Bitcoin falls below $104,000 as investors book profits. Can the crypto recover its losses in short-term?

Global cryptocurrency market’s benchmark digital asset, Bitcoin, prices dropped below $104,000 on Tuesday, 4 November 2025, due to the pressures in the macroeconomic environment and investors booking their profits to secure their crypto market gains.

“The recent drop in Bitcoin is largely a product of macro pressures and profit-taking. With U.S. rate-cut expectations pushed further out, cryptos, specifically Bitcoin, have faced renewed selling,” said Sumit Gupta, Co-founder of CoinDCX on Tuesday.