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Bitcoin Falls Below $100,000: Bull Market Officially Ends, Market Enters 'Mild Bear' Phase
Bitcoin Falls Below $100,000: Bull Market Officially Ends, Market Enters 'Mild Bear' Phase

Bitcoin has fallen below the short-term holders’ cost basis ($112,500) to around $100,000, indicating weakened demand and the end of the bull market. The market is now in a mild bear phase, with long-term holders continuing to reduce their positions, institutional capital outflows, deleveraging in the derivatives market, and a defensive stance prevailing in the options market. Summary generated by Mars AI. This summary is produced by the Mars AI model and its accuracy and completeness are still being iteratively improved.

MarsBit·2025/11/06 16:10
Flash
  • 16:07
    Circle submits comments on the implementation of the GENIUS Act
    Jinse Finance reported that Circle has submitted a comment letter to the U.S. Treasury regarding the implementation of the GENIUS Act, emphasizing recommendations for a comprehensive regulatory framework for stablecoins to ensure consumer protection, market fairness, and global interoperability. Circle believes that rulemaking should reinforce Congressional intent, provide clear and robust rules for all issuers accessing the U.S. market, and offer American people transparent and easy-to-understand financial products and services. Circle proposed a series of policy principles, including protecting customer funds, achieving interoperability through mutual recognition, ensuring the same rules for the same activities, maintaining competitive balance domestically and internationally, setting clear consequences, and establishing "emergency" plans.
  • 16:07
    Robinhood considers adding BTC to its corporate treasury
    According to Jinse Finance, market sources report that Robinhood is considering adding bitcoin to its corporate treasury holdings.
  • 16:07
    The fund pools managed by Lista DAO on the platform have reached a 99% utilization rate by MEV Capital and Re7 Labs, triggering a forced liquidation.
    According to Jinse Finance, monitored by Lookonchain, the fund pool managed by MEV Capital and Re7 Labs on the Lista DAO platform has just reached a utilization rate of 99%, triggering a forced liquidation. If you have funds deposited in DeFi protocols, please be sure to pay attention to the risks. Currently, the fund utilization rate on multiple platforms has exceeded 90%.
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