$BTC The price of Bitcoin started this Friday (30) down. The devaluation marks a turnaround in the upward movement that had been consolidating over the last 30 days, a period in which BTC still accumulates a valuation of 12.72%.
The main cause of the correction was the tightening of restrictions in China, which has even started to prohibit the possession of cryptocurrencies in the country.
During the intraday low, BTC briefly fell below US$ 105,000 for the first time in ten days. Despite the scare, the currency partially recovered and returned to trade above that level, being negotiated at US$ 105,647 at the time of writing this news.
One of the factors that may bring even more volatility in the coming hours is the expiration of about US$ 11.4 billion in Bitcoin and Ethereum options, scheduled for this Friday.
These expirations tend to intensify movements in the market as traders adjust positions or take profits.
The current context mixes signs of optimism with the need for caution. Despite the specific correction, the medium-term trend remains positive, supported by institutional growth and increasing demand.
#BTC #Binance #BinanceAlphaAlert #Bitcoin2025 #y