{"id":31801,"date":"2025-10-23T13:26:13","date_gmt":"2025-10-23T13:26:13","guid":{"rendered":"https:\/\/metaverseplanet.net\/blog\/?p=31801"},"modified":"2025-12-29T11:43:55","modified_gmt":"2025-12-29T11:43:55","slug":"bitcoin-exceeds-110000-markets-breathe-a-sigh-of-relief","status":"publish","type":"post","link":"https:\/\/metaverseplanet.net\/blog\/bitcoin-exceeds-110000-markets-breathe-a-sigh-of-relief\/","title":{"rendered":"Bitcoin Exceeds $110,000, Markets Breathe a Sigh of Relief"},"content":{"rendered":"\n<p>After recent sharp sell-offs, the <strong><em><a href=\"Source: https:\/\/metaverseplanet.net\/cryptocurrencies\/\">cryptocurrency markets<\/a><\/em><\/strong> have begun showing signs of <strong>recovery<\/strong> once again. <strong>Investor risk appetite<\/strong> has been volatile, swayed by increasing trade tensions between the <strong>US<\/strong> and <strong>China<\/strong> and the Trump administration&#8217;s plans for new export restrictions. <strong><em><a href=\"https:\/\/metaverseplanet.net\/bitcoin\/\">Bitcoin<\/a><\/em><\/strong> tested the <strong>$110,000<\/strong> level and has turned its direction back upwards.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>SLIGHT RECOVERY AFTER SHARP CORRECTION IN CRYPTO MARKET<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"788\" height=\"443\" src=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/03\/Bitcoin-BTC-Hits-New-Record-High-Surpasses-71K-Breaking-Records-for-3rd-Time-2.jpeg\" alt=\"\" class=\"wp-image-14719\" srcset=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/03\/Bitcoin-BTC-Hits-New-Record-High-Surpasses-71K-Breaking-Records-for-3rd-Time-2.jpeg 788w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/03\/Bitcoin-BTC-Hits-New-Record-High-Surpasses-71K-Breaking-Records-for-3rd-Time-2-300x169.jpeg 300w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/03\/Bitcoin-BTC-Hits-New-Record-High-Surpasses-71K-Breaking-Records-for-3rd-Time-2-768x432.jpeg 768w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/03\/Bitcoin-BTC-Hits-New-Record-High-Surpasses-71K-Breaking-Records-for-3rd-Time-2-390x220.jpeg 390w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/03\/Bitcoin-BTC-Hits-New-Record-High-Surpasses-71K-Breaking-Records-for-3rd-Time-2-150x84.jpeg 150w\" sizes=\"(max-width: 788px) 100vw, 788px\" \/><\/figure>\n\n\n\n<p><strong>Bitcoin<\/strong>, which had dropped to <strong>$103,659<\/strong> last week, is attempting to regain strength with a gradual increase since the start of the week. As of today, <strong>Bitcoin<\/strong> rose by <strong>2.4%<\/strong> to <strong>$110,294<\/strong> and is currently trading around <strong>$109,430<\/strong>. A similar <strong>recovery trend<\/strong> is evident in <strong><em><a href=\"https:\/\/metaverseplanet.net\/ethereum\/\">Ethereum<\/a><\/em><\/strong>, with the <strong>ETH<\/strong> price increasing by <strong>2.76%<\/strong> to reach <strong>$3,384.90<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>TRUMP&#8217;S STATEMENTS AND US-CHINA TENSION AFFECT MARKETS<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/03\/The-Future-of-Bitcoin-Predictions-and-the-300k-Milestone-1-1024x576.jpeg\" alt=\"\" class=\"wp-image-14727\" srcset=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/03\/The-Future-of-Bitcoin-Predictions-and-the-300k-Milestone-1-1024x576.jpeg 1024w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/03\/The-Future-of-Bitcoin-Predictions-and-the-300k-Milestone-1-300x169.jpeg 300w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/03\/The-Future-of-Bitcoin-Predictions-and-the-300k-Milestone-1-768x432.jpeg 768w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/03\/The-Future-of-Bitcoin-Predictions-and-the-300k-Milestone-1-1536x864.jpeg 1536w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/03\/The-Future-of-Bitcoin-Predictions-and-the-300k-Milestone-1-2048x1152.jpeg 2048w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/03\/The-Future-of-Bitcoin-Predictions-and-the-300k-Milestone-1-390x220.jpeg 390w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/03\/The-Future-of-Bitcoin-Predictions-and-the-300k-Milestone-1-150x84.jpeg 150w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/03\/The-Future-of-Bitcoin-Predictions-and-the-300k-Milestone-1-scaled.jpeg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Claims that the <strong>Trump administration<\/strong> is considering new restrictions on the export of <strong>US-software-based products<\/strong> to <strong>China<\/strong> weakened global <strong>risk perception<\/strong>. Conversely, <strong>Trump\u2019s<\/strong> message that &#8220;an agreement on everything is possible&#8221; before his meeting with <strong>Chinese President Xi Jinping<\/strong> in <strong>South Korea<\/strong> created a short-term <strong>relief<\/strong> in the markets. <strong>Cryptocurrency investors<\/strong> are closely monitoring the impact of these developments on <strong>global liquidity<\/strong> and <strong>capital flows<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>BITCOIN&#8217;S TECHNICAL OUTLOOK AND MARKET EXPECTATION<\/strong><\/h2>\n\n\n\n<p>According to analysts, the <strong>$108,000<\/strong> level forms a critical <strong>support area<\/strong> for <strong>Bitcoin<\/strong> in the short term. Should the price sustain above this level, the movement above <strong>$110,000<\/strong> could extend to the <strong>$115,000<\/strong> range. On the other hand, the weakening of <strong>global risk appetite<\/strong> may limit the short-term rallies of <strong>crypto assets<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">You Might Also Like;<\/h3>\n\n\n<ul class=\"wp-block-latest-posts__list wp-block-latest-posts\"><li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/metaverseplanet.net\/blog\/the-dark-side-of-nanotechnology\/\">The Dark Side of Nanotechnology: Could Microscopic Swarms Erase Billions?<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/metaverseplanet.net\/blog\/the-illusion-of-digital-immortality\/\">The Illusion of Digital Immortality: Are You Really Uploading Your Mind?<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/metaverseplanet.net\/blog\/artemis-2s-deep-space-eclipse\/\">The View That Changes Everything: Artemis 2\u2019s Deep Space Eclipse<\/a><\/li>\n<\/ul>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After recent sharp sell-offs, the cryptocurrency markets have begun showing signs of recovery once again. Investor risk appetite has been volatile, swayed by increasing trade tensions between the US and China and the Trump administration&#8217;s plans for new export restrictions. Bitcoin tested the $110,000 level and has turned its direction back upwards. SLIGHT RECOVERY AFTER &hellip;<\/p>\n","protected":false},"author":1,"featured_media":14726,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAown96uCw:productID":"","footnotes":""},"categories":[309],"tags":[70,317],"class_list":["post-31801","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-web3new","tag-bitcoin-news-and-content","tag-crypto-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/31801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/comments?post=31801"}],"version-history":[{"count":0,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/31801\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media\/14726"}],"wp:attachment":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media?parent=31801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/categories?post=31801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/tags?post=31801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}