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Why is Bitcoin trading below $110,000? Everything that happened in crypto today

ETF outflows coincided with broader risk-asset weakness stemming from escalating US-China trade tensions over rare-earth export controls.

Bitcoin traded at $108,733.66 at press time, declining 2% intraday, driven by trade tensions and leverage unwind.
Waning demand also contributed to the correction. US-traded spot Bitcoin ETFs recorded approximately $104 million in net outflows on Oct… [1870 chars]

Source: CryptoSlate | Published: 2025-10-16T18:06:09Z

Credit: CryptoSlate

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