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Bitcoin Extends Losses Below $109K as Global Equities Slide on Cautious Sentiment
Yahoo Finance·2025-10-17 14:00

Bitcoin extended its decline on Friday, slipping below 109,000asafreshwaveofriskaversiongrippedglobalmarkets.Thedropcameasglobalmarketsturneddefensive,withequitiesslipping,bondsgainingandgoldreachingafreshrecord.Itlasttraded2.4109,000 as a fresh wave of risk aversion gripped global markets. The drop came as global markets turned defensive, with equities slipping, bonds gaining and gold reaching a fresh record. It last traded 2.4% lower on the day around 108,503, and is down over 10% in the last week. Asian stocks mirrored Wall Street’s overnight losses, with investors retreating from risk assets after signs of credit strain resurfaced among US regional banks. Sentiment i ...