Bitcoin’s price drop is impacted by crypto treasury companies, causing prices to fall. Analysts cite trade tensions between the US and China as contributing factors. Bitcoin has fluctuated between $99,607.01 and $113,560 over the last seven days, down from its Oct. 6 all-time high of over $126,000.

Crypto treasury companies are acquiring tokens across top cryptocurrencies, sparking concerns of a market downturn. Some firms are generating yield through staking, while others plan to deploy holdings into crypto protocols. The trend of crypto treasuries has exploded in 2025, with 48 new instances of companies adding Bitcoin to their balance sheets, totaling 207 overall.

Read more at cointelegraph.com: Crypto Treasury Firms Aiding Market Downturn, Professor Says