Bitcoin's big drop, falls below $100K

Bitcoin fell below $100,000 on Tuesday. The cryptocurrency has lost about 20 percent of its value since the beginning of October.

Other major cryptocurrencies, such as Ethereum, also suffered huge losses.

While four weeks ago a Bitcoin cost $126,198, the price fell below $100,000 for the first time since May on Tuesday.

Overnight into Wednesday, the price recovered slightly and is trading at around $102,000 this morning.

Almost all major cryptocurrencies have experienced significant losses in recent days./infintisec