Bitcoin Slides Below $106K as Cryptos Tumble, Nearing October Crash Lows

Market Intelligence Analysis

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Why This Matters

Bitcoin's price has dropped below $106K, causing a ripple effect across derivatives markets, resulting in over $1 billion in liquidated leveraged trading positions.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%

Article Context

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The downturn in prices rippled across derivatives markets, liquidating over $1 billion in leveraged trading positions across all digital assets Monday, CoinGlass data showed.

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Original article published by Unknown on November 3, 2025.
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