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Bitcoin Bounces Back: Can Bullish Momentum Hold or Has the Market Topped?
Yahoo Finance·2025-11-06 03:54

After a gut-wrenching 48 hours for Bitcoin investors that saw the price of BTC briefly dip below 100,000forthefirsttimesinceMay,cryptocurrencymarketsarenowshowingsignsoflifeonceagain.Themorethan100,000 for the first time since May, cryptocurrency markets are now showing signs of life once again. The more than 2 billion in total crypto liquidations during yesterday’s flash crash, mostly from long positions, represents one of the largest flush-outs of leveraged positions this year. This event seems to have marked at least a temporary bottom, clearing out skittish investors and overleveraged traders. ...