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Bitcoin Retreats to $112K as Institutional Demand Fades
Yahoo Finance·2025-10-29 19:08

bitcoin backed loan, bitcoin middle class, ledn. Photo by BeInCrypto Bitcoin price dropped by over 3% on Tuesday, falling back to the 112,000levelafterbrieflytopping112,000 level after briefly topping 116,000. The decline puzzled investors as it occurred during a period marked by positive geopolitical news and record gains in traditional markets. According to CoinGecko data, Bitcoin was trading near 115,500onTuesdayat5:00PMUTC,butplungedto115,500 on Tuesday at 5:00 PM UTC, but plunged to 112,250 over the following three and a half hours. Ethereum (ETH) saw a sharper decl ...