Bitcoin Retreats to $100,000—What’s Next for the Crypto Market?
Key Takeaways
- After a long rally to record highs, Bitcoin fell 13% in the span of a month.
- Institutional investors are holding steady, supporting bitcoin through its latest volatility.
- Analysts see no clear signs of a longer-term retreat.
Bitcoin’s 13% pullback over the past month has rattled a market that spent most of the last two years celebrating new cryptocurrency highs, record ETF inflows, and a wave of institutional adoption. With ether and solana dropping even more sharply, the question dominating investors’ minds is whether this is the start of a prolonged period of decline or just turbulence in a volatile asset class.
October is historically a great month for the world’s top cryptocurrency. Bitcoin delivered an average gain…
