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by: xpoolPosted on: October 17, 2025

Bitcoin Plummets Below $105,000 Amidst Institutional Outflows and Market Uncertainty

Bitcoin witnessed a significant decline in value, falling to around $105,800, marking a 4.5% drop over the course of the day and extending this week’s market correction. This plunge is attributed to various factors, including outflows from US-based Bitcoin ETFs, increasing macroeconomic concerns, and technical indicators signaling bearish momentum.

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