Yesterday, the bitcoin price briefly dipped below the $100,000 mark for the first time since June. Many analysts are wondering if this latest crypto bull market is over.

The bitcoin price has soared since the reelection of U.S. president Donald Trump last year, rising on a wave of enthusiasm for bitcoin and crypto, but its rally has stalled in recent months despite U.S. Treasury secretary Scott Bessent quietly sending the market a “signal” last week.

Solana ETFs gain $70M in inflows as Bitcoin and Ether funds lose over $320M, signaling rising investor interest beyond the top two cryptocurrencies.

Bitwise CIO Matt Hougan sees the crypto market nearing a bottom amid retail exhaustion, while Senator Cynthia Lummis urges U.S. banks to integrate digital assets into the financial system.

What is the biggest crypto news today? Metaplanet’s $100 million Bitcoin-backed loan marks a return of 2021-style leverage.

The crypto market may be approaching the final phase of a retail “flushout,” according to Bitwise Chief Investment Officer Matt Hougan. Speaking in a Nov. 4 interview on CNBC Crypto, Hougan described current conditions as “a tale of two markets.”