Bitcoin Falls Below $100,000 as US Stocks Sell-Off on Black Tuesday, Nasdaq and Tech Giants Hit Hard (NVIDIA, Tesla)

On November 5, U.S. equities closed in the red, with the Nasdaq retreating about 2%. NVIDIA and Tesla each fell by more than 5%, underscoring a risk-off sentiment in the tech sector and broader markets.

Regionally, the KOSPI and the Nikkei 225 slipped more than 4% and 2.7%, respectively. In crypto, Bitcoin moved toward the $100,000 level, sliding roughly 5% as the U.S. dollar strengthened to a three‑month high, pressuring high‑valuation assets.

BiyaPay analysts cited a weaker market mood driven by the firmer dollar and shifting Fed rate-cut expectations, noting subdued confidence in risk assets. The platform continues to support USDT trading for US stocks, Hong Kong stocks, and futures, while offering a zero‑fee digital currency spot contract to help investors allocate across assets in volatile environments.