Bitcoin ends the week lower, price falls below $100,000

Bitcoin and the broader crypto market are heading for a painful weekly loss, fueled by investors withdrawing from riskier, more speculative trades.

Bitcoin fell below $95,000 on Friday, extending the previous day’s fall below the critical $100,000 mark. The largest cryptocurrency is now down about 9% for the week and trading more than 25% below its all-time high of more than $126,000, reached on October 6.