Bitcoin’s latest slide to $103,525 has reignited market jitters, revisiting price levels last seen in June and fueling fears of a deeper drop below $100,000. The move comes amid renewed selling pressure tied to institutional activity, most notably, BlackRock’s $213 million Bitcoin transfer to Coinbase. BlackRock’s Move Raises Eyebrows According to on-chain data, BlackRock moved
Spot Bitcoin ETFs opened the week with -$186.5 million in net redemptions on Monday, Nov. 3, stretching a four-session drain to roughly -$1.34 billion since Oct. 29. This run shows how quickly flows can swing when a single mega-issuer turns into a seller. Data from Farside shows Monday’s outflows were effectively concentrated at IBIT, with
Paris-based company Sequans, one of the Bitcoin treasury companies, sold Bitcoin for the first time to pay off its debts. While Sequans’ sale came as Bitcoin fell, the company announced that it was selling to pay off debt. At this point, Sequans stated in his statement that he paid 50% of his debt by selling
Bitcoin price today trades near $104,480, slipping below the rising trendline that supported the entire 2025 uptrend. The chart shows price breaking from a year long symmetrical structure, a shift that places the spotlight on the psychological support zone near $100,000. Momentum has weakened as leveraged positions unwind, and buyers have not stepped in with
As the price of Bitcoin hovers around $104,000, close to breaking through a crucial psychological threshold, its steep decline continues. With little structural support left below, concentrated liquidation clusters are visible just below the current price on the most recent CoinGlass BTC/USDT liquidation heatmap. Digging through liquidity A dense liquidity pocket that is presently being
Mike McGlone of Bloomberg Intelligence warns that Bitcoin could be entering its weakest period relative to gold since 2018. According to his latest model, the Bitcoin-to-gold ratio could potentially break down below the 25 floor. This would open the path toward 15, erasing nearly 60% of Bitcoin’s relative strength against the precious metal it once
A major battle between institutional whales is defining Bitcoin’s price action today. The market first reacted to a massive sell-off from BlackRock’s IBIT Bitcoin Trust. On-chain trackers show IBIT sold over 24,000 BTC, worth $2.75 billion. This institutional selling pushed Bitcoin down to the $104,000 level. In response, a single, mysterious whale purchased $86 million
Tenerife’s governing body is in talks over the $10 million sale of 97 bitcoins (BTC) that the island’s Institute of Technology and Renewable Energies (ITER) bought in 2012 for just €10,000. El Dia reported yesterday that Juan José Martínez, a councillor on the Tenerife Island Council who helps oversee ITER — known for its work