Bitcoin News Today: Bitcoin’s Fourth Quarter Surge: Impact of Trade Disputes, Stronger Dollar, and Evolving Global Economic Strategies
- Bitcoin fell nearly 15% in October 2024, its worst quarterly start since 2022, driven by U.S.-China trade tensions, dollar strength, and macroeconomic caution. - A 100% U.S. tariff on Chinese imports and Fed rate-cut delays exacerbated selloffs, triggering $1.3B in liquidations during a flash crash below $103,000. - Key support levels at $107,000 and $101,150 face retests as traders warn of further declines, with market cap dropping below $3.6T amid fragile liquidity. - Wintermute denied Binance lawsuit
Bitcoin experienced a steep decline of almost 15% in October, making it the weakest start to a quarter since 2022. This drop was driven by escalating trade disputes, a strengthening U.S. dollar, and cautious global economic sentiment. By early November, Bitcoin had slipped below $108,000, and experts cautioned that breaching crucial support thresholds could lead to deeper losses in an already unstable market, according to a
Both retail and institutional participants are now preparing for a possible retest of major support areas. On-chain data points to $107,000 as a critical threshold, a
The market’s vulnerability was highlighted on October 10, when a $1.3 billion liquidation occurred as
Adding to the uncertainty, Wintermute—a leading crypto market maker—refuted speculation that it was suing Binance over the flash crash, which erased $20 billion in leveraged trades, according to a
Although the fourth quarter is typically a strong period for Bitcoin, the current trend has bucked historical norms. Institutional interest in Bitcoin reached its lowest point in seven months at the start of November, contrasting with the influx of newly mined coins and raising doubts about the rally’s durability, Cointelegraph reported. As traders contend with changing tariffs, central bank decisions, and fragile market confidence, whether Bitcoin can stay above $100,000 may determine if 2025 brings further corrections or sparks a broader recovery.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Aave News Today: Connecting DeFi and Traditional Finance: Aave and Chainlink Propel Institutional Integration
- Bitcoin hit $104,000 in Nov 2025 amid institutional interest and dollar weakness, signaling crypto market maturity. - Aave integrated Chainlink's ACE compliance tool to verify institutional transactions, bridging DeFi and TradFi with $35B TVL. - Chainlink expanded to TON blockchain via CCIP, enabling Toncoin cross-chain transfers and real-time data access for 900M Telegram users. - Telegram's Cocoon AI network added GPU rentals to TON, diversifying use cases while prioritizing infrastructure over hype. -
Regulatory challenges and market fluctuations prompt Dupay's departure as the crypto sector shifts direction
- Dupay, a crypto payment card firm, shuts down due to regulatory pressures and market volatility, reflecting broader industry challenges. - Canada's $10M stablecoin regulation mandates reserves and transparency, raising compliance costs for smaller crypto firms. - JELLYJELLY token's 224% surge triggered $13M liquidations, exposing risks of high-leverage trading in volatile crypto markets. - U.S. government shutdown disrupts social safety nets, potentially reducing demand for crypto-linked payment solution
AAVE Rises 4.85% Following $50M Buyback and $35B TVL: Will Chainlink ACE Prevent Further Decline?
- Aave's AAVE token rose 4.85% in 24 hours amid a $50M annual buyback program and $35B TVL, despite 13.66% monthly declines. - The protocol generated $98. 3M in fees and $12.6M revenue last month, supporting its position as a stable DeFi platform with strong liquidity. - Technical analysis identifies $150–$160 as a potential floor, with bullish targets at $240–$538 by year-end if key trendlines hold. - A backtesting strategy using historical data aims to validate the buyback's price-stabilizing impact amid
MSX Connects Conventional and Blockchain Financial Systems through Incentives Prioritizing Liquidity
- MSX launches S1 Points Season with M Bean incentive mechanism to boost user engagement and liquidity via blockchain-based rewards. - Non-lockup model allows users to earn rewards through trading, staking, and governance, mirroring MEXC's high-yield airdrop strategies. - Platform integrates on-chain data partnerships (e.g., Tradeweb-Chainlink) to provide institutional-grade transparency in tokenized finance. - Analysts highlight need for sustained utility and adaptive tokenomics to maintain value, leverag
