Bitcoin Briefly Breaks Below $100,000 on Coinbase Exchange

Bitcoin price descended to levels below $100,000 on the Coinbase exchange, during the afternoon hours of the US session on Tuesday.

It followed Ethereum’s move to turn negative for 2025, amidst the altcoin’s steepest daily drop in months.

Bitcoin Brief Breaks Below $100,000

While the US was busy with the New York mayoral elections on Tuesday, the Bitcoin price briefly slipped below the $100,000 mark on the Coinbase exchange.

It lasted only for a moment before a quick pullback, with BTC trading for $100,977 as of this writing. As of this writing, the intra-day low for the pioneer crypto was $99,908, levels that had last been seen on June 23, 2025.

Meanwhile, bettors on prediction market Kalshi wager a significant chance that the Bitcoin price could still record further downside, some calling for as low as below $80,000.