a wider crypto crash.

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The bitcoin price has dropped under $105,000 per bitcoin for the first time since June, with traders fearful a huge bitcoin price crash could be just around the corner as the combined crypto market loses $600 billion in just over a week.