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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 $112,000 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 $115,500 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 ...