#MarketPullback

Bitcoin Tumbles Under $105,000

were headed south Friday morning after traders rushed to panic-sell their high-risk asset amid brewing global troubles over bank lending.

The orange coin shed more than 3% in the first hours of the session, floating under$BTC

$105,000 for the first time since July. Zoomed out, Bitcoin has now erased 17% from its record high of $126,000 hit just ten days ago.

The whole crypto space was in retreat today, following in the footsteps of global markets. Traders everywhere dumped risk and jumped into gold after a pair of US regional lenders got exposed for doing risky things.