Story Highlights Bitcoin crashes below $105K as U.S. regional bank fears spark market turmoil; traders eye $100K support amid rising economic uncertainty. Banking stress hits crypto and altcoins; Bitcoin struggles while gold surges, fueling debate over digital gold’s reliability. Bitcoin price crashed below $105,000 on Friday, marking its lowest level since June. The drop came
The Bitcoin (BTC) price slid below $105,000 on Friday, reviving memories of previous capitulation phases, where despondent traders marked the start of major reversals. While bearish sentiment dominates headlines, several veteran analysts argue that October’s gloom could be setting the stage for another historic rebound. October’s Downturn Spurs Accumulation—Echoes of Past Cycles Some traders are
CZ mocks Schiff’s bearish call, pointing out Bitcoin’s 16-year growth from $0.004 to over $110,000 despite recent dips against gold. Schiff doubles down on gold’s dominance, urging investors to sell Bitcoin as the precious metal hits record highs this year. Binance co-founder Changpeng ‘CZ’ Zhao has replied to economist Peter Schiff’s warning about a possible
The Bitcoin price has dropped by 5.13% in the past 24 hours to trade at $105,217.60, extending its recent correction. This decline comes as market sentiment cools following weeks of sustained bullishness across risk assets. Despite the retracement, long-term investors appear patient, waiting for signs of stabilization within key support zones. The current setup suggests
Bitcoin miners are running out of room to breathe. In the wake of a $19 billion market rout, operators have begun moving massive volumes of Bitcoin onto exchanges, a classic signal that sell pressure is building. Data from CryptoQuant shows that between Oct. 9 and Oct. 15, mining wallets sent 51,000 BTC, worth more than
Bitcoin is trading at $105,579 to $106,377 over the last 60 minutes, with a total market capitalization of $2.08 trillion. Over the past 24 hours, bitcoin recorded a trading volume of $101.17 billion and moved within an intraday price range of $103,530 to $112,012. Bitcoin Chart Outlook The 1-hour chart reveals a clear breakdown from
Key Takeaways Odds on Polymarket for Bitcoin to sink to $100,000 in October have climbed to nearly 60%. Polymarket is an influential prediction market platform where users bet on various cryptocurrency outcomes. Polymarket traders now assign nearly 60% odds to Bitcoin falling to $100,000 in October, reflecting growing bearish sentiment after the price dropped from
Bitcoin (BTC) continues to face market headwinds, with the price sliding 13.3% over the past week and losing key support levels. However, recent analysis suggests that China’s expanding liquidity — rather than that of the United States — could soon emerge as the driving force behind Bitcoin’s next major rally. Bitcoin Faces Pressure, but China’s
According to David Bailey, KindlyMD CEO, the initial hype surrounding firms holding large Bitcoin reserves is cooling as investors become more cautious. So far, Bitcoin treasury companies have watched their market net asset values (mNAVs) tumble in the past few months. Speaking to CNBC on Thursday, Bailey remarked, “The market’s getting more sophisticated, it’s learning
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