The post Bitcoin Black Friday: Tether CEO Reacts to BTC’s Surprising Crash Below $100,000 appeared com. Bitcoin fell below $95,000 for the first time in about six months as a wave of risk aversion swept across markets, with investors pulling nearly $900 million from exchange traded funds. Bitcoin fell to a low of $94,455 on Friday, extending its drop from the Nov. 11 high of $107,482 into the fourth day. With the current sell-off, Bitcoin is on the verge of wiping out its gains for the year, dropping as much as 7% in the last 24 hours. Bitcoin traded at a record high of $126,251 in early October and ended the past year, 2024, at $93,714. “Bitcoin black friday,” Tether CEO Paolo Ardoino posted in a tweet in apparent reaction to Bitcoin’s surprising price drop. The sell-off across the crypto market has prompted more than $1. 38 billion in liquidations, about half of which occurred on Bitcoin trading pairs, according to CoinGlass. Bitcoin accounted for $676 million out of this total figure; the largest single wipeout on the market was a $44 million BTC long on HTX. Crypto market under strain The crypto market remains under strain after $19 billion in liquidations on Oct. 10, which in turn erased over $1 trillion from the total market value of all cryptocurrencies. According to CoinGlass data, the recent liquidation event impacted mostly longs, which accounted for $1. 21 billion, while shorts came in at $157. 36 million. A total of 278, 152 traders were affected in the last market downturn. Economic data from China and fading hopes for a Federal Reserve rate cut contributed to the downturn on the crypto and equity markets. Meanwhile, Tether’s dominance rate has reached its highest level since April. This remains significant as, oftentimes, a surge in USDT dominance has been highlighted as a key feature of Bitcoin bear markets. According to CryptoQuant CEO Ki Young Ju,.
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The post Brandt Warns Bitcoin Could Dip Below Strategy’s Average Buy Price as MSTR’s mNAV Falls appeared com. Peter Brandt has raised the possibility that the Bitcoin price could drop below Strategy’s average purchase price. This comes amid the BTC crash below $100,000 while MSTR’s mNAV has also fallen below the value of the company’s BTC holdings. Brandt Predicts Bitcoin Could Drop To Below $50,000 The veteran trader stated in an X post that the downside target for BTC could be sub $50,000 if the recent violation of the parabolic advance is similar to previous events. This came as he questioned what price Michael Saylor’s Strategy could fall underwater with their BTC holdings, adding that the flagship crypto could test Saylor “severely.” Question: At what price is Michael Saylor underwater? Bitcoin could test him severely. If recent violation of the parabolic advance is similar to previous events the downside target could be sub $50s. This is NOT a prediction you pesty trolls pic. twitter. com/oCvgZQVGY4 Peter Brandt (@PeterLBrandt) November 13, 2025 Notably, a Bitcoin drop below $50,000 would put Strategy’s position underwater as the company’s current average purchase price for its BTC holdings is $74,079. Strategy just announced another purchase of 487 BTC for $49. 9 million, despite the market dip. Brandt’s prediction comes amid the BTC price crash below $100,000, with the flagship crypto currently trading at around $95,000. This has raised concerns that the market may be in a full-blown bear market. Thanks to the Bitcoin crash, Strategy’s stock has fallen below $200 and now has a market cap of $60 billion. As a result, MSTR’s mNAV is now below 1, with its market cap below the value of its BTC holdings, which is worth $61 billion at the current market price. The stock is also.
The post AAVE: Will the $50mln buyback plan repeat the 50% price surge? appeared com. Key Takeaways Why has Aave made token buyback official? The team said that the trial initiative was a “strong success” in improving AAVE value accrual. Will it lift the token above $200 again? Yes, under a positive, broader market sentiment, the deflation plan could boost AAVE in the long run. DeFi lending giant Aave [AAVE], has unanimously approved the creation of a $50 million per year buyback program. The move followed what the project called a “strong success” after a pilot test initiated in May, designed to improve the tokenomics of the AAVE token. According to the plan, the team would eye $250K-$1. 75 million in weekly AAVE purchases, based on protocol revenue and other factors. That being said, AMBCrypto evaluated the pilot test to gauge the potential impact of the latest update. AAVE buybacks and potential impact Since May, the initiative has bought over 94K AAVE tokens and spent over $22 million in the process. The team added 20. 1K AAVE in May, marking the largest monthly purchase during the trial program. From July to October, the team acquired about 10K AAVE on a monthly average. The deflation move and broader recovery lifted AAVE to $385 by August. However, Q4 headwinds dragged AAVE below $200 despite the ongoing buyback. Beyond deflation and market sentiment, AAVE’s value also has a strong positive correlation with Ethereum [ETH]. However, during pullbacks, AAVE also dumped harder. As the barometer of the broader DeFi ecosystem, ETH’s momentum also trickles down to the sector’s.