Bitcoin experienced a severe drop to $102K on Binance following Trump's announcement of 100% tariffs on China. The UK's largest retail investment platform, as well as a $225 billion investment company, issued stark warnings against investing in Bitcoin, stating it has 'no intrinsic value'. Despite the downtrend, ARK maintains a bullish outlook for Q4, with Bitcoin ETFs holding 12.2% of the total supply. On the other side, Bitcoin derivatives signal caution in the face of strong BTC ETF inflows. Amidst the turmoil, the influential 'Bitcoin Jesus' pled guilty in his case. Advancements in artificial intelligence (AI) continue to play a significant role in the Bitcoin mining process. Robert Kiyosaki, famed financial expert, warns of a potential dollar collapse and encourages investing in Bitcoin, Gold, and Ethereum.
Trump's tariff decision led to a substantial market crash and a massive $19 billion crypto liquidation. Despite these adverse effects, certain experts remain assertive about potential recovery, touting the strength of blockchain.
Scams involving Bitcoin ATMs have seen an increase, leading to intensified scrutiny. As Bitcoin trends continue in October, it will be intriguing to observe the long-term effects on the crypto market.
Bitcoin News Analytics from Sun, 05 Oct 2025 12:54:16 GMT to Sun, 12 Oct 2025 01:30:52 GMT -
Rating -8
- Innovation -2
- Information 5
- Rumor -4
