Bitcoin fell below $110,000 and hit $108,000 by noon as selling pressure intensified

Bitcoin plunged below $108,000 today, continuing a brutal week for crypto markets that refuse to find a ￰0￱ noon, the token had collapsed from $111,000 to under $109,000 as traders dumped positions amid relentless ￰1￱ followed the same path, slipping just above $3,900, while XRP fell to $2.36 even after Ripple announced a $1 billion deal to acquire GT Treasury, a treasury management firm meant to help push its blockchain infrastructure into corporate ￰2￱ watching the charts, Cryptopolitan doesn’t think the pressure is ￰3￱ miners have been unloading their holdings at a record ￰4￱ 51,000 Bitcoin, worth around $5.6 billion, moved from miner wallets to Binance since October ￰5￱ decline in daily transaction fees on Bitcoin’s network has slashed miner income, forcing many to ￰6￱ shortfalls follow the 2024 halving, which cut block rewards in half and raised the computing demand needed to stay ￰7￱ sell-off has left investors on edge, fearing that more unloading could extend the ￰8￱ glitch and BlackRock fund revamp deepen market unease The bad news didn’t start with Bitcoin ￰9￱ reported that Paxos, the issuer of PayPal’s PYUSD stablecoin, had accidentally minted $300 trillion worth of tokens during what it called a “technical error.” The company said the minting happened during an internal transfer, claiming it quickly spotted the mistake and burned the excess ￰10￱ stressed that there was no security breach and that customer funds were safe, but the absurd size of the error, more than double the world’s total GDP, became a viral talking point across the crypto ￰11￱ the same time, BlackRock made regulatory adjustments to its Select Treasury Liquidity Fund, turning it into a Genius Act–compliant product, which means it follows the Trump-signed stablecoin regulations in the United ￰12￱ new structure allows the fund to serve as a reserve asset for stablecoin issuers, with holdings strictly in cash and ￰13￱ on CNBC earlier this week, Larry Fink, BlackRock’s CEO, described tokenization as a continuing strategic priority, saying it could reshape how financial assets are ￰14￱ market, though, remains ￰15￱ $19 billion rout this week, paired with the flood of miner deposits, has pushed fear back into every ￰16￱ say miner sell-offs have often marked the final stages of previous market ￰17￱ for now, there’s no sign of ￰18￱ will be watching the screens and waiting to see just how much deeper the drop can ￰19￱ your project in front of crypto’s top minds?

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