Bitcoin Magazine Bitcoin Price Falls to $110,000 as Bitcoin Corporate Adoption Hits Record Highs
Bitcoin is holding steady in the $110,000s today, a little over a week after surging to a new all-time high above $126,000.
Bitcoin price slipped from 24-hour highs near $113,600 to the low $110,000s today. This price action follows a rough weekend that saw over $19 billion in leveraged positions liquidated, forcing more than 1.6 million traders out of their positions as cascading margin calls swept across exchanges.
The bitcoin price fell to the low $100,000s on Friday, October 10, as U.S. and China trade tensions rattled global markets. President Donald Trump announced new 100% tariffs on Chinese goods after Beijing unveiled sweeping export controls set to begin Nov. 1.
At the time of wri