Bitcoin rises back above $115,000
13.10.2025
The price of Bitcoin has once again surpassed $115,000, rebounding after a decline triggered by macroeconomic developments. According to CoinGecko, the cryptocurrency rose 3.2% over the past 24 hours, trading around $115,400 at the time of publication. Ethereum also showed strong growth – up 9%, to approximately $4,190.
Presto Research analyst Rick Maeda explained that the October 11 drop was caused not by internal crypto market factors but by geopolitical news. Specifically, China announced new export restrictions, while the U.S. considered imposing 100% tariffs on technology imports. These announcements fueled uncertainty, which intensified amid low weekend liquidity, resulting in massive forced liquidations worth billions of dollars.
According to CoinGlass, in just one day crypto exchanges liquidated more than 1.6 million positions worth about $19.1 billion. This marked one of the largest liquidation spikes in recent months, temporarily shaking investor confidence.
However, analysts are divided on the outlook for the traditionally bullish October – often referred to as “Uptober.” Vincent Liu, Investment Director at Kronos Research, believes risk appetite has returned and the bullish trend remains intact. CoinW’s Strategy Director Nassar Achkar shares this view, emphasizing the importance of upcoming events such as the U.S. inflation report, the Federal Reserve meeting, and inflows into spot Bitcoin ETFs.
Analysts generally agree that the technical picture remains stable and institutional demand for crypto assets continues to rise. This could support further price growth if the macroeconomic environment stays calm. That’s why it’s important to stay informed with Best-Obmen – to react promptly to changes and keep your assets secure.