Bitcoin Price Dips Below $104,000 Amid Increased Volatility

Published at 2025-11-07 12:04:51
Bitcoin Price Dips Below $104,000 Amid Increased Volatility – cover image

On November 4, 2025, Bitcoin experienced a notable price drop, falling below $104,000 to reach $103,049.39. This represents a decline from its previous market close of $107,670. The market capitalization of Bitcoin also decreased by over 2%, settling at $2.06 trillion. Interestingly, trading volume surged by 58.55% to $84.39 billion, indicating heightened market activity.

Bitcoin's recent price performance has seen a decline of more than 15% over the past month since reaching an all-time high of $126,198.07 on October 7, 2025. The short-term outlook points to ongoing volatility, with attempts to stay above the psychologically crucial $100,000 level. Should the price fall below this benchmark, experts warn of potential corrections towards $95,000 or even lower.

Market expert Sumit Gupta, Co-founder of CoinDCX, has commented that the current Bitcoin price movements are driven more by market sentiment than fundamental changes. He describes the recent dip as a natural cooling-off phase rather than the onset of a bear market.

Looking ahead, the long-term outlook for Bitcoin remains positive, bolstered by steady institutional demand and consistent network activity. For those interested in investing but cautious about market fluctuations, platforms like Bitlet.app offer innovative solutions such as Crypto Installment services, allowing users to buy cryptocurrencies now and pay over time, mitigating entry point risks.

Stay informed and consider all options when navigating the dynamic landscape of cryptocurrency investment.

Share on:

Related news

Russia Mulls Legal Framework for Stablecoin Payments, Bans Crypto Payments

Russian authorities are considering legalizing payments with fiat‑pegged stablecoins while moving to prohibit traditional cryptocurrencies for payment use. Stablecoin transactions could be governed by a dedicated legal framework to follow broader crypto legislation.

Published at 2026-03-04 11:01:08
Ex-OpenAI Researcher’s Hedge Fund Makes $5.52B Bitcoin Mining Bets

Leopold Aschenbrenner’s Situational Awareness LP disclosed $5.52 billion in equity exposure concentrated in power infrastructure, data centers and Bitcoin mining companies, an SEC filing shows. The rapid build-up in under a year signals rising institutional conviction in mining and related infrastructure.

Paraguay Turns 1,500 Seized Rigs Into State-Led Bitcoin Mining Program

Paraguay’s state utility ANDE will relaunch 1,500 confiscated Bitcoin mining rigs in partnership with Morphware, running them on surplus hydroelectric power under direct government supervision. The program aims to repurpose seized equipment and generate public revenue while testing a state-run mining model.

Published at 2026-03-04 09:00:16
U.S. Executes First 2026 Bitcoin Transfer From Government Wallet Amid Iran Crisis

On March 3, 2026, U.S. federal authorities moved a small amount of Bitcoin from a government-controlled wallet, the first blockchain-recorded Bitcoin transaction by the U.S. this year. The transfer was logged on-chain amid heightened tensions around Iran.

Published at 2026-03-04 07:30:13
ARQ Raises $70M from Sequoia and Founders Fund to Expand Stablecoin Finance

ARQ — formerly DolarApp — has closed a $70 million funding round led by Sequoia and Founders Fund to scale stablecoin-based wealth management and credit services across Latin America.