In brief
- Bitcoin tested the key support level of $112,500 Tuesday morning, as ETF flows reversed with $326M in outflows.
- Analysts warned that a break of support could send Bitcoin down toward $103,500.
- Ongoing U.S.-China trade tensions are compounding market fragility and fear.
The cryptocurrency market is facing a broad pullback, with Bitcoin testing a critical support level as recent institutional inflows reverse and investor sentiment cools.
Bitcoin is trading around $110,800, down approximately 3.4%, while Ethereum has fallen about 4.5% to below $4,000, per CoinGecko data. The total crypto market capitalization has dropped 4.4% over the past 24 hours to $3.85 trillion, and trading volumes remain elevated, indicating volatility is…
Oct 14 2025
