Bitcoin News Today: U.S.-China Bitcoin Dispute Threatens Market Stability as Price Volatility Rises

Bitcoin's Rally in Danger – Expert Sees Massive Price Crash Coming

Bitcoin's price has surged above $106,000, fueled by aggressive corporate purchases and renewed ETF inflows, but experts warn of a potential collapse as geopolitical tensions and regulatory uncertainties mount. Michael Saylor's Strategy has added $50 million in Bitcoin to its holdings, pushing its total stash to 641,692 BTC valued at $47.54 billion, TradingView report. The firm's latest acquisition, made at an average price of $102,557, marks its largest purchase since late September and underscores institutional confidence in Bitcoin as a corporate treasury asset, Bitcoin Magazine report.

Meanwhile, Ripple's valuation has skyrocketed to $40 billion, driven by a $500 million funding round and strategic acquisitions, including GTreasury, as it seeks to bridge crypto and traditional finance, TradingView report. However, Ripple CEO Brad Garlinghouse cautioned that regulatory ambiguity remains a significant hurdle for institutional adoption, TradingView report.

The market's momentum has been further complicated by a geopolitical standoff between the U.S. and China over 127,000 Bitcoin (worth $13.3 billion) allegedly stolen from China's LuBian mining pool in 2020. The U.S. Justice Department claims the funds were lawfully seized as part of a fraud investigation tied to Cambodia's Huione Group, while Beijing accuses Washington of a "state-level cyber theft," Economic Times report. The dispute has frozen 0.65% of Bitcoin's total supply, raising concerns about liquidity and price volatility, Economic Times report.

Bitcoin ETFs have also seen mixed signals. While Monday's $1.15 million inflow into U.S.-listed spot BTC ETFs marked a rebound after a week of $1.22 billion in outflows, institutional demand remains cautious. BlackRock's iShares Bitcoin Trust (IBIT) and Fidelity's FBTC dominate the ETF landscape, with IBIT holding $80.58 billion in net assets as of November 6, Yahoo Finance report. However, a recent $598.88 million outflow from IBIT on November 6 highlighted lingering uncertainty, Seeking Alpha report.

Trump-linked entities have further complicated the narrative. Trump Media and Technology Group now holds over 11,500 BTC, valued at $1.3 billion, despite the company's operating losses, TradingView report. Meanwhile, President Trump's announcement of $2,000 tariff dividends to Americans triggered a crypto market surge, with Bitcoin rising 2% to $103,778 and the total crypto market cap hitting $3.5 trillion, Yahoo Finance report.

Technical indicators paint a mixed picture. Bitcoin has stabilized near $100,000, with Glassnode analysts noting early signs of a local bottom forming, FXStreet report. However, a decisive close above $106,500 is needed to confirm a sustained recovery, FXStreet report. On the flip side, the China-U.S. dispute and regulatory headwinds could reignite fear and uncertainty, triggering short-term volatility.

Solana (SOL) has outperformed rivals, with decentralized exchange (DEX) volumes surpassing $5 billion as investors rotate capital into DeFi protocols, Yahoo Finance report. The token's 5% gain on November 9 contrasted with Bitcoin's modest 0.3% rise, signaling shifting market preferences.