Bitcoin Falls Below $103K | Electric Aviation IPO Raises $1 BILLION | Top Analyst Dumps Nvidia
Description
⚡ DYNAMIC MARKET BRIEFING - November 04, 2025
MAJOR MOVES! Bitcoin crashes below $103K, electric aviation startup Beta Technologies raises $1 BILLION above estimates, and top analyst switches from Nvidia to Broadcom. Plus: Pharma bidding war heats up!
📊 TODAY'S MARKET SNAPSHOT:
- S&P 500: 6,800 (+0.2%) ✅
- Dow Jones: 47,152 (+0.01%) ~
- NASDAQ: 23,537 (+0.3%) ✅
- Russell 2000: 2,446 (-0.1%) 📉
- Bitcoin: $102,738 (-3.58%) 💥📉
- Ethereum: $3,473 (-3.6%) 💥📉
🔥 BREAKING HEADLINES:✅ BITCOIN CRASH: Falls 3.6% to $102K, breaking key psychological support✅ ETHEREUM FOLLOWS: Down 3.6% to $3,473 as crypto volatility continues✅ BETA TECHNOLOGIES $1B IPO: Electric plane maker EXCEEDS estimates, adds shares (Amazon, GE backed)✅ JEFFERIES BOMB: Analyst switches top chip pick from NVIDIA to BROADCOM✅ PHARMA BIDDING WAR: Novo Nordisk bid "far superior" to Pfizer's for obesity drugmaker✅ PFIZER REVENUE MISS: COVID sales wane despite raised full-year outlook✅ METSERA WEIGHS IN: Pharmaceutical competition intensifies as Novo trails Eli Lilly
💔 CRYPTO CONTINUES BLEEDING:
The Numbers:
- Bitcoin: -3.58% to $102,738 (fell below $103K psychological support)
- Ethereum: -3.6% to $3,473 (matching Bitcoin's weakness)
- "Volatility wave we've come to expect" continuing
- "Caution and agility remain crucial" in digital assets
What's Happening:This is multi-day decline. Bitcoin was at $115K recently, now below $103K = 11%+ correction. Questions emerging:
- Is this minor correction or precursor to something deeper?
- Traditional indexes finding steady ground while crypto pulls back sharply
- Divergence sparking analyst debates about asset class correlation
Critical Levels:
- Bitcoin support at $100K (psychological floor)
- If breaks, could see $95K or lower
- Ethereum following = alt-coin pressure intensifying
- "Crypto roller coaster leaving investors anxious and dizzy"
United States
