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Bitcoin’s Rally Cools as Traders Hedge the Heat
Yahoo Finance·2025-10-24 14:11

After months of steady rise to record high, bitcoin’s (BTC) pulse has slowed, with BTC changing hands above 111,000Fridayafternoon,HongKongtime,up2111,000 Friday afternoon, Hong Kong time, up 2% over the last week according to CoinDesk market data. The pullback from the recent peak of over 126,000 is marked by momentum faltering below key cost-basis levels, with capital leaving the spot market and ETFs, alongside defensive options positioning. In a recent report, Glassnode frames the repeated breakdowns below key quantiles as evidence of ma ...