price fluctuated, rising above $110,000 before dropping below $103,000 due to geopolitical tensions. It has since recovered slightly, currently trading around $105,000 after a 3% decline.

Weiss Crypto Ratings' model predicts a bullish trend for $BTC in November, suggesting a potential 4-year-cycle high for the cryptocurrency market.

Glassnode noted a unique $BTC market, with high long-term holder spending and many coins maturing, driven by U.S. Spot Bitcoin ETFs and rising institutional interest.