Bitcoin News– Page 3 of 21

In a headline-grabbing moment, U.S. President Donald Trump declared that America must “be number one in crypto,” signaling a potential policy shift that has injected fresh optimism into digital-asset markets. The remark, which comes amid intensifying competition with China’s digital-currency expansion, has sparked renewed interest across top crypto assets including Bitcoin, Ethereum and Solana, even as they extended their weekly declines. https://twitter.com/BitcoinMagazine/status/1985284706615582753 According to Coinglass data, over $1 billion in leveraged positions were wiped out in 24 hours, led by Hyperliquid ($374 million), Bybit ($315 million), and Binance ($250 million). Nearly 98% of those liquidations were long positions, triggered after Bitcoin’s rejection near $113,000 in thin weekend trading. Such washouts often act as short-term resets, flushing excess leverage before buyers return. Still, open interest remains near $30 billion, showing that traders haven’t completely backed off. The mix of political optimism and sudden volatility has reshaped the week’s top crypto predictions, as investors now weigh how Trump’s crypto-friendly rhetoric could balance against ongoing macro uncertainty. Bitcoin Price Today: Holding Near $108,000 as Bulls Defend Key Support Bitcoin is hovering around $108,000, down roughly 2 percent over the past five days. The broader sell-off reflected cautious positioning ahead of macro data and the Federal Reserve’s recent policy outcome. However, the President’s pro-crypto remarks have provided a timely psychological lift to a market that was showing early signs of exhaustion. BTC’s resilience around the $106,000–$108,000 band suggests traders are treating this as a potential accumulation zone. Institutional flows remain light, but open interest in futures markets has inched higher, a sign that dip buyers are quietly returning. From a broader perspective, I believe Trump’s statement could mark the start of a new era of political endorsement for the crypto sector, echoing the kind of sentiment that preceded major rallies in past cycles. Bitcoin Technical Analysis Bitcoin is just below one of its major resistance levels $110,000, with the buyers still holding the $106,000 level that has acted as a strong floor in recent sessions. Resistance levels: $110,000 – $111,500 Support levels: $106,000 – $103,500 RSI: 46 - neutral to slightly bullish ADX: 34 - indicating a moderate trend build-up Bitcoin Price on the daily chart 3rd Nov 2025 Source: TradingView The move down is anticipated, and if history is a guide, these “cooling dips” tend to attract institutional accumulation in the days that follow. Ethereum Price Today: Traders Eye $4,000 as Support Holds Firm Ethereum (ETH) is trading around $3,750, showing early signs of stabilization after a 5 percent weekly drop. The market’s attention is fixed on whether ETH can reclaim the $4,000 level, a psychological and technical barrier that has consistently capped short-term rallies. Crypto analyst Ted Pillows highlighted that ETH is now at its crucial support zone; if this level holds, Ethereum could rally towards $4,000 this week. The comment reflects the broader sentiment that Ethereum’s structure remains healthy despite volatility. Staking activity and layer-2 development continue to support long-term fundamentals. https://twitter.com/TedPillows/status/1985275843585941882 Ethereum Technical Analysis Resistance levels: $4,000 – $4,245 Support levels: $3,750 – $3,500 RSI: 44- bearish-leaning but recovering ADX: 37- buyers regaining control ETH/USD Price on the daily chart 3rd Nov 2025 Source: TradingView A sustained close above $4,000 would signal a potential breakout, while failure to defend $3,750 could push ETH toward $3,500, which would be a mechanical, not emotional reset reflecting what id describe as a “healthy reset” for ETH. Solana Price Today: Sharp Drop Tests $175 Zone Solana (SOL) has experienced one of the biggest losses among the largest tokens and has fallen by almost 10 percent in the past five days to trade at approximately $176.The correction comes after the one month long rally that propelled the token to the level of $200 and many traders are hoping to pocket profits before the next upsurge. Despite the pullback, analysts maintain a constructive view on Solana’s fundamentals, citing high network activity and developer retention. For short-term traders, however, the focus is squarely on whether the $170–$175 area can hold as a floor. Solana Technical Analysis Resistance levels: $185 – $190 Support levels: $170 – $165 RSI: 38 - oversold territory ADX: 33 - showing trend weakening but potential for rebound Solana price on the daily chart, 3rd Nov 2025 Source: TradingView If Solana holds the $170 zone, a relief bounce toward $185 appears likely; a breakdown, however, could expose $160 Crypto Market Outlook: How Politics and Policy Are Shaping Price Action Trump’s “America first in crypto” message gave the market its first taste of policy-level optimism, but we also warned that sentiment would need a reset before any sustainable rally. That’s exactly what this week will deliver, a sharp but necessary washout in leverage-heavy positions. In my view, this isn’t the end of the move, it’s the pause before the next one. Bitcoin’s structural support, Ethereum’s steady on-chain activity, and Solana’s healthy retracement all align with a setup for recovery once the noise fades. Will Trump’s crypto comments make a difference for Bitcoin and Ethereum price? Traders see it as a cue that U.S. regulation could soon favor crypto innovation. How might Trump’s “America first in crypto” message affect U.S. regulation of cryptocurrencies? It could push policymakers to adopt clearer, pro-growth frameworks that attract global investment. The tone marks a shift from restriction toward competitiveness. Does Trump’s crypto support signal a turning point for institutional flows into top digital assets? Likely yes, as more funds may revisit crypto exposure if U.S. leadership becomes policy-backed. Confidence from the top often sets the tone for Wall Street appetite.