Bitcoin price flirts with $120k correction as market cools, can the rally resume?

Crypto NewsThursday, October 9, 2025 at 8:18:16 AM
Bitcoin price flirts with $120k correction as market cools, can the rally resume?

Bitcoin price flirts with $120k correction as market cools, can the rally resume?

Bitcoin's recent price rally is showing signs of cooling off, currently hovering around $122,000. This pause comes after a record-breaking surge, and the market is now testing crucial levels that could determine its next direction. Understanding these fluctuations is essential for investors as they navigate potential corrections and assess whether the rally can resume.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Why this key Bitcoin price trendline at $100K is back in focus
PositiveCryptocurrency
Bitcoin is back in the spotlight as BlackRock and Fidelity have sparked a surge in spot Bitcoin ETF inflows, drawing traders' attention to a crucial price trendline around $100,000. This development is significant because it indicates renewed interest and confidence in Bitcoin's market potential, suggesting that investors are optimistic about its future performance.
Cathie Wood Trims Her 2030 Bitcoin Price Prediction To $1.2 Million – Here’s Why
NegativeCryptocurrency
Cathie Wood, the CEO of Ark Invest, has revised her optimistic Bitcoin price prediction for 2030 down to $1.2 million amid a recent downturn in the crypto market. This adjustment reflects the growing influence of stablecoins, which are starting to take on some of Bitcoin's traditional roles. Wood's insights, shared during her appearance on CNBC's 'Squawk Box', highlight the shifting dynamics in the cryptocurrency landscape, making it crucial for investors to stay informed about these changes.
Filecoin Soars 70% After Breaking Through $2 as DePIN Sector Rallies
PositiveCryptocurrency
Filecoin has seen a remarkable surge of 70% after surpassing the $2 mark, reflecting a broader rally in the decentralized physical infrastructure network (DePIN) sector. This significant price increase is not just a win for Filecoin but also signals growing investor confidence in the cryptocurrency market, particularly in innovative sectors like DePIN. As more investors look to capitalize on this momentum, it could lead to further developments and investments in the blockchain space, making it an exciting time for both seasoned and new investors.
[LIVE] Crypto News Today, November 7 – Bitcoin Tries To Stay Above $100K While Privacy Coins Like ZCASH (ZEC) and Monero (XMR) Surge: Best Crypto To Buy?
PositiveCryptocurrency
Today, Bitcoin is making a strong effort to maintain its position above $100,000, despite a week filled with volatility due to U.S. government shutdown concerns and broader economic uncertainties. Traders are noticing a pattern of higher lows on the charts, which many interpret as a bullish indicator. This situation is particularly significant as it could lead to a rally in the cryptocurrency market, prompting discussions about the best cryptocurrencies to invest in right now.
Bitcoin ETFs snap six-day outflow streak with $240M inflows
PositiveCryptocurrency
Bitcoin ETFs have made a significant comeback, attracting $240 million in inflows after a six-day streak of outflows. This shift indicates a renewed interest from institutional investors in Bitcoin, suggesting that confidence in the cryptocurrency market is strengthening. Such movements are crucial as they can influence market trends and investor sentiment, potentially leading to a more stable and bullish environment for Bitcoin.
XRP’s Game-Changing Partnership: What It Means for Traders and Emerging Cryptos like Maxi Doge
PositiveCryptocurrency
XRP's recent partnership with Mastercard is a game-changer for the cryptocurrency market, indicating strong potential for institutional adoption and future price increases. This collaboration has already led to XRP outperforming Bitcoin and Ethereum in their market rebound. Additionally, the presale of Maxi Doge has raised an impressive $3.9 million, enticing early investors with 78% staking rewards. This news is significant as it highlights the growing acceptance of cryptocurrencies in mainstream finance and the potential for emerging tokens to gain traction.
Bitcoin Banknote-ATM Network Pilot Launches in El Zonte, El Salvador
PositiveCryptocurrency
A new pilot program has launched in El Zonte, El Salvador, introducing a Bitcoin banknote-ATM network. This initiative is significant as it aims to enhance the accessibility of Bitcoin for local residents, promoting financial inclusion and innovation in the region. By bridging the gap between traditional cash and digital currency, this project could pave the way for broader adoption of cryptocurrencies in everyday transactions.
ZRO price surges 20% after LayerZero Labs buys $10M, eyes $2 resistance
PositiveCryptocurrency
The price of ZRO has seen a remarkable 20% surge in just 24 hours, following a significant investment of $10 million by LayerZero Labs. This rebound is crucial as it not only indicates renewed investor confidence but also positions ZRO closer to overcoming the $2 resistance level. Such movements in the cryptocurrency market can signal potential growth and attract more attention from traders and investors alike.