Morning Minute: Bitcoin Breaks Below $100K for First Time Since May

On November 4, 2025, Bitcoin dropped below $100,000 for the first time since May, falling approximately 6% to just under that threshold. This decline marked a volatile period for the major cryptocurrencies, with Ethereum (ETH) and Solana (SOL) also experiencing significant losses, each down 10-15%. Despite the sharp declines, there were reasons for optimism as Bitcoin bounced back to around $102,000, and other major cryptocurrencies also began to recover. The article notes the historical pattern of pullbacks in crypto, suggesting such declines could be a precursor to future gains. It highlights the ongoing NFT and crypto market engagements, as well as the macroeconomic environment that may support continued growth, including government support for Bitcoin and developments in exchange traded funds (ETFs). Overall, while sentiment remains negative, indications show potential recovery in the markets.

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