"Bitcoin price has bounced back to over $103,000 today after plunging below $100,000 on Tuesday - its lowest level since June - as extreme fear gripped the market. The drop came amid heavy selling pressure, ETF outflows, and renewed macro uncertainty. Earlier this week, investors pulled nearly $1.8 billion from Bitcoin and other crypto ETFs, while crypto-linked stocks like Strategy and Coinbase also declined."
"The entire crypto market was rattled on October 10, when bitcoin and the broader market witnessed a drastic and sharp sell-off as President Trump announced sweeping 100% tariffs and export controls in response to China's new restrictions on nearly all products starting November 1, 2025. The news triggered a sharp crypto sell-off, with bitcoin briefly down 12% and other major cryptocurrencies falling as much as 40%."
"Bitcoin price bull run may be closer than it looks Bitcoin's recent price slump might actually be the setup for its next big rally. While BTC has struggled to keep pace with record-breaking moves in Gold and the S&P 500, market patterns suggest a familiar rotation is unfolding - one that has historically preceded major Bitcoin bull runs."
Bitcoin fell below $100,000, its lowest since June, amid heavy selling, ETF outflows and renewed macro uncertainty, then rebounded above $103,000. Investors withdrew about $1.8 billion from Bitcoin and other crypto ETFs, and crypto-linked stocks such as Strategy and Coinbase declined. Federal Reserve Chair Jerome Powell's signal that interest rates could remain higher strengthened the U.S. dollar and pressured non-yielding assets. President Trump's announcement of 100% tariffs and export controls triggered a sharp sell-off on October 10, briefly pushing bitcoin down 12% and some altcoins as much as 40%. Some investors, including Strategy, bought BTC, signaling longer-term confidence.
Read at Bitcoin Magazine
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