Bitcoin Dips Below $104,000 as Profit-Booking Intensifies
Bitcoin fell below the $104,000 mark on Tuesday, November 4, 2025, as investors cashed in on recent gains amid a challenging macroeconomic climate.
Key Price Movements
The price of Bitcoin dropped over 4% to hit a daily low of $103,049.39, down from $107,670 seen during Monday’s session.
Market Capitalisation and Trading Activity
According to CoinMarketCap data, Bitcoin’s market capitalisation fell more than 2% to $2.06 trillion in the last 24 hours. Meanwhile, trading volumes surged 58.55% to $84.39 billion, indicating significant selling pressure as investors secured profits.
Recent Performance Context
Despite delivering over 50% returns to investors in the past year, Bitcoin has declined more than 15% in the last month after reaching its all-time high in early October.
Data shows Bitcoin traded between a 24-hour high of $107,673.23 and a low of $102,911.76. The cryptocurrency hit its record peak of $126,198.07 on October 7, 2025, a stark contrast to its lifetime low of $0.04865 on July 15, 2010.
