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Yesterday — 3 November 2025Main stream

Bitcoin Tumbles from $111K to $107K: What Happened?

3 November 2025 at 17:00

Last updated on November 03, 2025

This Article Was First Published on The Bit Journal.

The Bitcoin price has gone up this weekend and surpassed $111,000, which has led to the whole crypto market getting excited about it. The data from the blockchain revealed that several large wallets were transferring thousands of BTC to exchanges and this made traders and analysts from all over the world pay attention to the matter.

These kinds of moves usually mean that the big holders, or whales, might get ready to cash out their investments, or profits. The price rise, combined with whale transaction activity, informed the experts, who subsequently voiced caution and said that market strength could dip soon if whales keep on selling.

Whales on the Move

Early Monday morning the Bitcoin price is around $110,678.55. This is the rate published by live market data. The rate has become the area where buyers and sellers are locked in a battle for control. The trading volume during the weekend was below the weekly average which usually leads to the magnification of price swings and the fueling of rapid corrections.

On-chain analyzers have also indicated that there is a significant increase in BTC being sent to major exchanges that could be interpreted as large investors moving coins for the purpose of selling. Historically, when whales send large amounts of Bitcoin to trading platforms, it often precedes short-term volatility.

Market watchers say that if these inflows persist into the week, the recent rally could lose momentum. However, if the selling pressure eases and liquidity returns, Bitcoin could hold its gains above key support levels.

Key Support and Resistance

Technical analysts consider the $110,000 mark as a decisive level and are watching it very closely, which they say will determine the short-term trend of Bitcoin.

Above the line, the Bitcoin price will be the main reason why analysts predict it will be the time when the gradual rise to $120,000 to $130,000 will be possible in the next few weeks. In case the price drops below $110,000, it might lead to the range of the correction being moved to $90,000-$100,000.

Bitcoin Price
Source: X (Formerly Twitter)

The data also indicates that the resistance in the short term is at $113,000 and the support is at $108,500. The above mentioned levels will probably move along with Bitcoin till mid-November as the traders will be basing their decisions on the on-chain signals as well as the global market situation.

Scenario Breakdown

Outlook Expected Range Key Triggers
Bullish $120,000–$130,000 Increased institutional buying, low sell volume
Neutral $105,000–$110,000 Range-bound consolidation, steady liquidity
Bearish $90,000–$100,000 Persistent exchange inflows, broken technical support

In every case, liquidity, mood in the market, and the presence of institutions were the main factors influencing Bitcoin’s future. The traders are looking very closely at the exchange-traded fund (ETF) activities, the money going in and out of exchanges, and the overall economic situation to find out where the major change will be next.

What to Watch Next

  • Exchange inflows: Bitcoin shifting to exchanges usually before significant sales.
  • Institutional flows: Contributions from companies or funds, indicating the market’s long-term trust.
  • Macroeconomic updates: Central bank decisions or global market stress could influence investor appetite.
  • Support strength: A strong holding of $110,000 would encourage the bulls, but a drop under that level might bring in new sellers.

Conclusion

The Bitcoin price is at a crucial point where it can go either way, to the side of optimism or to the side of caution. The current price of BTC is almost $110,678, which causes the traders to take a close look at the giant investors whether they would still sell or would come back to the process of accumulating.

Should the support prevail, then the Bitcoin price could take the next leap towards $120,000 and possibly even higher. If it fails, a correction toward $90,000 to $100,000 becomes more likely. For now, discipline, patience, and awareness of market signals remain essential as Bitcoin enters another pivotal week.

Glossary of Key Terms

  • Whales: Large investors whose trading activity can sway market trends.
  • Support level: A price range where demand typically stops further declines.
  • Exchange inflows: Bitcoin moving into exchanges, often before major selloffs.
  • Institutional flows: Investments from corporations or funds, reflecting long-term confidence in the market.

FAQs About Bitcoin Price

Q: Why is $110,000 a key level for Bitcoin?

It acts as both psychological and technical support, shaping near-term momentum.

Q: What could lift Bitcoin higher this month?

Lower whale activity, stronger ETF inflows, and increased institutional participation.

Q: What risks could pull prices lower?

High selling pressure, weaker liquidity, and negative macroeconomic factors.

Q: Is Bitcoin still expected to rise this year?

Analysts remain divided, though many expect moderate gains if support stays intact.

Read More: Bitcoin Tumbles from $111K to $107K: What Happened?">Bitcoin Tumbles from $111K to $107K: What Happened?

Bitcoin Tumbles from $111K to $107K: What Happened?
Before yesterdayMain stream

Binance Turns Crypto Into Cash on the Spot with New QR Payments

31 October 2025 at 21:00

Last updated on October 31, 2025

This Article Was First Published on The Bit Journal.

Binance QR payments have officially gone live in Argentina, giving verified users a new way to spend crypto on daily purchases. According to the source, customers can now scan a merchant’s interoperable QR code through the Binance Pay app, select their preferred cryptocurrency, and pay instantly.

The system automatically converts the crypto into Argentine pesos so merchants receive local currency directly. This development turns digital assets into real-world spending power.

Rollout and Features

The launch of Binance QR payments allows verified users in Argentina to make purchases with more than 100 supported cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).

The feature connects with the country’s interoperable QR network, making it compatible with many merchants already using digital payment systems. According to the platform’s FAQ, this functionality is only available to individual users in Argentina.

There are spending limits to maintain compliance and stability. Each transaction can reach up to 1,500 USDT, while the total monthly cap is 5,000 USDT. Merchants do not need to manage wallets or worry about crypto volatility because all conversions to Argentine pesos are handled automatically by regulated local partners.

Users benefit from zero transaction fees and near-instant processing times. For a typical crypto holder, this means buying a coffee or clothing item can be as easy as sending a text message.

Why Binance QR Payments Matter

Binance QR Payments are essential for the crypto community as they connect trading and daily use. Argentina suffers from constant inflation and decreasing currency value, which has made crypto a great option for keeping one’s wealth. But with this project, the whole digital asset world is practically transformed into a convenient way to use that value in everyday life.

Merchants gain too. They receive pesos immediately without needing to understand blockchain or track crypto price swings. The system simplifies the process, removes friction, and helps small businesses tap into new customer bases who prefer digital currency.

Market analysts suggest this rollout could mark a new chapter for crypto adoption across Latin America. It highlights how digital assets can solve real-world problems rather than remain speculative instruments.

How It Works

  1. Open Binance Pay in the Binance app.
  2. Scan the merchant’s QR code.
  3. Choose the crypto you want to spend.
  4. Confirm payment and wait for instant conversion to pesos.
  5. The merchant receives funds in Argentine pesos through a regulated payment partner.

This streamlined process makes Binance QR payments faster and more practical than traditional banking systems, especially in economies with high transaction fees and currency instability.

Key Points to Consider

The service currently operates only for verified users based in Argentina. Asset volatility still exists before conversion, but once the transaction occurs, the merchant is shielded from crypto price movements. Regulatory compliance and merchant adoption will determine how quickly this feature scales beyond Argentina.

Conclusion

With Binance QR payments, crypto is taking its first big step into Argentina’s mainstream payment scene. It turns digital coins into spendable money and shows how blockchain technology can fit into everyday life.

For crypto enthusiasts, this marks the start of a more usable, practical ecosystem where digital assets can be moved from wallets into real-world value.

Glossary of Key Terms

  • QR Code: A scannable barcode used for instant transactions.
  • Cryptocurrency: A digital asset that uses encryption to secure transactions.
  • Stablecoin: A crypto token pegged to a stable currency like the US dollar.
  • Conversion Rate: The rate used to exchange crypto for fiat currency.
  • Interoperable QR Network: A payment system that allows cross-platform QR scanning.

FAQs About Binance QR Payments

Q1: Are Binance QR payments free to use?

Yes, users pay no extra transaction fees in Argentina.

Q2: Which cryptocurrencies can be used?

More than 100 digital assets, including BTC, ETH, and USDT, are supported.

Q3: What are the transaction limits?

Each payment can reach 1,500 USDT, with a 5,000 USDT monthly limit.

Q4: Do merchants receive crypto or pesos?

Merchants receive Argentine pesos through a regulated payment partner.

Q5: Is this service available outside Argentina?

No, it is currently limited to verified Argentine users.

Read More: Binance Turns Crypto Into Cash on the Spot with New QR Payments">Binance Turns Crypto Into Cash on the Spot with New QR Payments

Crypto Meets Reality: Binance QR Payments Roll Out in Argentina
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