Bitcoin Crashes 4% To $106,000: Is The Bull Run Over?
Posted On November 3, 2025
Bitcoin (CRYPTO: BTC) is down 4% on Monday, leading experts to question whether the crypto giant will continue to follow its historic four-year market cycles.
What Happened: CryptoQuant founder and CEO Ki Young Ju highlighted that while Bitcoin’s fundamentals remain solid, structural shifts in liquidity sources are reshaping its behavior:
- The average holder cost basis is around $55,900, leaving wallets up ~93% on average. Realized cap rose by $8 billion this week, reflecting steady inflows, though gains are capped by profit-taking.
- New inflows mainly come from ETFs and corporate treasuries, while centralized exchange traders and miners are already …