Bitcoin brief slip below $100K heightens crypto winter fears
The post Bitcoin brief slip below $100K heightens crypto winter fears appeared com. Bitcoin’s sustained price above $100, 000 was supposed to signal its arrival as a mature institutional asset. Instead, its sudden reversal below that threshold has unsettled traders and revived fears of another crypto winter. On Nov. 4, Bitcoin briefly dipped to its lowest level since May at $99,075, before recovering to approximately $102,437 as of press time. Despite the price recovery, BTC is still down roughly 3% from the day’s peak of $104,777, according to CryptoSlate data. This price performance resulted in Bitcoin lagging US Treasuries for the first time this year, erasing one of 2025’s most popular macro trades. Why is Bitcoin price falling? Long-term holders have played a significant role in driving the flagship digital asset’s downward trend by realizing profits at record rates. Bitcoin analyst James Van Straten noted that this cohort has sold more than 362, 000 BTC, equivalent to approximately 3, 100 BTC per day, since July. According to him, that pace has quickened over the past three weeks to nearly 9, 000 BTC daily. Another analyst, Johan Bergman, suggested the total could be even higher. He calculated that the LTH cohort’s cumulative realized profits increased from $600 billion in June to $754 billion as of today. According to him: “Assuming they sold at an average price of $110,000, that’s about $72,000 in profit per coin. So, $154B / $72K ≈ 2. 1 million coins sold.” Data from James Check at CheckOnChain further reveals that Bitcoin currently faces $34 billion in monthly sell-side pressure as older coins return to exchanges. That inflow has largely offset weakening demand from ETFs and corporate treasuries, some of which have shifted focus to share buybacks instead of new crypto allocations.. Bitcoin Capital.