{"id":48201,"date":"2025-10-14T16:28:39","date_gmt":"2025-10-14T21:28:39","guid":{"rendered":"https:\/\/bitcoinmagazine.com\/?p=48201"},"modified":"2025-10-14T16:29:05","modified_gmt":"2025-10-14T21:29:05","slug":"bitcoin-price-settles-at-113000","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-settles-at-113000","title":{"rendered":"Bitcoin Price Settles at $113,000 a Week After Hitting All-Time Highs"},"content":{"rendered":"
<\/div>\n

Bitcoin price is holding near $113,000 today, about a week after reaching a new all-time high above $126,000, as the market stabilizes from one of its most violent corrections in years. <\/p>\n\n\n\n

The bitcoin price to record levels last week was fueled by renewed institutional demand, falling real yields, and growing adoption<\/a> of the \u201cdebasement trade\u201d \u2014 investors seeking protection against monetary expansion.<\/p>\n\n\n\n

The recovery comes after a bruising weekend<\/a> that saw over $19 billion in leveraged positions wiped out and more than 1.6 million traders forced to liquidate positions as cascading margin calls swept across exchanges.<\/p>\n\n\n\n

Bitcoin slipped from 24-hour highs near $116,000 to around $110,000 overnight<\/a>, as large on-chain movements from both the U.S. government and BlackRock fueled speculation about potential institutional repositioning.<\/p>\n\n\n\n

At the time of writing, bitcoin is trading at $113,055.<\/p>\n\n\n\n

According to blockchain analytics, the U.S. government transferred 667.6 BTC earlier today \u2014 worth roughly $74.8 million \u2014 to a new wallet early Tuesday morning. <\/p>\n\n\n\n

Also earlier today, the U.S. government announced a seizure<\/a> of 127,271 BTC, worth roughly $14 billion, from Chinese \u00e9migr\u00e9 Chen Zhi and his Cambodia-based Prince Group criminal network. The accused ran a global \u201cpig butchering\u201d crypto scam and laundered billions through shell companies, real estate, and mining operations. <\/p>\n\n\n\n

Chen faces charges of wire fraud and money laundering, while U.S. and U.K. authorities imposed coordinated sanctions on 146 entities and individuals linked to the operation. <\/p>\n\n\n\n

Bitcoin\u2019s recent turbulence<\/strong><\/h2>\n\n\n\n

The turbulence follows last week\u2019s massive deleveraging event, the largest in crypto history. Analysts noted<\/a> that the $19 billion in liquidations reflected \u201ca clearing of speculative excess\u201d rather than broad-based selling. Funding rates swung sharply negative \u2014 the most bearish since late 2023 \u2014 suggesting an overextension of leveraged bets.<\/p>\n\n\n\n

On-chain data supports that interpretation. Long-term holders have remained steady, while metrics such as Coin Days Destroyed and Spent Output Profit Ratio show that most selling came from new entrants capitulating at a loss. <\/p>\n\n\n\n

Despite the volatility, bitcoin\u2019s fundamentals remain strong<\/a>. Hash rate, transaction throughput, and active addresses all continue to trend upward, underscoring resilient network health.<\/p>\n\n\n\n

Adding to the pressure, renewed U.S.\u2013China trade tensions have weighed on risk assets<\/a>. Beijing\u2019s restrictions on rare-earth exports prompted President Donald Trump to threaten a 100% tariff on Chinese goods, driving stocks \u2014 and bitcoin \u2014 lower.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin price is settling near $113,000 today, as the market stabilizes from one of its most violent corrections in years.\u00a0<\/p>\n","protected":false},"author":3817,"featured_media":48202,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[409,76,132,345,2517],"class_list":{"0":"post-48201","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-all-time-high","9":"tag-bitcoin","10":"tag-bitcoin-price","11":"tag-price","12":"tag-price-discovery"},"author_data":{"id":3817,"name":"Micah Zimmerman","nicename":"micahzimmerman","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/11\/Micah_Zimmerman_Author_Image.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/10\/Bitcoin-Price-Settles-at-113000-a-Week-After-Hitting-All-Time-Highs.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/48201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/3817"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=48201"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/48201\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/48202"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=48201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=48201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=48201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}