Bitcoin Price Crash Mirrors 2023 Banking Fallout as Gold Price Hit New Highs

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October 17, 2025 · 12:26 PM

Bitcoin Price Crash Mirrors 2023 Banking Fallout as Gold Price Hit New Highs

Bitcoin's price fell below $105,000, reaching its lowest point since June, amid renewed concerns over U.S. regional banks reminiscent of the March 2023 banking crisis that previously impacted cryptocurrencies. Traders are monitoring the $100,000 mark as a crucial support level, with warnings of potential further declines if this level is breached. Meanwhile, gold prices have surged to new highs.

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