The world's first, largest, and most expensive cryptocurrency, Bitcoin, has slid below $92,000 (€79,000) a coin, wiping more than 25% off its value since it hit record highs above $126,000 (€108,700) last month.
The dramatic decline is almost a textbook example of what it looks like to enter a bear market phase. That's an industry term for when an asset falls so sharply it resembles the downward claw swipe of a bear.
