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Bitcoin price dips to $99,000 as macro shocks, whale selling hit markets
Yahoo Finance·2025-11-05 16:26

The Bitcoin price plunged to 99,000onCoinbaseonTuesdayevening,thelowestlevelsinceMay,beforebouncingto99,000 on Coinbase on Tuesday evening, the lowest level since May, before bouncing to 102,000 on Wednesday morning. The move extends a steep correction that has wiped nearly 20% from Bitcoin’s all-time high of 126,000reachedinearlyOctober.Cryptosmarketcapitalisationisalsodownabout20126,000 reached in early October. Crypto’s market capitalisation is also down about 20%, now just under 3.5 trillion. “Sentiment is a bit low among VC funds and trading firms,” Annabelle Huang, founder of blockchain infrastructure firm Altius, told DL News. “A rate ...