Bitcoin Price Dumps to $107K After Trump’s Latest Remarks on Tariffs, Wars

Bitcoin’s minor rally on Sunday ended with another rejection that pushed the asset south hard to just over $107,000 minutes ￰2￱ from the POTUS’s most recent comments on several highly volatile topics, BTC OG wallets have deposited large amounts to centralized exchanges with the most likely plan to sell them. BTCUSD.) November 3, 2025 Separately, Trump weighed in on the escalating tensions in Nigeria and ￰3￱ administration claims that the former is killing Christians en masse, while the latter is sending prisoners and drugs to the US. Consequently, he warned that the US might send troops on the ground in the African country or order air ￰4￱ Venezuela’s case, he said Maduro’s days might be numbered, but doubted that there would be a full-on war between the two ￰5￱ OGs Dump Aside from the rising macro tension, another possible reason behind BTC’s nosedive on Monday morning is the recent behavior of a few large wallets, referred to as “Bitcoin OGs.” Lookonchain reported that a couple of such whales have deposited a total of over $1.8 billion worth of BTC to several exchanges in the past month, thus increasing the selling ￰6￱ OGs are dumping $BTC !

BitcoinOG(1011short) has deposited ~13K $BTC ($1.48B) to Kraken, Binance, Coinbase, and Hyperliquid since Oct ￰7￱ Gunden has deposited 3,265 $BTC ($364.5M) to Kraken since Oct 21. ￰0￱ ￰1￱ ￰8￱ — Lookonchain (@lookonchain) November 3, 2025 BTC stood close to $111,000 yesterday after a volatile week, but dropped hard on Monday, losing nearly four grand and bottoming (at least for now) at just over $107,000. Many altcoins were hit even worse, with ETH dumping to $3,700, BNB losing 5% of value, and DOGE slumping by more than 7%.