1. What is the current Bitcoin price today?
As of now, Bitcoin is trading around $115,000, showing signs of recovery after dropping sharply from recent highs near $125,689 due to global trade tensions.
2. Why did Bitcoin’s price fall recently?
The sudden decline was triggered by new US–China tariffs, which caused a global selloff across markets. Leverage-driven liquidations in crypto futures intensified the drop, wiping nearly $19 billion from the market in a single day.
3. How are ETFs and Crypto ETFs affecting Bitcoin’s price?
Strong inflows into Bitcoin ETFs and Crypto ETFs have supported prices by channeling institutional money into the market. In early October, total inflows reached about $5.9 billion, fueling the rally before the correction.
4. What are the key support and resistance levels for Bitcoin now
Bitcoin is finding support around $110,000, while resistance stands between $124,000 and $126,000. A break above this upper range could signal a new bullish phase.
5. What is the outlook for Bitcoin in the coming weeks?
If ETF inflows remain strong and trade tensions ease, Bitcoin could retest or surpass its $125,000 highs. However, continued macro volatility and tariff concerns may keep the market range-bound in the near term.