Bitget App
Trade smarter
Bitcoin rebounds above $100,000 as market risk aversion intensifies

Bitcoin rebounds above $100,000 as market risk aversion intensifies

ChaincatcherChaincatcher2025/11/05 08:10
Show original

ChainCatcher News, according to Golden Ten Data, after a wave of sell-offs, Bitcoin briefly fell below the key $100,000 mark overnight for the first time since June, but has since slightly rebounded. Deutsche Bank analysts pointed out that there has been a clear risk-off sentiment in the market over the past 24 hours, with high valuations of tech stocks causing investor concerns and dampening risk appetite. U.S. stock index futures showed some signs of recovery before the market opened, gradually recouping losses and moving toward stability.

0

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.