#MarketUpdate GLOBAL MARKET FLUCTUATIONS – BITCOIN DROPS BELOW $100,000
The crypto market just witnessed a strong drop as Bitcoin fell below $100K for the first time in 2025, down more than 20% from the historical peak on October 6. Panic sentiment spread after U.S. stocks collectively plummeted: S&P 500 -0.9%, Nasdaq -1.5%, Dow Jones -0.4%. AI stocks like Nvidia, Palantir, and AMD crashed due to concerns over high valuations, causing capital to flow out of risky assets.
On the technical chart, BTC is recovering around $101,580, touching the upper band of Bollinger Bands but still within a medium-term downtrend. A slightly positive MACD indicates weak buying pressure, not enough to confirm a reversal. If it does not surpass the $102K zone, there is a high likelihood that the price will return to test $99K. This is a time when investors need to maintain a strong mindset, monitor liquidity, and wait for clear confirmation signals before entering new positions.
