{"id":5356,"date":"2025-11-04T19:16:13","date_gmt":"2025-11-04T19:16:13","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/11\/04\/bitcoin-price-plunges-below-100000-as-extreme-fear-hits-the-market\/"},"modified":"2025-11-04T19:16:13","modified_gmt":"2025-11-04T19:16:13","slug":"bitcoin-price-plunges-below-100000-as-extreme-fear-hits-the-market","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/11\/04\/bitcoin-price-plunges-below-100000-as-extreme-fear-hits-the-market\/","title":{"rendered":"Bitcoin Price Plunges Below $100,000 As Extreme Fear Hits the Market\u00a0"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-plunges-below-100000\">Bitcoin Price Plunges Below $100,000 As Extreme Fear Hits the Market\u00a0<\/a><\/p>\n<div><\/div>\n<p>Well, the bitcoin price bleeding just doesn\u2019t stop. Bitcoin price <a href=\"https:\/\/bitcoinmagazine.com\/bitcoin-price\">just tumbled<\/a> below $100,000 for the first time since June, marking a fresh low in a rough stretch for the world\u2019s leading cryptocurrency.\u00a0<\/p>\n<p>Bitcoin\u2019s price hit $99,913 but rebounded to $100,575 \u2014 at time of writing. <\/p>\n<p>The bitcoin price slide comes as investors <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-holds-its-breath-as-fed-cuts-rates\">flee risk assets<\/a> and macro headwinds mount.<\/p>\n<p>The cryptocurrency dropped more than 5% early Tuesday, briefly testing levels not seen in months. Traders watched nervously as the coin broke below key technical support around $104,000. That move yesterday fueled concerns that further losses could be imminent.<\/p>\n<p>Spot Bitcoin ETFs have seen a wave of withdrawals. Investors <a href=\"https:\/\/www.investmentnews.com\/alternatives\/bitcoin-hits-two-week-low-with-risk-appetite-muted-after-wipeout\/262860\" target=\"_blank\">pulled more than<\/a> $1.8 billion from Bitcoin and Ether products over the past few trading days.\u00a0<\/p>\n<p>Ethereum and Solana were hit harder, each falling over 5%, while crypto-linked stocks like MicroStrategy, Coinbase, and Robinhood slipped at least 3%.<\/p>\n<p>\u201cThe crypto market today is facing multiple near-term headwinds,\u201d said Derek Lim, head of research at Caladan, per <em>Bloomberg.<\/em> \u201cThis is hitting a market that is already fragile from October\u2019s massive liquidation event and a string of hacks.\u201d\u00a0<\/p>\n<p>All this bitcoin price resistance started when, on October 10, Bitcoin and the broader crypto market witnessed a <a href=\"https:\/\/bitcoinmagazine.com\/news\/bitcoin-price-crashes-to-108000-as-trump-to-impose-100-tariffs-on-china\">drastic and sharp sell-off<\/a> as President Trump announced sweeping 100% tariffs and export controls in response to China\u2019s new restrictions.<\/p>\n<p>Despite improved trade talks with China, bitcoin price has not recovered and has slumped much further than the sell-off lows.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Bitcoin price reacts to Fed\u2019s hawkish tone<\/h2>\n<p>The Federal Reserve has also weighed on sentiment. Fed Chair Jerome Powell <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-slumps-to-103000\">recently walked back<\/a> expectations of a December rate cut, signaling that interest rates could remain higher for longer.\u00a0 <\/p>\n<p>Powell <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-crashes-to-109000\">said<\/a> that additional rate cuts may not follow in December.\u00a0The central bank\u00a0<a href=\"https:\/\/bitcoinmagazine.com\/markets\/federal-reserve-cuts-interest-rates-by-25\">reduced its benchmark interest rate<\/a>\u00a0by 0.25 percentage points to a target range of 3.75%\u20134%.<\/p>\n<p>Powell said that inflation excluding the impact of tariffs is \u201cnot so far\u201d from the central bank\u2019s 2% target, but emphasized that policymakers have \u201cnot made a decision about December.\u201d Powell noted that officials held \u201cstrongly differing views\u201d during the meeting.\u00a0<\/p>\n<p>The cut \u2014 the Fed\u2019s second of 2025 after a\u00a0<a href=\"https:\/\/bitcoinmagazine.com\/markets\/federal-reserve-cuts-interest-rates-by-25-basis-points-bitcoin-climbs-above-116000\">move in September<\/a>\u00a0\u2014 ended a long stretch of rate holds. The policy shift is intended to lower borrowing costs and support economic activity. <\/p>\n<p>The stronger U.S. dollar has pressured non-yielding assets like Bitcoin, adding fuel to the sell-off.<\/p>\n<p>Technical charts <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-support-under-attack-as-bears-look-to-push-price-below-100000\">show<\/a> Bitcoin price has struggled to hold its 200-day moving average, a key long-term indicator. Analysts say the next line of support sits near $96,000. On the <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-next-bull-run\">upside<\/a>, reclaiming $111,000 would be a first step toward regaining momentum.<\/p>\n<p>Market sentiment reflects caution. The crypto fear and greed index shifted to \u201cextreme fear\u201d on Monday, a stark change from last week\u2019s neutral readings.\u00a0<\/p>\n<p>Open interest in Bitcoin perpetual futures has fallen roughly 30% from October peaks, indicating that leveraged traders are stepping back, according to Bitcoin Magazine Pro.<\/p>\n<p>Some bulls are still buying the dip. Strategy, the firm co-founded by Bitcoin evangelist Michael Saylor, purchased 397 BTC between Oct. 27 and Nov. 2 at an average price of $114,771. Their move is a small but notable vote of confidence amid the turbulence.<\/p>\n<p>Investors now look ahead to the U.S. Consumer Price Index report due Nov. 13. Cooler inflation data could spark speculation of Fed easing, a potential boost for Bitcoin. Until then, sellers remain in control, and a sustained close below $100,000 could trigger deeper losses.<\/p>\n<p>Despite the pullback, Bitcoin\u2019s long-term story remains intact. It surged from $5,000 in March 2020 to over $126,000 in October 2025, highlighting the coin\u2019s volatility and resilience. <\/p>\n<p>But for now, traders are treading carefully, wary of further downside as the market digests October\u2019s historic losses.<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-plunges-below-100000\">Bitcoin Price Plunges Below $100,000 As Extreme Fear Hits the Market\u00a0<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/micahzimmerman\">Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Bitcoin Price Plunges Below $100,000 As Extreme Fear Hits the Market\u00a0 Well, the bitcoin price bleeding just doesn\u2019t stop. Bitcoin price just tumbled below $100,000 for the first time since June, marking a fresh low in a rough stretch for the world\u2019s leading cryptocurrency.\u00a0 Bitcoin\u2019s price hit $99,913 but rebounded to $100,575 \u2014 [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":5357,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5356","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=5356"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5356\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5357"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}