{"id":110394,"date":"2025-11-04T18:37:21","date_gmt":"2025-11-04T18:37:21","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=110394"},"modified":"2025-11-04T18:37:21","modified_gmt":"2025-11-04T18:37:21","slug":"bitcoin-price-plunges-below-100000-as-extreme-fear-hits-the-market","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=110394","title":{"rendered":"Bitcoin Price Plunges Below $100,000 As Extreme Fear Hits the Market\u00a0"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Bitcoin Price Plunges Below $100,000 As Extreme Fear Hits the Market\u00a0<\/a><\/p>\n

<\/div>\n

Well, the bitcoin price bleeding just doesn\u2019t stop. Bitcoin price just tumbled<\/a> below $100,000 for the first time since June, marking a fresh low in a rough stretch for the world\u2019s leading cryptocurrency.\u00a0<\/p>\n

Bitcoin\u2019s price hit $99,913 but rebounded to $100,575 \u2014 at time of writing. <\/p>\n

The bitcoin price slide comes as investors flee risk assets<\/a> and macro headwinds mount.<\/p>\n

The cryptocurrency dropped more than 5% early Tuesday, briefly testing levels not seen in months. Traders watched nervously as the coin broke below key technical support around $104,000. That move yesterday fueled concerns that further losses could be imminent.<\/p>\n

Spot Bitcoin ETFs have seen a wave of withdrawals. Investors pulled more than<\/a> $1.8 billion from Bitcoin and Ether products over the past few trading days.\u00a0<\/p>\n

Ethereum and Solana were hit harder, each falling over 5%, while crypto-linked stocks like MicroStrategy, Coinbase, and Robinhood slipped at least 3%.<\/p>\n

\u201cThe crypto market today is facing multiple near-term headwinds,\u201d said Derek Lim, head of research at Caladan, per Bloomberg.<\/em> \u201cThis is hitting a market that is already fragile from October\u2019s massive liquidation event and a string of hacks.\u201d\u00a0<\/p>\n

All this bitcoin price resistance started when, on October 10, Bitcoin and the broader crypto market witnessed a drastic and sharp sell-off<\/a> as President Trump announced sweeping 100% tariffs and export controls in response to China\u2019s new restrictions.<\/p>\n

Despite improved trade talks with China, bitcoin price has not recovered and has slumped much further than the sell-off lows.\u00a0<\/p>\n

Bitcoin price reacts to Fed\u2019s hawkish tone<\/h2>\n

The Federal Reserve has also weighed on sentiment. Fed Chair Jerome Powell recently walked back<\/a> expectations of a December rate cut, signaling that interest rates could remain higher for longer.\u00a0 <\/p>\n

Powell said<\/a> that additional rate cuts may not follow in December.\u00a0The central bank\u00a0reduced its benchmark interest rate<\/a>\u00a0by 0.25 percentage points to a target range of 3.75%\u20134%.<\/p>\n

Powell said that inflation excluding the impact of tariffs is \u201cnot so far\u201d from the central bank\u2019s 2% target, but emphasized that policymakers have \u201cnot made a decision about December.\u201d Powell noted that officials held \u201cstrongly differing views\u201d during the meeting.\u00a0<\/p>\n

The cut \u2014 the Fed\u2019s second of 2025 after a\u00a0move in September<\/a>\u00a0\u2014 ended a long stretch of rate holds. The policy shift is intended to lower borrowing costs and support economic activity. <\/p>\n

The stronger U.S. dollar has pressured non-yielding assets like Bitcoin, adding fuel to the sell-off.<\/p>\n

Technical charts show<\/a> Bitcoin price has struggled to hold its 200-day moving average, a key long-term indicator. Analysts say the next line of support sits near $96,000. On the upside<\/a>, reclaiming $111,000 would be a first step toward regaining momentum.<\/p>\n

Market sentiment reflects caution. The crypto fear and greed index shifted to \u201cextreme fear\u201d on Monday, a stark change from last week\u2019s neutral readings.\u00a0<\/p>\n

Open interest in Bitcoin perpetual futures has fallen roughly 30% from October peaks, indicating that leveraged traders are stepping back, according to Bitcoin Magazine Pro.<\/p>\n

Some bulls are still buying the dip. Strategy, the firm co-founded by Bitcoin evangelist Michael Saylor, purchased 397 BTC between Oct. 27 and Nov. 2 at an average price of $114,771. Their move is a small but notable vote of confidence amid the turbulence.<\/p>\n

Investors now look ahead to the U.S. Consumer Price Index report due Nov. 13. Cooler inflation data could spark speculation of Fed easing, a potential boost for Bitcoin. Until then, sellers remain in control, and a sustained close below $100,000 could trigger deeper losses.<\/p>\n

Despite the pullback, Bitcoin\u2019s long-term story remains intact. It surged from $5,000 in March 2020 to over $126,000 in October 2025, highlighting the coin\u2019s volatility and resilience. <\/p>\n

But for now, traders are treading carefully, wary of further downside as the market digests October\u2019s historic losses.<\/p>\n

This post Bitcoin Price Plunges Below $100,000 As Extreme Fear Hits the Market\u00a0<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Bitcoin Price Plunges Below $100,000 As Extreme Fear Hits the Market\u00a0 Well, the bitcoin price bleeding just doesn\u2019t stop. Bitcoin price just tumbled below $100,000 for the first time since June, marking a fresh low in a rough stretch for the world\u2019s leading cryptocurrency.\u00a0 Bitcoin\u2019s price hit $99,913 but rebounded to $100,575 \u2014 […]<\/p>\n","protected":false},"author":0,"featured_media":110395,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-110394","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/110394"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=110394"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/110394\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/110395"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=110394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=110394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=110394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}