Bitcoin Plunges To $105,000: Is This A Black Friday In The Making?
Posted On October 17, 2025
Bitcoin (CRYPTO: BTC) is in a reset phase, with the largest crypto liquidation event in years and weakening ETF inflows prompting bearish sentiment among investors.
What Happened: Bitcoin hit a new all-time high above $126,000 in early October before reversing sharply due to escalating U.S.–China tariff concerns, causing a historic $19 billion futures deleveraging, one of the largest in crypto history.
Glassnode data shows the reset is characterized by reset leverage, cautious sentiment, and reliance on renewed demand for recovery:
ETF & Market Dynamics:
- SoSoValue …
About The Author
