Continue Reading
Full article on Unknown
Bitcoin Bears See More Peril After $300 Billion Crypto Selloff
Market Intelligence Analysis
AI-Powered
Why This Matters
A significant crypto selloff, totaling $300 billion, has shifted market sentiment from bullish to bearish. Galaxy Digital has lowered its year-end Bitcoin price target, reflecting concerns about leverage in the market and signaling further potential downside.
Market Impact
Market impact analysis based on bearish sentiment with 90% confidence.
Sentiment
Bearish
AI Confidence
90%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
It all adds up to a spectacular reversal of sentiment from early October, when Bitcoin rallied to a record on the back of frenzied buying on margin. Michael Novogratz’s Galaxy Digital on Wednesday cut its year-end Bitcoin price target to $120,000 from $185,000, citing the “significant leverage wipeout.” A month after Bitcoin hit an all-time high of $126,251, below are some signals informing the bearish sentiment in crypto.
Original article published by
Unknown
on November 6, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.