Bitcoin slid below $107,000 after hitting $114,000 as profit-taking and macro pressures triggered a cooldown. Most analysts view it as a healthy reset, with support at $105K-$107K and the long-term uptrend intact.
Bitcoin retreated from $114K to below $107K. Analysts view it as a healthy pullback driven by profit-taking and deleveraging. Support is seen at $105-107K, with the long-term bullish structure intact.
Bitcoin rebounded to around $109,500 after defending support near $107,000. BlackRock’s IBIT added $73.6 million in BTC, signaling continued institutional demand, while exchange inflows suggest short-term selling pressure remains a risk.
Prediction markets show a 93% probability of socialist Zohran Mamdani winning NYC mayor, spooking traders. Bitcoin dipped to $105K then rebounded to $107K, with 24h volume surging 104% and $298M in long liquidations.
With Polymarket assigning Zohran Mamdani a 93% chance of becoming NYC mayor, Bitcoin slipped to $105K before recovering to $107K. Trading volume surged 104%, and long liquidations reached nearly $300 million as traders reacted to potential socialist policies.
Polymarket gives Zohran Mamdani a 93% chance to become NYC mayor. Bitcoin plunged to $105K before rebounding to $107K, down 2.87% in 24 hours, with volume surging 104%. Traders fret over his socialist agenda.
Polymarket gives Zohran Mamdani a 93% chance of becoming NYC mayor; his socialist policies spook traders. Bitcoin fell to $105K before recovering, with 2.87% daily loss and 104% volume surge. Market shows risk aversion as dominance jumps to 60.7%.
