Asia Morning Briefing: Weak Sentiment Weighs on Crypto Markets in the Red
The post Asia Morning Briefing: Weak Sentiment Weighs on Crypto Markets in the Red appeared first on Coinpedia Fintech News
November 4, 2025 08:28:20 UTC
Bitcoin’s $54B Shakeout Is Just the Beginning, Not the CrashA $54 billion wipeout in 30 minutes might look like a crash, but analysts warn it’s only the beginning. This kind of move happens when liquidity thins and leverage peaks at the top of a cycle — the real pain comes later, when forced sellers, dry funding, and vanishing bids hit the market. Bitcoin hasn’t reached its first major support yet, and Ethereum still sits above its 200-week MA at $2.5K. Altcoins remain overpriced — this, experts say, is just the warning shot.
November 4, 2025 07:54:01 UTC
France Moves to Tax Crypto Wealth Over €2 MillionFrance has approved a new tax amendment targeting “unproductive wealth,” including crypto holdings over €2 million ($2.3 million). The law imposes a 1% annual tax on such assets, aiming to push investors toward “productive” investments. Critics argue the move is less about reform and more about government control, as it penalizes individuals for holding digital assets outside the traditional financial system. Many see it as an attempt to limit financial freedom and discourage crypto wealth accumulation.
