Bitcoin Magazine

Bitcoin Price Plunges 8% to $84,000 as December Opens With More Market Jitters

Bitcoin price fell sharply to the mid-$84,000s early Monday, sliding 8% over the past 24 hours as a wave of macro anxiety, thin liquidity and fresh crypto-native stress hit markets simultaneously. 

The world’s largest digital asset traded between a 24-hour high of $91,866 and a low of $84,722, extending a two-month drawdown that has now erased more than 30% from October’s record highs, according to Bitcoin Magazine Pro data. 

The downturn marks a swift reversal from last week’s tentative recovery. After plunging below $81,000 on Nov. 21, the Bitcoin price steadily climbed into the end of November and briefly pushed above $92,500 during Black Friday’s morning session. 

But momentum reversed again Sunday evening, with BTC slipping back below $85,000 early Monday. At the time of writing, the bitcoin price is $86,469.  

Why is Bitcoin price dipping? 

Multiple forces might be behind the renewed selloff. The most immediate shock could be from a security incident at Yearn Finance, where a flaw in the protocol’s yETH pool allowed an attacker to mint an abnormally large amount of tokens. 

The exploit flooded the pool with invalid supply and triggered a rush for the exits across DeFi —  spilling over into majors like BTC and ETH.

But macro pressure has been building in parallel. A sharp spike in Japanese government bond yields — part of a broader global repricing of interest-rate expectations—sparked a risk-off move in Asia trading hours, hitting an already fragile, low-volume crypto market.

Comments from Bank of Japan Governor Kazuo Ueda signaled the possibility of a December rate hike — an event that would be Japan’s first move away from negative interest rate policy in years. 

The remarks sent Japan’s 30-, 10-, and 2-year government bond yields to their highest levels since 2008. A stronger yen could force hedge funds that borrow cheaply in Japan to unwind carry trades, adding fresh pressure to bitcoin and other risk assets.

According to 10x Research, last week marked one of the lowest-liquidity stretches since July, leaving order books thin and amplifying the impact of institutional selling.

The result was a deeper drawdown than fundamentals alone might suggest. Bitcoin’s market depth evaporated over the weekend, turning what might have been a modest correction into a full-scale liquidity event. 

More than 220,000 traders were liquidated over 24 hours, with total losses exceeding $630 million.

The derivatives picture underscores the imbalance: Bitcoin price futures open interest fell by $1.1 billion leading into the decline, suggesting traders had already started de-risking. 

Monetary policy uncertainty remains at the center of investors’ anxiety. Markets now assign an 80%–87% probability that the Federal Reserve will cut rates by 25 basis points at its Dec. 9–10 meeting.

Rate cuts would be supportive for the Bitcoin price, boosting liquidity and risk appetite. But if the Fed opts to hold steady, traders fear a sharper unwind across risk assets.

Corporate developments added another wrinkle. Strategy Inc. (formerly MicroStrategy) said Monday it created a $1.4 billion reserve—funded by common-stock sales—to cover at least 21 months of preferred-stock dividend payments amid Bitcoin’s slide. 

The company, which now holds 650,000 BTC, also reported purchasing another 130 BTC last week for $11.7 million.

Last week, fresh disclosures showed BlackRock ramping up its exposure to its own spot Bitcoin ETF while JPMorgan rolled out a high-stakes structured note tied to the fund.

Bitcoin price briefly dipped to $86,129 before rebounding above $90,300 amid ongoing Q4 volatility. BlackRock’s Strategic Income Opportunities Portfolio now holds 2.39 million IBIT shares worth $155.8 million, up 14% from June, signaling deeper internal allocation to BTC-linked assets.

Meanwhile, JPMorgan’s new derivative-style note lets institutions bet on IBIT’s future price, offering a 16% fixed return if targets are met next year, and up to 1.5x upside by 2028 if Bitcoin surges.

At the time of writing, the bitcoin price is rebounding up to $86,469.  

This post Bitcoin Price Plunges 8% to $84,000 as December Opens With More Market Jitters first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Bitcoin Magazine

Bitcoin Price Surged Above $106,000 As Strategy Buys 487 More Bitcoin

Bitcoin’s price climbed above $106,000 on Monday as Strategy, the world’s largest corporate holder of Bitcoin, announced its latest acquisition of 487 BTC for approximately $49.9 million.

According to an SEC filing, the purchases were made between November 3 and November 9 at an average price of $102,557 per Bitcoin, inclusive of fees and expenses.

The business intelligence firm’s total Bitcoin holdings have now reached 641,692 BTC, acquired for an aggregate purchase price of $47.54 billion at an average price of $74,079 per Bitcoin. This latest purchase marks Strategy’s largest Bitcoin acquisition since late September, demonstrating the company’s continued commitment to its Bitcoin treasury strategy.

The recent purchase was funded through multiple preferred stock offerings under Strategy’s at-the-market (ATM) programs. Notably, the company utilized its STRC “Stretch” preferred stock series for the first time, raising $26.2 million through the sale of 262,311 shares. Additional funding came from other preferred stock series, including $18.3 million from STRF “Strife” shares, $4.5 million from STRK “Strike” shares, and $1 million from STRD “Stride” shares.

BREAKING: STRATEGY BUYS ANOTHER 487 #BITCOIN FOR $49.9 MILLION pic.twitter.com/54eCrIrH3Z

— Bitcoin Magazine (@BitcoinMagazine) November 10, 2025

Strategy’s innovative approach to financing Bitcoin acquisitions through various preferred stock offerings has created a sustainable model for corporate Bitcoin accumulation. The company recently increased the STRC series’ annualized dividend rate to 10.5%, paid monthly, to attract investors.

Bitcoin price rebound

Bitcoin’s price responded positively to the announcement, trading at $106,219 as of press time, up 3.12% in the past 24 hours. The market has shown increased stability and maturity, with institutional adoption continuing to grow despite recent market volatility.

Despite recent criticism and a decline in Strategy’s stock price, market sentiment appears to be shifting. Notable short-seller Jim Chanos recently announced the closure of his position against MSTR, while contrarian investors are noting potential bottom signals in Bitcoin treasury companies.

The company’s aggressive accumulation strategy comes amid broader institutional acceptance of Bitcoin as a treasury reserve asset. Recent regulatory clarity regarding the treatment of Bitcoin in corporate treasury operations has further strengthened institutional confidence.

Strategy maintains significant capacity for future Bitcoin purchases. The company’s systematic approach to Bitcoin accumulation, combined with transparent reporting and regulatory compliance, continues to provide a blueprint for other corporations entering the space.

The corporate Bitcoin treasury model has evolved beyond early adoption into a mainstream treasury management strategy. We’re seeing unprecedented interest from companies across various sectors and regions.

As more corporations adopt Bitcoin treasury strategies and regulatory frameworks become clearer, the trend appears poised to accelerate through 2026. With Strategy leading the way and new entrants like Germany’s aifinyo AG joining the space, corporate Bitcoin adoption has become an established feature of the institutional Bitcoin landscape, potentially setting the stage for the next phase of Bitcoin’s mainstream integration.

This post Bitcoin Price Surged Above $106,000 As Strategy Buys 487 More Bitcoin first appeared on Bitcoin Magazine and is written by Vivek Sen.

Bitcoin Magazine

Bitcoin Price Jumps to $103,000 After Tumultuous Week 

Bitcoin price reached $103,500 today after a week of tumultuous trading. Bitcoin started the day down close to $100,000 but rebounded throughout market trading to highs of $103,859 today. 

Earlier this week, Bitcoin plunged below $100,000 for the first time since June on November 4. 

The slump came amid macro pressures, political headlines, and fading risk appetite, pushing bitcoin down to $99,070 and more than 20% off its October high of $126,000, technically entering a bear phase. 

The sell-off follows October’s massive liquidation events, a series of hacks, and trade tensions with China. 

The Federal Reserve’s hawkish tone, including a modest rate cut and signals that further cuts may not come, weighed on sentiment. 

During the Fed’s most recent press conference, Jerome Powell said that December’s rate cuts aren’t guaranteed, Bitcoin’s price immediately reacted — plunging to $109,000 on the day. Since then, the price continued bleeding into this week. The broader crypto market reacted similarly. 

Powell said that inflation excluding the impact of tariffs is “not so far” from the central bank’s 2% target, but emphasized that policymakers have “not made a decision about December.” Powell noted that officials held “strongly differing views” during today’s meeting.

A stronger U.S. dollar added pressure. Technical charts show Bitcoin struggling around its 200-day moving average, with support near $96,000, according to Bitcoin Magazine Pro data.  

Despite this, some bulls, including Michael Saylor’s firm, continue buying the dip, signaling cautious confidence.

Bitcoin price technical analysis

Despite the volatility, major institutions like JPMorgan remain bullish, forecasting a potential rise to $170,000 within 6–12 months, citing undervaluation relative to gold and the conclusion of heavy deleveraging.

Technical indicators offer mixed signals. Up to today, Bitcoin has been trading in a tight $100,000 –$102,000 support corridor, facing resistance at $106K–$114K. 

Short-term buyers have exhausted momentum, while on-chain data highlights friction between capitulating short-term holders at $107K–$110K and long-term holders defending $95K–$96K. 

Institutional flows show tentative accumulation: after six days of withdrawals totaling $2.05 billion, U.S. spot Bitcoin ETFs recorded $240 million in inflows, led by BlackRock and Fidelity. 

Whale activity indicates profit-taking rather than panic, with over 319,000 BTC reactivated in the past month, mostly held six to twelve months.

Recently, Cathie Wood lowered ARK Invest’s 2030 Bitcoin forecast from $1.5 million to $1.2 million, citing stablecoins increasingly taking on Bitcoin’s transactional role while reaffirming its long-term “digital gold” potential. 

Galaxy Digital also cut its year-end Bitcoin target from $185,000 to $120,000, pointing to whale selling, rotations into other assets, and leveraged liquidations, while describing the market as entering a “maturity era.” 

This post Bitcoin Price Jumps to $103,000 After Tumultuous Week  first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Bitcoin Magazine

Bitcoin Price Craters to $107,000 as Fed Turns Cautious, Traders React to Trump–Xi Meeting

Bitcoin price tumbled sharply Thursday morning, falling to the low $107,000s as traders digested cautious remarks from Federal Reserve Chair Jerome Powell and mixed signals from the latest Trump–Xi meeting. 

The bitcoin price drop erased last week’s rebound and extended the bitcoin’s weak October performance, weighed down by macro headwinds and China-U.S. trade relations.

The world’s largest cryptocurrency was down to $107,472 by early Thursday, according to Bitcoin Magazine Pro data, after briefly plunging to $107,925 overnight.

Bitcoin price reacts to Jerome Powell’s comments

The move followed the Fed’s 25-basis-point rate cut on Wednesday — its second of 2025 — bringing the target range to 3.75%–4%. While the cut was widely anticipated, Powell’s message was clear: further easing this year is far from guaranteed.

There were “strongly differing views among policymakers,” Powell said during his post-meeting press conference, adding that the Fed might “wait a cycle” before considering another reduction. 

The remarks rattled markets that had been pricing in a December cut, with CME FedWatch data showing probabilities for another move dropping from 90% to just 71% after his comments.

Risk assets broadly weakened yesterday. The S&P 500 finished flat, the Dow Jones Industrial Average slipped 0.2%, and the Nasdaq Composite managed a modest 0.6% gain. As of writing, markets for Thursday look bleak as well. 

Bitcoin, which traded near $116,000 earlier in the week, sank as Powell spoke, briefly touching $109,000 in a sharp sell-off before stabilizing near $111,000 overnight.

The Fed’s tone also overshadowed what had appeared to be a positive outcome from the Trump–Xi summit. Following the meeting, President Trump said China would “immediately resume soybean purchases” and that “all rare-earth issues have been resolved.” 

Still, it looks like traders remained cautious, focusing instead on the Fed’s hawkish pivot and the ongoing U.S. government shutdown, now entering its fourth week.

Institutional demand also showed early signs of weakness. U.S.-listed spot Bitcoin ETFs saw $470.7 million in outflows on Wednesday, ending a four-day inflow streak and marking the largest daily outflow since October 16, per Bitcoin Magazine Pro data.  

Will the bitcoin price react to Quantitative Tightening ending? 

Powell did confirm that the Fed is nearing the end of its Quantitative Tightening (QT) program — a move that could eventually boost liquidity in risk assets. 

Since 2022, QT has drained nearly $1 trillion from the Fed’s balance sheet by allowing Treasury and mortgage holdings to mature without reinvestment. 

Powell said the process could conclude by December but warned that future decisions remain data-dependent. Despite the sharp correction, analysts remain divided on Bitcoin’s near-term direction.

This post Bitcoin Price Craters to $107,000 as Fed Turns Cautious, Traders React to Trump–Xi Meeting first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Bitcoin Magazine

Bitcoin Price Crashes to $109,000 Then Rebounds as Jerome Powell Stays Neutral on Future Cuts

Bitcoin’s price fell to $109,000 Wednesday afternoon after Federal Reserve Chair Jerome Powell signaled that additional rate cuts may not follow in December. Since then, Bitcoin price has leveled near $111,000.

The drop came shortly after the central bank reduced its benchmark interest rate by 0.25 percentage points to a target range of 3.75%–4%.

The cut — the Fed’s second of 2025 after a move in September — ended a long stretch of rate holds. The policy shift is intended to lower borrowing costs and support economic activity. But Powell’s comments that further cuts are not guaranteed this year sparked selling across risk assets.

Before the announcement, Bitcoin traded near $116,000 on Monday and briefly dipped below $111,000 early Tuesday. The price briefly bounced on the news before sliding again as Powell spoke. Bitcoin is currently trading near $111,200, according to Bitcoin Magazine Pro data.

During the press conference, as Jerome Powell said that December’s rate cuts aren’t guaranteed, Bitcoin’s price immediately reacted — plunging to $109,000 in a sharp red candle before quickly recovering. The broader crypto market reacted similarly. 

Powell said that inflation excluding the impact of tariffs is “not so far” from the central bank’s 2% target, but emphasized that policymakers have “not made a decision about December.” Powell noted that officials held “strongly differing views” during today’s meeting. 

Following his remarks, markets sharply trimmed expectations for another rate cut this year. Fed funds futures now price a 71% chance of a December cut, down from about 90% earlier in the day, according to CME data and on prediction markets like Kalshi and Polymarket.

The two-year Treasury yield jumped 9 basis points as traders reassessed the Fed’s near-term trajectory.

Historically, Bitcoin has reacted sharply to monetary-policy changes. After the Fed’s emergency cuts in March 2020, Bitcoin plunged nearly 39% before recovering. When the Fed cut in September 2025, market reaction was limited — suggesting expectations were already priced in.

Bitcoin price as Fed signals end of Quantitative Tightening

Powell also said the central bank is approaching the end of its Quantitative Tightening program, confirming the Fed expects to stop QT by December. This involves letting some holdings of Treasuries and mortgage securities run off the balance sheet as they mature, rather than reinvesting the principal.

QT reduces liquidity by shrinking the Fed’s balance sheet through allowing government bonds to mature without reinvestment or by selling them into the market. 

The process has been underway since 2022, removing nearly $1 trillion in securities as part of efforts to fight inflation.

JUST IN: Federal Reserve announces it will stop shrinking it's balance sheet on December 1 pic.twitter.com/1SYilnW1cA

— Bitcoin Magazine (@BitcoinMagazine) October 29, 2025

Ending QT would stop that drain on liquidity — a shift many analysts believe could eventually support flows into risk assets, including Bitcoin. 

Powell warned, however, that policy will remain dependent on economic data, adding further uncertainty to market expectations.

This post Bitcoin Price Crashes to $109,000 Then Rebounds as Jerome Powell Stays Neutral on Future Cuts first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Bitcoin Magazine

Bitcoin Price Crashes to $112,000 Ahead of Fed Decision, Markets Eye U.S.-China Talks

Bitcoin price continued its semi-green week for a bit today trading above $115,000 today and briefly reaching $116,077. Since then, bitcoin’s price has dumped to the mid $112,000s, according to Bitcoin Magazine Pro data.

This bitcoin price movement comes as traders weigh the Federal Reserve’s upcoming interest-rate decision and renewed optimism in the U.S.-China trade relations.

Data from Bitcoin Magazine Pro showed a 1.6% daily gain for BTC before the dump in late afternoon.

Despite historical trends of Bitcoin pulling back ahead of major U.S. economic events, the cryptocurrency held steady ahead of Wednesday’s Federal Open Market Committee (FOMC) meeting, where a 25-basis-point rate cut is widely expected.

Traders remain divided on near-term price targets. Some believe the market may be bottoming and an uptrend could follow for the rest of the week, while others believe $117,000 as a potential pre-Fed local top before BTC revisits the CME futures gap near $111,000.

The broader macro backdrop also supported risk-on assets. Gold fell to under $4,000 per ounce, its lowest since Oct. 6, helping fuel gains in Bitcoin and altcoins.

Bitcoin price enters tight range

Bitcoin’s price has entered one of its tightest trading ranges in history, moving between $106,000 and $123,000 for over four months. This extended calm has driven volatility to record lows on six-month metrics — levels that have historically preceded major directional moves. The weekly Bollinger Band Width, a key volatility indicator, has reached its lowest reading ever, suggesting that a large expansion in volatility could be imminent.

In past cycles, similar compression periods have led to price surges exceeding 65% within 100 days. 

Applying those historical patterns implies a potential target of $170,000–$180,000 by 2026 if Bitcoin follows a comparable trajectory. However, these low-volatility phases can persist for months before breaking out, meaning Bitcoin may continue trading sideways into early 2026.

Corporate crypto buying

Corporate and institutional crypto activity is also making headlines. Japanese hotelier-turned-Bitcoin treasury Metaplanet Inc. announced a $500 million share buyback, while Cathie Wood and Ark Invest increased its holdings in Block Inc. by $30.9 million across three ETFs.

Wood, known for her $1.5 million Bitcoin prediction, is one of the most bullish investors in crypto. Through ARK Invest, she has consistently invested millions in major crypto-related stocks. 

Her firm held positions in Circle Internet Group, Coinbase, Robinhood, and Bitmine Immersion Technologies. 

Recently, ARK expanded its crypto exposure by purchasing about $31 million worth of Block Inc. shares. The ARK Innovation ETF bought 210,916 shares, the ARK Next Generation Internet ETF added 59,827 shares, and the ARK Fintech Innovation ETF acquired 114,842 shares.

This post Bitcoin Price Crashes to $112,000 Ahead of Fed Decision, Markets Eye U.S.-China Talks first appeared on Bitcoin Magazine and is written by Micah Zimmerman.