Bitcoin Plummets To $120,600: This Could Be The Next Support
October 8, 2025 · 10:00 AM
Bitcoin has experienced a significant drop, falling below $121,000 after reaching an all-time high of around $126,200. This represents a decline of over 4% in just 24 hours, with other cryptocurrencies like Ethereum and XRP also facing losses of 5% and 6%, respectively. On-chain analytics firm Glassnode indicates that the current price range has a thin supply of investor cost basis, suggesting potential accumulation if the price retests this level.
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