$BTC BTC’s price has fallen to roughly US $89,000-US $92,000, having dropped nearly 25-30 % from its early October peak of over US $126,000.
Market cap is hovering around US $1.8–1.9 trillion, with circulating supply at approx 19.95 million coins.
Technical indicators on the major exchanges are signalling a “Strong Sell” on daily time frames: e.g., on BTC/USD many moving‐averages are trending downwards, MACD is negative, RSI is weak.
✅ Structural Positives
$BTC Bitcoin remains the dominant crypto asset, enjoying large scale adoption, secure network effect and a capped supply (21 million coins) which underpins its narrative as digital scarcity.
Despite the recent drop, large‐scale institutional interest and infrastructure (spot ETFs, custody, etc) are still present, which suggests the downturn may be more of a corrective phase rather than a full collapse.
BTC
95,433.45
-2.21%