The post Odds of BTC Hitting $130K This Month Drop to Nearly 0% appeared on BitcoinEthereumNews.com. Why did ‘Uptober’ flop? Pessimistic 2025 predictions  This month was supposed to be a massive breakthrough for the jaded Bitcoin bulls.  However, “Uptober” turned into “Floptober,” and the leading cryptocurrency is now on track to score its first October in the red since 2018.  The cryptocurrency reached an intraday low of $110,020 earlier this Wednesday, CoinGecko data shows.  Crypto Market Prediction: XRP to Avoid Bearish Crash? Shiba Inu (SHIB) Big Price Battle in Two Days, Ethereum (ETH) Tumbles Below $4,000 Morning Crypto Report: Elon Musk’s SpaceX Resumes Strange Bitcoin Activity, XRP Ticker Debuts on Nasdaq, US-China Talks Trigger $824,470,000 Crypto Liquidations XRP ETF Flows Will Exceed What People Are Expecting, Analyst Predicts XRP-Based Loans to Launch in December, Ethereum to $5,000, Western Union to Introduce Solana-Based Stablecoin — Crypto News Digest According to Polymarket bettors, the odds of the leading cryptocurrency surpassing $130,000 this month currently stand at 0%.  There is also a 3% chance that Bitcoin will plunge below $100,000 this month.  Why did ‘Uptober’ flop? The cryptocurrency started the month on a high note, surging to a new record high.  However, things quickly turned south for the bulls due to an escalation in trade tensions between the US and China.  The cryptocurrency market experienced its biggest liquidation event ever, with $19 billion worth of longs and shorts being wiped out after the US announced 100% tariffs on the second-largest economy.  Bitcoin’s plunge undercut the safe-haven narrative, and the cryptocurrency continued to underperform gold.  Even though the trade tensions between the two superpowers have now diffused, Bitcoin has struggled to recover.  Pessimistic 2025 predictions  Will the bulls be back in the driver’s seat this year? Polymarket bettors do not think so.  In fact, only 46% of them think that Bitcoin will top $130,000 during the remaining two months.  In… The post Odds of BTC Hitting $130K This Month Drop to Nearly 0% appeared on BitcoinEthereumNews.com. Why did ‘Uptober’ flop? Pessimistic 2025 predictions  This month was supposed to be a massive breakthrough for the jaded Bitcoin bulls.  However, “Uptober” turned into “Floptober,” and the leading cryptocurrency is now on track to score its first October in the red since 2018.  The cryptocurrency reached an intraday low of $110,020 earlier this Wednesday, CoinGecko data shows.  Crypto Market Prediction: XRP to Avoid Bearish Crash? Shiba Inu (SHIB) Big Price Battle in Two Days, Ethereum (ETH) Tumbles Below $4,000 Morning Crypto Report: Elon Musk’s SpaceX Resumes Strange Bitcoin Activity, XRP Ticker Debuts on Nasdaq, US-China Talks Trigger $824,470,000 Crypto Liquidations XRP ETF Flows Will Exceed What People Are Expecting, Analyst Predicts XRP-Based Loans to Launch in December, Ethereum to $5,000, Western Union to Introduce Solana-Based Stablecoin — Crypto News Digest According to Polymarket bettors, the odds of the leading cryptocurrency surpassing $130,000 this month currently stand at 0%.  There is also a 3% chance that Bitcoin will plunge below $100,000 this month.  Why did ‘Uptober’ flop? The cryptocurrency started the month on a high note, surging to a new record high.  However, things quickly turned south for the bulls due to an escalation in trade tensions between the US and China.  The cryptocurrency market experienced its biggest liquidation event ever, with $19 billion worth of longs and shorts being wiped out after the US announced 100% tariffs on the second-largest economy.  Bitcoin’s plunge undercut the safe-haven narrative, and the cryptocurrency continued to underperform gold.  Even though the trade tensions between the two superpowers have now diffused, Bitcoin has struggled to recover.  Pessimistic 2025 predictions  Will the bulls be back in the driver’s seat this year? Polymarket bettors do not think so.  In fact, only 46% of them think that Bitcoin will top $130,000 during the remaining two months.  In…