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Bitcoin briefly dipped below $100,000 early Monday as a global technology stock sell-off rattled markets to start the week.
The largest cryptocurrency by market capitalization was down 3.51% as of Monday morning, bringing its price to $101,295 apiece. That was a recovery from a low of about $97,900 earlier in the day.
Bitcoin has been boosted in recent months by President Donald Trump’s return to the White House, which first sent the popular coin above $100,000 last month in the aftermath of his election victory. Last week, Trump signed an executive order that set the stage for industry-friendly regulations and a national cryptocurrency stockpile — key campaign promises he made to the industry.
But Bitcoin isn’t immune from other market turmoil. Contracts for all three major U.S. indices fell tumbled Monday morning as a perceived threat from Chinese…
