🟡Bitcoin fell to $106,000, hitting a weekly low amid more than $1.1 billion in liquidations within 24 hours. The drop coincided with the U.S. Federal Reserve’s 0.25% rate cut and renewed uncertainty surrounding U.S.–China trade talks. Despite President Donald Trump’s optimistic comments about “progress,” equity markets opened lower, while gold surged back above $4,000 per ounce.
🟡Analysts are divided: some view the decline as a natural reaction to the Fed’s decision, while others warn of a potential 20–30% correction. October has become Bitcoin’s first losing month since 2018, underscoring the cryptocurrency market’s growing sensitivity to global macroeconomic factors.