.png)
2 hours ago
2
The largest crypto has now tumbled more than 20% since hitting a record high above $126,000 only one month ago.
Updated Nov 4, 2025, 7:11 p.m. Published Nov 4, 2025, 7:07 p.m.
Bitcoin BTC$104,608.94 fell below the $100,000 level on Tuesday on at least some major exchanges — Coinbase, Gemini and Kraken, to name three — its weakest price since late June in a broader crypto market correction. The move below that price was met with at least a bit of buying, though, with BTC bouncing back to $101,300 within minutes.
The largest cryptocurrency now has declined more than 20% from its record high above $126,000, hit just one month ago. It also made a new low below the crypto flash crash on October 10, which ranked as possibly the largest liquidation events in crypto history, taking BTC to $103,000 from above $120,000 in less than a day.
In the following weeks, recovery attempts fizzled out as bounces above $110,000 met with quick selloffs.
Among the more recent catalysts for the selling is the Federal Reserve's surprise hawkish surprise last week, with Jerome Powell and a growing number of his cohorts cooling expectations for another interest rate cut in December.
Read more: Bitcoin Careens Toward $100K as Morning Bounce Fails
More For You
Inside Zcash: Encrypted Money at Planetary Scale
A deep dive into Zcash's zero-knowledge architecture, shielded transaction growth, and its path to becoming encrypted Bitcoin at scale.
What to know:
In 2025, Zcash evolved from niche privacy tech into a functioning encrypted-money network:
- Shielded adoption surged, with 20–25% of circulating ZEC now held in encrypted addresses and 30% of transactions involving the shielded pool.
- The Zashi wallet made shielded transfers the default, pushing privacy from optional to standard practice.
- Project Tachyon, led by Sean Bowe, aims to boost throughput to thousands of private transactions per second.
- Zcash surpassed Monero in market share, becoming the largest privacy-focused cryptocurrency by capitalization.
More For You
Chainlink's LINK Tumbles 6% as Technical Breakdown Trumps UBS, FTSE Partnership
LINK risks falling to $14 as breakdown amid heavy volume confirmed the broader bearish structure.
What to know:
- Chainlink's native token LINK plunged another 6% to $14.59 as heavy volume overwhelmed bullish developments.
- UBS tokenized fund transaction and FTSE Russell partnership couldn't halt decline.
- Breakdown below $15.26 triggers descending channel on 154% volume spike, CoinDesk Research's technical analysis model suggests.
