Bitcoin Breaks Below $99K as $289 Billion Evaporates From Crypto in One Day

Despite recent downturns, a comprehensive analysis suggests Bitcoin is poised to rebound to $120,000. Analyst Mr. Wall Street highlights that the current price stagnation is part of a larger accumulation phase led by institutional investors, indicating a strong potential for future growth.

Bitcoin's price has dropped below $103,700, marking its lowest point since June. This decline comes amid significant liquidation waves in the crypto market, with over $1.27 billion in leveraged positions affected. Additionally, the market is reeling from a recent $128 million hack involving the market maker Balancer.

Ether's recent plunge of 20% has led to a staggering $1 billion in liquidations, highlighting the growing instability in the cryptocurrency market. As losses mount, investors are increasingly concerned about the future of digital assets.

Bitcoin's recent drop of $7,000 to $100K has led to a significant decline in mining profitability, reaching its lowest point since April. This downturn is largely attributed to rising energy costs that are impacting miners.

CryptoQuant's research head, Julio Moreno, has highlighted a recent decline in Bitcoin's demand at higher prices, suggesting this could be a reason for the bearish trend in the market. His analysis offers a fresh perspective on the current dynamics affecting BTC.

Bitcoin has fallen below the crucial $100,000 mark, causing a significant downturn in the entire cryptocurrency market. This drop has raised concerns among investors about the factors that led to this sell-off.

Bitcoin has experienced a significant drop of $7, leading to miner revenues plummeting to levels not seen since April. This decline raises concerns about the sustainability of mining operations and the overall health of the cryptocurrency market.

MARA and Hut 8 reported impressive profits and an increase in Bitcoin reserves in the third quarter of 2025. Their strategic shift towards high-performance computing and energy development is paying off, showcasing their growth in the cryptocurrency market.

Despite recent downturns, a comprehensive analysis suggests Bitcoin is poised to rebound to $120,000. Analyst Mr. Wall Street highlights that the current price stagnation is part of a larger accumulation phase led by institutional investors, indicating a strong potential for future growth.

Bitcoin's price has dropped below $103,700, marking its lowest point since June. This decline comes amid significant liquidation waves in the crypto market, with over $1.27 billion in leveraged positions affected. Additionally, the market is reeling from a recent $128 million hack involving the market maker Balancer.

Franklin Templeton has updated its XRP ETF filing, removing the delay provision and indicating that they are ready for a potential launch this month. This move comes as interest in the ETF grows, signaling a positive shift in the market.

Bitcoin's recent drop of $7,000 to $100K has led to a significant decline in mining profitability, reaching its lowest point since April. This downturn is largely attributed to rising energy costs that are impacting miners.

Bitcoin has fallen below $99,000, leading to a staggering $289 billion loss in the cryptocurrency market in just one day. This sharp decline has left many investors concerned about the future of digital currencies.

Ripple has made a significant impact in the US digital asset market by launching Ripple Prime, a new brokerage service that integrates XRP and its stablecoin RLUSD. This innovative platform aims to provide clients with a secure and efficient way to engage in cryptocurrency transactions, marking a pivotal moment for institutional finance.