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Bitcoin Drops To $107,000 As Ethereum, XRP, Dogecoin Plummet Over 5%

Bitcoin’s decline to $107,000 follows $493 million in liquidations and $290 million ETF outflows amid uncertainty from the unresolved US government shutdown, analysts say.

Summary by Benzinga
Cryptocurrencies are down on Monday as total liquidations reached $493.6 million over the past 24 hours. Spot ETFs saw continued outflows, with Bitcoin funds losing $191.6 million and Ethereum funds $98.2 million on Friday. Red Monday, Green Week? Michael van de Poppe noted that Bitcoin's weekly chart remains strong, with the current consolidation appearing healthy, a green week could pave the way for new all-time highs. Crypto trader Jelle adde…

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Benzinga broke the news in New York, United States on Monday, November 3, 2025.
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