Bitcoin tumbled on Wednesday, briefly piercing the psychologically significant $100,000<\/strong> level as a broader de-risking across global markets spilled into digital assets. The largest cryptocurrency last traded 4.7% lower at $101,718<\/strong> by 23:32 ET (04:32 GMT), after touching an intraday trough of $99,010<\/strong>\u2014its weakest since mid-June. With the decline extending more than 20%<\/strong> from the early-October record high of $126,186<\/strong>, Bitcoin has formally entered bear-market<\/strong> territory.<\/p>\n\n\n\n The move was exacerbated by a sharp unwinding of leverage. Data from CoinGlass indicated that more than $1.27 billion<\/strong> in crypto positions were liquidated earlier this week, the bulk of them longs<\/strong>, as forced selling accelerated downside momentum. The liquidation cascade echoed a parallel pullback in high-beta equities, where renewed worries about AI-driven valuation excesses<\/strong> and cautionary remarks from major Wall Street bank CEOs triggered heavy U.S. selling. The Nasdaq Composite<\/strong> fell 2%<\/strong> on Tuesday, a risk cue that crypto prices often shadow.<\/p>\n\n\n\n The latest leg lower builds on October\u2019s weakness, when a flash crash early in the month left Bitcoin struggling to reclaim altitude. Attempts to stabilize above $110,000<\/strong> repeatedly faltered amid tighter financial conditions and fading optimism over a swift Federal Reserve easing cycle.<\/p>\n\n\n\n Corporate headlines offered a mixed counterpoint. Mara Holdings (NASDAQ:MARA)<\/strong>\u2014a large Bitcoin miner and one of the biggest corporate BTC holders\u2014posted stronger-than-expected Q3 results<\/strong> on Tuesday, with revenue up 92%<\/strong> year over year and a swing to quarterly profit. Shares rose 3%<\/strong> after hours but nevertheless closed the session down 6.7%<\/strong>, underscoring how micro strength is being overwhelmed by macro risk aversion. Management highlighted ongoing diversification into AI and data-center services<\/strong> alongside core mining operations.<\/p>\n\n\n\n Altcoins<\/strong> tracked the slide. Ether<\/strong> dropped 8.2%<\/strong> to $3,328.50<\/strong>, after nearly breaching $3,000<\/strong> a day earlier and setting a near four-month low. XRP<\/strong> fell 4%<\/strong> to $2.244<\/strong>; BNB<\/strong> eased 0.4%<\/strong> to $945.60<\/strong>. Solana<\/strong> slipped 4.9%<\/strong>, while Cardano<\/strong> edged 0.3%<\/strong> lower. Among meme tokens, Dogecoin<\/strong> bucked the trend with a 2.3%<\/strong> gain, whereas $TRUMP<\/strong> eased 0.6%<\/strong>.<\/p>\n\n\n\n Near-term direction hinges on two intertwined forces: the durability of the risk-off<\/strong> impulse in equities and the pace of de-leveraging<\/strong> in crypto derivatives. Stabilization likely requires signs of cooling equity volatility, a reset in positioning, and evidence that forced liquidations are abating. Absent that, rallies may struggle to sustain above recent breakdown zones, leaving Bitcoin beholden to macro sentiment and liquidity conditions.<\/p>\n\n\n\n This article is for information only and does not constitute investment advice.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Bitcoin tumbled on Wednesday, briefly piercing the psychologically significant $100,000 level as a broader de-risking across global markets spilled into digital assets. The largest cryptocurrency last traded 4.7% lower at $101,718 by 23:32 ET (04:32 GMT), after touching an intraday trough of $99,010\u2014its weakest since mid-June. With the decline extending more than 20% from the …<\/p>\n","protected":false},"author":9,"featured_media":98301,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,36],"tags":[],"class_list":["post-120607","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=120607"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120607\/revisions"}],"predecessor-version":[{"id":120608,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120607\/revisions\/120608"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/98301"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=120607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=120607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=120607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Outlook<\/h3>\n\n\n\n