Bitcoin tumbled below the closely watched $100,000 mark on Sunday, shedding over 4% of its value amid a broader selloff in the cryptocurrency market.

As of 10:52 a.m. ET (14:52 GMT), Bitcoin — the world’s largest and most traded digital asset by market value — was down 4.13%, trading at $99,237, according to market data.

Ethereum, the second-largest cryptocurrency, suffered an even steeper decline. It was trading at $2,199, marking a sharp 8.52% drop over the same period.

The weekend dip reflects growing volatility across digital assets, with analysts citing a mix of macro uncertainty, profit-taking by investors, and regulatory developments in key markets as contributing factors.

Despite the recent downturn, Bitcoin remains up over 30% year-to-date, bolstered by institutional interest, a surge in spot ETF approvals earlier in the year, and the long-term optimism surrounding blockchain adoption.

However, traders are now watching closely for signs of continued downside pressure. Liquidity levels tend to thin out over weekends, which can exaggerate price swings — and this week was no exception.

Meanwhile, smaller altcoins and meme tokens were also hit hard. Solana and Avalanche posted declines of over 10% in 24 hours, while Dogecoin fell nearly 7%.

Analysts say attention now turns to key events this week, including remarks from U.S. Federal Reserve officials and ongoing discussions in the European Union around crypto regulation under Markets in Crypto-Assets framework, both of which could impact investor sentiment further.

With global markets on edge, the crypto space remains highly reactive — and investors are being urged to brace for further volatility in the coming days.