November 8, 2025
With more than a 20% decline from last month’s highs above $120,000, for the first time since June Bitcoin dropped below $100,000 this week
The fall is coming after weeks of selling, profit-taking by long-term holders, and a cautious economic environment, ETF outflows, a stronger dollar, and risk-off sentiment also added pressure.
According to Bitcoin Magazine Pro, the price rebounded above $102,000 on Saturday, showing some strength, but volatility remains high.
Analysts say while new buyers are still accumulating, long-term holders are selling.
READ MORE; Crypto Market Cap Dragged Down To $3.45T By Bitcoin, Ethereum Selloffs.
Vetle Lunde of K33 Research noted that over 319,000 Bitcoin held for six to twelve months moved recently. Markus Thielen of 10x Research said mega whales, holding 1,000–10,000 BTC, have sold large amounts. About 400,000 Bitcoin, worth $45 billion, has left the market in the past month.
Bitcoin’s role has shifted over the years. It began as a movement to “bank the unbanked” and resist central control. Today, it is seen more as an institutional asset.
According to Troy Cross, Bitcorn revolutionary appeal remains, but the focus is now on corporate and financial use. Michael Saylor and other institutional investors have helped push this trend.
READ MORE; Bitcoin Decline Rubs Off On Other Crypto Assets.
On October 10, a tariff threat from former President Trump triggered a $19 billion crypto liquidation in one day. Recent market swings show the tension between old and new.
Analysts see possible support around $98,000–$100,000, with some predicting a rise to $170,000.
