What factors led Bitcoin’s price to swing from about $124,000 to $104,000 in October 2025?
Why is this the correct answer?
This is correct because geopolitical events such as trade disputes can scare investors into selling, and many traders also booked gains after Bitcoin had climbed above $124,000. When selling pressure spikes, prices can fall rapidly, which explains the drop toward $104,000 in early October.
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