Bitcoin price dips below $113K — 10-year low exchange supply
Meat Memed
Updated at: 4 hours ago
{"content":"Bitcoin price dips below $113K — 10-year low exchange supply drop could fuel recovery
Bitcoin fell below $113,000 as traders retreated after the weekend sell-off triggered by tariff news. In the last week, Bitcoin has dropped roughly 10%, trading between $109,883 and $125,023. The cryptocurrency is now 9% below its Oct. 6 record high of $126,080.
Trading activity also slowed, with daily volume down 25% to about $69 billion, Data from CoinGlass shows derivatives volume rose slightly by 0.14% to $109.97 billion, while open interest fell 1.8% to $73.36 billion.
This mix of rising volume and falling open interest often means traders are closing leveraged positions, a healthy reset after a volatile week.
$BTC
{future}(BTCUSDT)
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