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Bitcoin Plunges Below $100,000 As Market Turmoil Continues

Bitcoin Plunges Below $100,000 As Market Turmoil Continues

The post Bitcoin Plunges Below $100,000 As Market Turmoil Continues appeared on BitcoinEthereumNews.com. Nov 04, 2025 at 23:06 // News The crypto market experienced a dramatic downturn on November 4, 2025, as Bitcoin (BTC) briefly retreated below the critical psychological threshold of $100,000 for the first time since June. The scale of the sell-off Bitcoin dipped as low as $99,982 before bouncing back slightly, marking a daily drop of over 5% and placing the asset on the cusp of bear market territory (a 20% drop from the record high of $126,272 set in early October). The sharp price drop triggered another massive liquidation event, with over $1.37 billion in leveraged long positions being wiped out across exchanges, contributing to the selling pressure. Underlying causes Market analysts pointed to continued investor caution following the prior month’s severe “flash crash” that erased nearly $400 billion from the total market cap. Furthermore, a perceived hawkish stance from the U.S. Federal Reserve, cooling expectations for a December interest rate cut, was seen as reducing risk appetite across all momentum trades, including crypto, gold, and tech stocks. This market movement confirmed the fragility of investor sentiment and the high leverage still present in the system, even after previous major corrections. The total market capitalization of all tokens tracked by CoinGecko dropped to approximately $3.45 trillion. The event highlighted that while institutional adoption is growing, the market remains highly sensitive to macro-economic data and liquidity concerns. Source: https://coinidol.com/bitcoin-turmoil-continues/
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BitcoinEthereumNews2025/11/05 09:26
Why BTC price dropped below $100k today

Why BTC price dropped below $100k today

The post Why BTC price dropped below $100k today appeared on BitcoinEthereumNews.com. Bitcoin crashed through the key psychological level of $100,000, taking the rest of the crypto market with it. Summary Bitcoin fell below the key psychological level of $100k This was the lowest point for the BTC price since June Shares of Strategy were down 6%, mirroring the BTC price Why? Fear is once again running the crypto markets. Against the backdrop of a government shutdown, traders are fleeing from risk assets. For the first time since July, Bitcoin plunged below $100,000, triggering a broader crypto market sell-off. The decline came after worsening macro conditions triggered a wave of liquidations and ETF flows. Liquidations heat map for major crypto assets | Source: Coinglass On Tuesday, Nov. 4, the BTC price reached a daily low of $99,954, the lowest level in several months. The price has since rebounded to $100,269, with Bitcoin registering a 6% daily decline. The drop triggered a significant decline, with the crypto market cap losing 6.4% — or over $300 billion in value. $100,000 served a key psychological level for BTC, especially since the token held above it for months. The last time the BTC price was below $100,000 was on June 23, when it reached a daily low of $99,705. Why did Bitcoin plummet? The decline occurred after macro conditions worsened, reducing appetite for risk assets. Threats of new tariffs, as well as the likely pause to new Federal Reserve rate cuts, made crypto assets less attractive to investors. This outlook then caused a cascade of effects that culminated in consistent ETF outflows and a spike in liquidations. For one, Bitcoin (BTC) and Ethereum (ETH) ETFs are on track to register their fifth consecutive day of negative flows. At the same time, 24-hour liquidations reached $1.4 billion on Nov. 4, with longs dominating with $1 billion. Daily Bitcoin…
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BitcoinEthereumNews2025/11/05 09:15
Bitcoin, Ethereum Slide More as Government Shutdown Continues

Bitcoin, Ethereum Slide More as Government Shutdown Continues

The post Bitcoin, Ethereum Slide More as Government Shutdown Continues appeared on BitcoinEthereumNews.com. With the U.S. government shutdown entering its 34th day (the longest U.S. government shutdown to date), Bitcoin and Ethereum prices have continued to drop. The political stalemate has scared off investors, as the risk-averse mood gripped the markets and accelerated the crypto price drops. Bitcoin and Ethereum Prices Keep Dropping According to the data provided by TradingView, BTC price has declined 5.6% in the last 24 hours to approximately $100,547 at the time of writing. This represents its lowest price in four months. Ethereum dropped more than 7%, sliding below $3,340, a level that erased its year-to-date gains. Both assets have now lost nearly a fifth of their value in just one week. Senator Bill Hagerty criticized Senate Democrats for voting down efforts to reopen the government for the 14th time. He accused them of “choosing politics over paychecks.” For the fourteenth time, @SenateDems have chosen politics over paychecks, voting once again to keep the government closed. This is a betrayal of the American people. Shameful. https://t.co/hYv8H33gzs — Senator Bill Hagerty (@SenatorHagerty) November 4, 2025 Hagerty further said over 1.4 million federal employees are now missing their second paycheck as the government shutdown lingers. Earlier, White House economic advisor Kevin Hassett predicted that the shutdown would end soon. But that outlook has clearly failed to materialize as political divisions deepen. Transportation Secretary Duffy also warned that air traffic controllers could soon force airspace closures due to unpaid staff. He added that “mass chaos” may occur if the shutdown continues for another week. 🚨 “If you bring us to a week from today, Democrats, you WILL see mass chaos,” says @SecDuffy as the Democrat Shutdown means air traffic controllers are about to miss another paycheck. “You may see us close certain parts of the airspace because we just cannot manage it.”…
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BitcoinEthereumNews2025/11/05 07:45