Bitcoin Updates Today: October Slump in Bitcoin Paves the Way for a November Recovery Amid Institutional Moves and Global Political Shifts
- Bitcoin's November historically averages 42.51% gains, with experts predicting a 2025 rebound after October's 3.69% drop. - Market shifts to spot trading and declining exchange balances signal accumulation, while Saylor and Kiyosaki forecast 2025 price doubling. - ETF outflows and macro risks persist, but reduced leverage and geopolitical easing (e.g., Trump-Xi meeting) support November optimism.
Historically, November has been one of the most profitable months for Bitcoin, and data indicates that this trend could return in 2025. Following a turbulent October that saw Bitcoin drop by 3.69%—its first monthly loss since 2018—seasonal cycles and expert predictions suggest a possible recovery ahead. Past data reveals that
The correction in October 2025 came amid a broader market downturn, sparked by Trump's tariff threats against China and $19 billion in crypto market liquidations, as reported by
Prominent industry voices are fueling optimism. MicroStrategy's Michael Saylor and Robert Kiyosaki, known as the "Bailout Billionaire," both forecast that Bitcoin will double in value by 2025. Saylor points to increasing institutional involvement, while Kiyosaki highlights the importance of emotional resilience during market swings, according to
Nonetheless, there are still challenges ahead. On October 30, Bitcoin ETFs experienced $488 million in withdrawals, led by BlackRock's IBIT, as investors took profits amid uncertainty, as
Geopolitical events are also influencing the market. Bitcoin climbed 1.6% to $111,390 after news of a planned meeting between Trump and Xi in South Korea, reviving hopes for easing U.S.-China tensions, according to
QMCO DEADLINE NOTICE: ROSEN, LEADING TRIAL ATTORNEYS, urges Quantum Corporation shareholders to seek legal representation before the critical November 3 deadline in the securities class action initially filed by the firm - QMCO, as stated in a
SVRA DEADLINE: ROSEN, TRUSTED INVESTOR COUNSEL, advises Savara Inc. investors with losses over $100,000 to obtain legal counsel before the key November 7 deadline in the securities class action - SVRA, according to
TROX DEADLINE: ROSEN, TOP RANKED GLOBAL COUNSEL, recommends Tronox Holdings plc investors secure legal counsel before the important November 3 deadline in the securities class action – TROX, as per a
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