@jwad
Bitcoin Plunges Below $107.000
Triggering $1.2 Billion Liquidations
Ends Seven-Year October Streak
Bitcoin dropped below $107,000 on October 30, 2025
causing over $1.2 billion in crvptocurrencv market
iquidations and marking the first negative October since
2018. The decline stemmed from a failed virtual meeting
between U.S. President Donald Trump and Chinese President
Xi Jinping that escalated trade tensions, combined witk
Federal Reserve Chair Jerome Powell's cautious comments
on interest rate cuts, leading to widespread seling in risk
assets. Although Bitcoin rebounded slightly to $108,300 bv
October 31. it closed the month down more than 6%, with
ong-term holders taking profits amid shaken marke
confidence.
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