Bitcoin Price Today: BTC Falls Below $110K
Bitcoin (BTC) slipped back under the $110,000 mark, sparking concerns among traders about a potential deeper correction. As of today, Bitcoin is trading near $109,500, down 2.2% in the last 24 hours.
The decline followed a brief rally earlier this week, when BTC surged to $112,600, but failed to sustain momentum and gave back gains. Over the weekend, Bitcoin had already tested lows around $107,000.
Altcoins and Crypto Stocks Also in Red
The weakness wasn’t limited to Bitcoin. Major altcoins like Ethereum (ETH), Solana (SOL), and Cardano (ADA) each dropped more than 3% in the last 24 hours.
Publicly listed crypto-related companies also suffered:
MicroStrategy (MSTR) fell 3.2%, extending its losses to 30% since July.
Japan’s MetaPlanet (3355) dropped 7%, now down nearly 60% from June highs.
KindlyMD (NAKA) lost another 9%, falling 75% since mid-August.
Ether-linked firms BitMine (BMNR) and SharpLink Gaming (SBET) fell between 8% and 9%.
How Low Can Bitcoin Go?
Analysts are increasingly cautious as Bitcoin enters its third week of retracement since hitting a record $123,640 in August. Historically, Bitcoin bull-market corrections average around 17% peak-to-trough.
Key levels to watch:
$108,900: The short-term holder realized price (STH RP), representing the average buying price of new investors.
$93,000 – $95,000: A dense supply cluster that could serve as a strong support floor if BTC breaks lower.
If BTC fails to hold above $108,900, analysts warn a sharper move toward $93K could follow before the market stabilizes.
Bitcoin Price Outlook for Q4 2025
While September has historically been a weak month for crypto markets, analysts remain cautiously optimistic about the fourth quarter. A correction now may pave the way for a stronger year-end rally.
Meanwhile, traditional safe-haven gold surged past $3,500 to record highs, attracting capital away from riskier assets like Bitcoin and altcoins.
