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Reading: Latest Crypto News: Why Is Crypto Crashing Again? Bitcoin Price Holds $107K USD Support – Crypto Economy
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Latest Crypto News: Why Is Crypto Crashing Again? Bitcoin Price Holds $107K USD Support – Crypto Economy

Last updated: November 4, 2025 7:15 pm
Published: 6 months ago
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Global crypto markets are under pressure again as a sharp correction ripples through major digital assets. In today’s crypto news, Bitcoin has managed to defend its key 107K USD support level, giving investors some relief after a turbulent week.

The decline follows renewed profit-taking, uncertainty around interest rate policy and short-term liquidations. Amid this volatility, newer projects like Remittix (RTX), a DeFi platform priced at $0.1166 are drawing investor attention for their real-world payment use cases that appear more stable compared to speculative trading trends.

The Bitcoin price USD is at $107,715 with a 2.26% drop in 24 hours. Despite the retreat, Bitcoin’s market cap is strong at $2.15 trillion, while trading volume has jumped 43.99% to $47.25 billion, indicating active readjustment among traders.

According to analysts, extensive futures liquidation and continuous institutional investor profit-taking are believed to be the primary triggers for this short-term adjustment.

Recent macroeconomic data showing sustained inflation has also put a damper on risk assets, with both the S&P 500 and Nasdaq showing similar retracements.

Still, Bitcoin’s ability to maintain support near $107K is being seen as a sign of market resilience especially given the broader pressure across altcoins and DeFi projects.

While Bitcoin volatility dominates headlines, Remittix continues to stand out as one of the best DeFi projects of 2025. The Remittix project has raised $27.9 million in private funding, selling over 683.2 million tokens, and is building momentum through its PayFi app a cross-chain platform that enables direct crypto-to-fiat payments.

Remittix has also attained a major boost in credibility by becoming CertiK-verified and achieving the #1 ranking among pre-launch tokens. All this ranking points to the project’s commitment toward transparency, security and functionality-qualities increasingly important now as investors shift focus toward crypto with real utility.

The Wallet Beta Testing Program of the project is expanding further to include more iOS users, where early adopters will help hone its frictionless payments experience.

The Remittix team has also announced a $250,000 community giveaway, alongside a 50% token bonus using the code RTX50, designed to encourage wider participation as the project approaches its $30 million milestone.

Even though short-term volatility still remains an issue, strong fundamentals remain the driving force for long-term crypto growth. As Bitcoin stabilizes above its key support zone, investor sentiment is gradually shifting toward projects that solve real problems.

With its growing PayFi ecosystem and growing user base, RTX is positioned as one of the best crypto projects to invest in. For investors trying to navigate the turbulence, this is a rare mix of innovation, credibility and purpose in a market dominated by uncertainty.

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This news is powered by Crypto Economy Crypto Economy

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