International cryptocurrency market’s benchmark digital asset, Bitcoin, costs dropped below $104,000 on Tuesday, 4 November 2025, resulting from the pressures in the macroeconomic surroundings and investors reserving their earnings to safe their crypto market beneficial properties.
“The latest drop in Bitcoin is essentially a product of macro pressures and profit-taking. With U.S. rate-cut expectations pushed additional out, cryptos, particularly Bitcoin, have confronted renewed promoting,” stated Sumit Gupta, Co-founder of CoinDCX on Tuesday.
Bitcoin worth right now
Bitcoin costs dropped greater than 4% to hit a low of $103,049.39 on Tuesday, in comparison with $107,670 at the similar time throughout Monday’s market session.
In keeping with CoinMarketCap information, Bitcoin’s market capitalisation (M-Cap) dropped greater than 2% to $2.06 trillion over the final 24 hours as buying and selling volumes surged 58.55% to $84.39 billion. The rise in buying and selling volumes exhibits that the investors are promoting the digital asset to safe their earnings.
Over the final one-year interval, Bitcoin costs have given crypto market investors greater than 50% returns on their funding. Nonetheless, the digital asset has misplaced over 15% in the final one-month interval after hitting its lifetime excessive stage in early October.
CoinMarketCap information additionally highlighted that Bitcoin costs have dropped slightly over 10% in the final one-week interval. The information additionally confirmed that Bitcoin costs hit a 24-hour excessive stage of $107,673.23, whereas the 24-hour low stage was at $102,911.76, in response to the alternate information.
Bitcoin costs hit their all-time excessive stage at $126,198.07 on 7 October 2025, whereas their lifetime low stage was at $$0.04865 on 15 July 2010.
BTC worth might start a restoration part later this month. In the meantime, a decisive break below ($100K) might open the door to deeper correction close to $95,000 or decrease
Can the crypto recover its losses?
Sumit Gupta, Co-Founding father of CoinDCX, advised Mint that the latest drop in Bitcoin costs comes as the digital asset dropped below its key assist zone, fueling a panic-selling scenario in the market.
“BTC worth broke below key assist zones and attracted a wave of liquidations and panic promoting. Due to this fact, the present commerce dynamics seem extra about positioning and sentiments proper now and fewer about fundamentals,” stated Gupta.
In the quick time period, the Bitcoin costs are anticipated to stay risky as the digital asset goals to defend the $100,000 mark. The crypto market knowledgeable additionally highlighted that if the Bitcoin costs fall below that mark, it may possibly gas a deeper correction to $95,000 or a decrease stage.
“In the quick time period, Bitcoin is predicted to remain consolidated however risky and take a look at exhausting to defend the threshold at $100K. If this materialises, the BTC worth might start a restoration part later this month. In the meantime, a decisive break below that might open the door to deeper correction close to $95,000 or decrease,” stated the crypto market knowledgeable.
Nonetheless, in the long run, the outlook for Bitcoin stays unchanged, and the latest pullback appears to be like like a ‘cooling-off part’ moderately than the begin of a bearish market.
“From a broader perspective, the long-term outlook stays unchanged. Institutional demand stays regular, community exercise is wholesome, and Bitcoin continues to evolve as a macro asset. Due to this fact, this pullback seems to be a cooling-off part moderately than the starting of a brand new bear market,” stated Sumit Gupta.
Learn all tales by Anubhav Mukherjee
Disclaimer: This story is for instructional functions solely. The views and suggestions expressed are these of particular person analysts or broking corporations, not Mint. We advise investors to seek the advice of with licensed consultants earlier than making any funding choices, as market situations can change quickly and circumstances might differ.
