- November 5, 2025
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Galaxy cut its 2025 Bitcoin price forecast to $120,000 from $185,000, citing changing market conditions. US spot Solana ETFs extended their six-day inflow streak, while the White House defended President Trump’s pardon of former Binance CEO Changpeng Zhao.
Investment company Galaxy lowered its 2025 Bitcoin price forecast to $120,000 from $185,000, citing several headwinds and dampened price volatility due to passive investment flows into exchange-traded funds (ETFs) and financial institutions.
Factors such as whales dumping 400,000 Bitcoin onto the market in October, along with rotations into other investment narratives such as gold, AI and stablecoins, in addition to leveraged liquidations, have put a damper on BTC price, Alex Thorn, Galaxy’s head of research, said on Wednesday.
