Bitcoin's price fell below the $100,000 mark, reaching $98,995 on Bitstamp on November 4, 2025, as the cryptocurrency market experienced a significant downturn. The market saw $289.04 billion in value wiped out overnight, reflecting a broader financial market decline. In addition to the crypto market, U.S. equities suffered a substantial loss, with $730 billion erased in a single day. The downturn affected tech stocks, crypto-linked equities, and precious metals, indicating a widespread market retreat with no asset class emerging as a safe haven.