🪒 Bitcoin plunged below $105 000, while most altcoins hit new lows since October 11 — triggering a wave of long liquidations across exchanges.

On HTX, a whale’s BTC/USDT long position worth nearly $48 million was liquidated in a single order.

@DeCenterOrg

👻 The Fear & Greed Index has dropped to 21 — signaling extreme fear.

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📉 Bitcoin dropped below $100 000 for the first time in four months.

According to CryptoQuant, if the price fails to hold this level, it could fall further to $72 000. Since the $20 billion liquidation on October 10, market demand has weakened — spot buying is down, ETF outflows persist, and BTC trades at a discount on Coinbase, with the Bull Score plunging to 20/100, signaling a strongly bearish sentiment.

@DeCenterOrg

🇰🇿 Kazakhstan’s central bank is considering investing part of its gold and FX reserves, as well as National Fund assets, into cryptocurrency and is preparing to establish a state crypto reserve.

Crypto purchases may begin once the new financial policy is approved, and state-owned companies could be allowed to mine crypto and accept payments in digital assets.

@DeCenterOrg

🐹 Outflows from spot Bitcoin and Ethereum ETFs have continued for six consecutive days.

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🇪🇹 Ethiopia has become a new hotspot for Bitcoin miners, thanks to its record-low production cost — around $20 000 per BTC. With Bitcoin trading above $100 000, mining in the country has turned into an exceptionally profitable business.

By selling surplus hydroelectric power to miners at just $0.032 per kWh, Ethiopia has already earned roughly $220 million, with authorities pledging to reinvest these funds into expanding the national power grid.

As mining conditions tighten in the U.S. and China, foreign companies are rapidly moving operations to Ethiopia — where cheap renewable energy and government support make it one of the world’s most lucrative mining hubs.

@DeCenterOrg