International cryptocurrency market’s benchmark digital asset, Bitcoin, costs dropped under $104,000 on Tuesday, 4 November 2025, because of the pressures within the macroeconomic atmosphere and buyers reserving their earnings to safe their crypto market beneficial properties.
“The current 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,” mentioned Sumit Gupta, Co-founder of CoinDCX on Tuesday.
Bitcoin value right now
Bitcoin costs dropped greater than 4% to hit a low of $103,049.39 on Tuesday, in comparison with $107,670 on the identical time throughout Monday’s market session.
In accordance with CoinMarketCap information, Bitcoin’s market capitalisation (M-Cap) dropped greater than 2% to $2.06 trillion during the last 24 hours as buying and selling volumes surged 58.55% to $84.39 billion. The rise in buying and selling volumes reveals that the buyers are promoting the digital asset to safe their earnings.
During the last one-year interval, Bitcoin costs have given crypto market buyers greater than 50% returns on their funding. Nevertheless, the digital asset has misplaced over 15% within the final one-month interval after hitting its lifetime excessive stage in early October.
CoinMarketCap information additionally highlighted that Bitcoin costs have dropped a bit over 10% within 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, based on 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 value might start a restoration part later this month. In the meantime, a decisive break under ($100K) might open the door to deeper correction close to $95,000 or decrease
Can the crypto get better its losses?
Sumit Gupta, Co-Founding father of CoinDCX, informed Mint that the current drop in Bitcoin costs comes because the digital asset dropped under its key help zone, fueling a panic-selling state of affairs available in the market.
“BTC value broke under key help zones and attracted a wave of liquidations and panic promoting. Subsequently, the present commerce dynamics seem extra about positioning and sentiments proper now and fewer about fundamentals,” mentioned Gupta.
Within the brief time period, the Bitcoin costs are anticipated to stay risky because the digital asset goals to defend the $100,000 mark. The crypto market skilled additionally highlighted that if the Bitcoin costs fall under that mark, it could gas a deeper correction to $95,000 or a decrease stage.
“Within the brief time period, Bitcoin is anticipated to remain consolidated however risky and check out arduous to defend the brink at $100K. If this materialises, the BTC value might start a restoration part later this month. In the meantime, a decisive break under that might open the door to deeper correction close to $95,000 or decrease,” mentioned the crypto market skilled.
Nevertheless, in the long run, the outlook for Bitcoin stays unchanged, and the current pullback seems like a ‘cooling-off part’ moderately than the beginning 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. Subsequently, this pullback seems to be a cooling-off part moderately than the start of a brand new bear market,” mentioned Sumit Gupta.
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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 buyers to seek the advice of with licensed specialists earlier than making any funding choices, as market circumstances can change quickly and circumstances might differ.
