{"id":111239,"date":"2025-11-07T11:19:53","date_gmt":"2025-11-07T11:19:53","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=111239"},"modified":"2025-11-07T11:19:53","modified_gmt":"2025-11-07T11:19:53","slug":"why-is-bitcoin-down-today-whats-the-next-big-thing-crypto-weekly-round-up","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=111239","title":{"rendered":"Why Is Bitcoin Down Today, What\u2019s The Next Big Thing? (Crypto Weekly Round-Up)"},"content":{"rendered":"

Why is Bitcoin down today? Moreover, how do I profit from the inevitable US financial crash that will occur when the AI bubble pops? I have $73 in my bank account. I need help here.<\/p>\n

We don\u2019t know what\u2026
\nOr when\u2026
\nBut something financial, good or bad<\/a>, will happen\u2026<\/p>\n

For this week\u2019s crypto weekly roundup,\u00a0Bitcoin\u2019s midweek rally evaporated as the world\u2019s largest cryptocurrency slipped back to $100,000, erasing the previous day\u2019s gains and dragging the total crypto market capitalization<\/a> down 1.7% to $3.37 trillion, according to CoinGecko data. <\/p>\n

\t<\/span><\/p>\n

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\t\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\tEthereum<\/span>
\n\t\t\t\t\tETH<\/span><\/p>\n

\t\t\t\t\t
\n\t\t\t\t\t\t$3,303.62<\/span>
\n\t\t\t\t\t<\/span>
\n\t\t\t\t\t
\n\t\t\t\t\t\t2.46%<\/span>
\n\t\t\t\t\t<\/span><\/p>\n

\t\t\t\t
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\t\t
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\n\t\t\t\t\t<\/span><\/span><\/span><\/span><\/p>\n

\t\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\tEthereum<\/span>
\n\t\t\t\t\tETH<\/span>
\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\tPrice<\/span>
\n\t\t\t\t\t
\n\t\t\t\t\t\t$3,303.62<\/span>
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t2.46% \/24h<\/span>
\n\t\t\t\t\t\t<\/span>
\n\t\t\t\t\t<\/span>
\n\t\t\t\t<\/span>
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\n\t\t\t\t\t\tVolume in 24h<\/span><\/span><\/span><\/p>\n

\t\t\t\t\t
\n\t\t\t\t\t$30.58B<\/span>
\n\t\t\t\t\t<!–
\n\t\t\t\t\t\t?<\/span>
\n\t\t\t\t\t<\/span> –>
\n\t\t\t\t
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\n\t\t\t\t\tPrice 7d<\/span>
\n\t\t\t\t\t<\/span><\/span><\/p>\n

\t\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t<\/p>\n

\t\t\t\t\t\t\t\t\t
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\n\t\t\t\t\t\t\tLearn more\t\t\t\t\t\t<\/a>
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\t also followed suit, dropping 3.8% to around $3,330.<\/p>\n

Employment at US small businesses is falling:<\/p>\n

US small businesses shed -10,000 jobs in October, according to the ADP Employment Report.<\/p>\n

This marks the 5th monthly decline over the last 6 months.<\/p>\n

As a result, the 3-month average of job losses fell to -29,333, the highest since\u2026 pic.twitter.com\/zSydMI2eUS<\/a><\/p>\n

\u2014 The Kobeissi Letter (@KobeissiLetter) November 6, 2025<\/a><\/p>\n\n

\u00a0<\/p>\n

US stocks also sank over 1% across the Nasdaq, S&P 500, and Dow after new data showed the steepest wave of corporate layoffs in two decades. Amazon, Target, and UPS all announced major cuts, stoking fears that the labor market\u2019s finally cracking and the recession is here. Buckle up! Things could get ugly.<\/p>\n

Here\u2019s what\u2019s next for Bitcoin and if we\u2019re about to crash into the Earth\u2019s crust.<\/p>\n

DISCOVER: Top 20 Crypto to Buy in 2025<\/a><\/strong><\/p>\n

Fear Returns to Crypto Markets, Is The Bitcoin Price Screwed?<\/h2>\n

<\/span><\/p>\n

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\n Crypto Fear and Greed Chart <\/h4>\n
\n All time<\/span>
\n 1y<\/span>
\n 1m<\/span>
\n 1w<\/span>
\n 24h<\/span>\n <\/div>\n<\/div>\n
\n
<\/div>\n<\/div>\n<\/div>\n

<\/p>\n

Market anxiety is surging across crypto\u2026 with the exception of Zcash! Go read our stories<\/a> here. The Crypto Fear and Greed Index dropped to 24, firmly in the \u201cfear\u201d zone<\/strong>, while CoinGlass<\/a> data shows total open interest falling 3.45% to $140 Bn, down from over $300 Bn a month ago.<\/p>\n

This cooling sentiment here is reflecting a broader \u201cdead-cat bounce\u201d dynamic, as 99Bitcoins analysts warn the Wednesday rally was likely short-lived. We could be heading into a recession, folks.<\/p>\n

(Source: CoinGlass<\/a>)<\/p>\n

Despite panic selling, exchange reserves continue to decline, signaling that investors are moving coins to cold storage rather than selling. This\u2019s a sanguine historical pattern often seen before market recoveries.<\/p>\n

For now, Bitcoin\u2019s key support lies between $99,000 and $101,000, where 99BTC analysts expect new accumulation to begin.<\/p>\n

DISCOVER:\u00a0<\/span>Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/span><\/a><\/strong><\/p>\n

Why Is Bitcoin Down Today? Final Thoughts for BTC<\/h2>\n

While analysts like Arthur Hayes, Tom Lee<\/a>, and Raoul Pal keep saying \u201crelax, bro. The bull run ain\u2019t over,\u201d there is a building case a crash is due:<\/p>\n

The average PE ratio of the S&P500 is 30, which is up 50% from 20 in 2022\/2023. Most economies have PE ratios around 10-15.
\nThe political risk is high, Trump is unpredictable, and everyone is tired of it. There could be an escalation of the trade war
\nMany companies are firing workers, and unemployment is going up
\nThe US economic system is running on very little cash. Repo rates (SOFR)<\/a> have spiked to levels not seen since 2019.<\/p>\n

Just as in 2021, when the Federal Reserve claimed inflation was transitory, the Fed acted too late in reversing its monetary policy in 2025. We\u2019re on red alert over here at 99Bitcoins. Keep your ear to the ground, people, you and me both might be panhandling in 2026.<\/p>\n

EXPLORE: Singapore Denies Do Kwon\u2019s $14M Refund Demand For \u2018Stolen\u2019 Penthouse<\/a><\/strong><\/p>\n

Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n

\n

Key Takeaways<\/h2>\n

Why is Bitcoin down today? Moreover, how do I profit from the inevitable US financial crash that will occur when the AI bubble pops?. <\/p>\n

Just as in 2021, when the Federal Reserve was claiming the inflation was transitory, the Fed acted too late in reversing its monetary policy in 2025. <\/p><\/div>\n

The post Why Is Bitcoin Down Today, What\u2019s The Next Big Thing? (Crypto Weekly Round-Up)<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Why is Bitcoin down today? Moreover, how do I profit from the inevitable US financial crash that will occur when the AI bubble pops? I have $73 in my bank account. I need help here. We don\u2019t know what\u2026 Or when\u2026 But something financial, good or bad, will happen\u2026 For this week\u2019s crypto weekly roundup,\u00a0Bitcoin\u2019s […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-111239","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/111239"}],"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=111239"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/111239\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=111239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=111239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=111239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}