Bitcoin slides below $100,000 for first time since June as risk off mood grips crypto
Bitcoin slipped under the US $100,000 mark on 4 November 2025, marking the first time this key psychological level has been breached since June. Trading volume rose as the drop triggered significant liquidations, with analysts pointing to a broader “risk‑off” environment in global markets as the catalyst.
The pull‑back comes after Bitcoin surged to an all‑time high above US $126,000 just weeks ago, meaning this retreat represents a drop of over 20 % in a relatively short span. One key driver cited by market watchers is tightening monetary policy expectations: comments from the Federal Reserve suggesting fewer rate cuts than anticipated have dampened appetite for high‑beta assets like crypto.
Beyond macro factors, the crypto market’s internal dynamics have added pressure. Futures and leveraged positions are being liquidated en masse, accelerating the sell‑off. According to industry trackers, more than US $850 million in derivatives positions were wiped out following the move below US $100,000. Altcoins were also hit hard: major tokens including Ethereum, Solana and XRP posted double‑digit percentage losses, underscoring the breadth of the correction.
Some analysts warn that if the US $100,000 floor fails to hold, Bitcoin could test levels towards US $90,000 or lower, noting technical weakness and the absence of fresh bullish catalysts in the near term.
Investors and market participants are now closely watching indicators such as institutional flow data, ETF movements, regulatory policy updates and macro headlines for signs of stabilization or further breakdown.
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