Bitcoin Drops Below $100,000 On December 19, 2024, Bitcoinâs price fell below $100,000 following comments from Federal Reserve Chair Jerome Powell, who expressed opposition to the creation of a national cryptocurrency reserve. This decline led to the liquidation of trader positions worth over $600 million. Currently, Bitcoin is trading at approximately $98,800, marking a significant drop from its recent all-time high of over $108,000. Stay tuned for more updates on the crypto market!