US EditionBitcoin Falls Under $101K: Analysts Say BTC Is ‘Underpriced’ Based on Fundamentals
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The price of Bitcoin (BTC) has once again alerted the entire crypted ecosystem after plummeting below $104,000, triggering a wave of settlement for more than $1.37 billion in just a few hours. According to the latest data from CoinGlass, most of these settlements correspond to long positions, reflecting the level of overconfidence that existed among traders before this new setback.
Crypto Prices Update: Bitcoin Falls to $104,000 as Altcoins Crash
The cryptocurrency market continues to reel under heavy selling pressure, with total capitalization plunging to around $3.46 trillion, marking a 4.3% daily decline. The widespread correction has triggered large-scale liquidations across major assets as traders scramble to de-risk in a rapidly weakening environment. According to liquidation data, more than $1.34 billion worth of leveraged positions were closed over the past 24 hours, with long tr…
Bitcoin Falls Under $104,000 as Technical Weakness Deepens: Here is What You Need to Know News ETHNews
Bitcoin extended its decline early Tuesday, falling to $103,990, down 3% in the past 24 hours, after a sharp sell-off wiped out earlier stability. The drop followed a liquidation-driven downturn, with sentiment weakening ahead of key U.S. inflation data due later this month. Macroeconomic Caution Returns Bitcoin’s pullback comes as traders adopt a cautious stance following the Federal Reserve’s late-October rate cut, which provided only brief re…
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