Биткоин опустился ниже $110 000: инвесторы ожидают дальнейший спад Translation: Headline: Bitcoin Drops Below $110,000: Investors Anticipate Further Decline

The value of the first cryptocurrency has fallen below $110,000 for the first time in seven weeks.

As of this writing, Bitcoin is trading at $110,184 (down 1.8% in 24 hours), according to CoinGecko. This marks the lowest level since July 9.

The decline followed a brief increase on August 22, when Federal Reserve Chair Jerome Powell hinted at a possible easing of monetary policy in September.

«The correction is driven by profit-taking, technical resistance, and shifting interest rate expectations,» sold 24,000 BTC, triggering a wave of liquidations in derivatives markets.

«Key support levels are now at $105,000, the breakout zone from June, and $100,000—which serves as both a psychological barrier and a significant options strike,» noted Presto Research analyst Rick Maeda.

He added that a decisive drop below $100,000 could lead to forced deleveraging. Meanwhile, the potential for growth remains capped within a range of $118,000 to $120,000 until macroeconomic conditions clarify.

Ethereum also experienced a decrease of 5.4%, falling to $4,428. Other altcoins followed suit, with XRP losing 2% ($2.92), Solana dropping 7.2% ($189.12), and BNB down 3.1% ($846.18).

The daily liquidation volume exceeded $929 million.

«We must endure some tough liquidation days for the market to eventually continue growing,» stated CoinGecko co-founder Bobby Ong.

Peter Schiff, president of Euro Pacific Asset Management and a well-known cryptocurrency critic, forecasted a plunge in digital gold to $75,000, advising investors to «sell now and buy back at lower levels.»

According to Lucas, capital that previously flowed between Bitcoin and Ethereum is now shifting to less risky assets.

Maeda referenced data from CoinShares, noting that outflows from exchange-traded products over the past week amounted to $1.43 billion. He pointed out that altcoins were being sold off more quickly than digital gold, while inflows into stablecoins remained steady. This indicates a general decline in risk appetite across the sector, rather than a simple capital reallocation, the expert emphasized.

It is worth mentioning that from August 18 to 22, investors withdrew $1.17 billion from spot Bitcoin ETFs.