Bitcoin Hits $110K: Bull Run to $200K or a Downward Slide to $80K? Latest Crypto Market Update
Bitcoin traded near $110,000 on Nov 2, little changed from a week earlier after hitting a record $125,000 in early October and then dropping amid U.S.–China trade tensions. The Fed cut rates by 25 basis points on Oct 29, but Chair Powell’s cautious comments weighed on risk assets. Major institutions and public companies continued accumulating Bitcoin, while U.S. and EU regulators approved new crypto ETF rules. Ethereum hovered near $3,900, down about 2% for the week.