Bitcoin Point Of Control Sits At $117K – Key Battle Zone For Bulls

NewsBTCFriday, October 31, 2025 at 11:00:13 PM
Bitcoin Point Of Control Sits At $117K – Key Battle Zone For Bulls
Bitcoin has recently dropped below the $110,000 mark, causing significant concern among traders and investors. This decline was triggered by the US Federal Reserve's decision to cut interest rates and signal an end to quantitative tightening, leading to a wave of panic selling. The volatility has tested investor confidence and resulted in the liquidation of leveraged positions, highlighting the ongoing uncertainty in the market. Understanding these movements is crucial for anyone involved in cryptocurrency, as they reflect broader economic trends and investor sentiment.
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