Bitcoin’s Resilience: Miami Mayor’s 300% Gains Signal Long-Term Confidence

Despite recent market volatility that saw Bitcoin dip below $100,000, Miami Mayor Francis Suarez demonstrates remarkable confidence in cryptocurrency's long-term potential. His strategic decision to accept Bitcoin salary payments has yielded impressive returns, showcasing how calculated entry points and conviction can overcome short-term market fluctuations. The mayor's experience serves as a powerful case study for institutional and individual investors navigating the evolving digital asset landscape.

Miami Mayor Reports 300% Gain on Bitcoin Salary Despite Market Volatility

Miami Mayor Francis Suarez remains unfazed by Bitcoin's recent price fluctuations, revealing a 300% gain on the portion of his salary paid in BTC. His initial investment came when bitcoin traded near $30,000 in late 2021, peaking at nearly 400% during BTC's rally to $120,000 earlier this year.

Bitcoin's dip below $100,000 this week—driven by profit-taking, macroeconomic pressures, and ETF outflows—has not altered Suarez's long-term conviction. The cryptocurrency has retreated 18% from October's all-time highs, with traders now monitoring the $94,000 support level.

Suarez's stance underscores his dual role as a municipal leader promoting Miami as a crypto hub and a personal believer in Bitcoin's store-of-value proposition. "Short-term swings don't matter," he told Fox Business, framing his investment as a bet on blockchain's enduring potential.

Bitcoin Market Reacts Swiftly as Prices Dive Below Key Threshold

Bitcoin's value has plummeted by 18%, triggering a seismic shift in derivatives trading. Deribit reports record open interest in $80,000 and $90,000 put options as traders brace for further downside. The options market now reflects a $40 billion battleground, with November and December $110,000 calls facing off against surging demand for protective puts.

Macroeconomic headwinds and ETF outflows compound the pressure. The $1 billion in $80,000 put contracts represents more than hedging—it's a referendum on market confidence. This options activity creates a tension between short-term fear and longer-term positioning that will shape Bitcoin's price discovery mechanism in coming weeks.

Galaxy Revises Bitcoin 2025 Target to $120,000 Amid Cooling Bull Market

Galaxy Digital has slashed its Bitcoin price forecast for 2025 to $120,000, down from $185,000, citing shifting market dynamics and reduced volatility as institutional participation grows. The adjustment follows Bitcoin's 20% retreat from its all-time high above $126,000, with the asset briefly dipping below $100,000 for the first time in four months.

October's flash crash exacerbated the downturn, triggering a record $20 billion in liquidations within 24 hours. Whale activity compounded the pressure, with 400,000 BTC reportedly dumped into the market. Though Bitcoin has since rebounded to $103,744, economic uncertainty persists.

Alex Thorn, Galaxy's head of research, describes Bitcoin's current phase as a 'maturity era' characterized by institutional absorption and passive capital flows. The revised outlook reflects changing liquidity patterns and a more measured growth trajectory for the cryptocurrency.

Omid Malekan Highlights Overlooked Issues in Bitcoin Price Drop

Bitcoin's recent price decline has drawn global investor attention, with analysts probing beyond surface-level explanations. Omid Malekan, Columbia Business School adjunct professor and blockchain author, identifies an unconventional culprit: the hidden costs of digital-asset treasuries (DATs). These publicly listed crypto vehicles, he argues, create downward pressure through structural expenses—from corporate setup to legal compliance—that aren't accounted for in traditional market analysis.

While macroeconomic factors and exchange technicalities dominate mainstream narratives, Malekan's thesis reveals the market's plumbing issues. The operational overhead of institutional crypto products, often treated as secondary concerns, may be quietly distorting price action. This perspective reframes the sell-off as a symptom of infrastructure growing pains rather than pure speculative retreat.

Trump Aims to Position U.S. as a 'Bitcoin Superpower'

At the America Business Forum in Miami, former U.S. President Donald J. TRUMP announced a strategic pivot toward cryptocurrency adoption, declaring an end to the federal government's adversarial stance. "The war on crypto is over," Trump stated, positioning digital assets as a complement to traditional finance and a means to alleviate pressure on the dollar.

Trump criticized the previous administration's regulatory crackdowns, framing his approach as a national priority that aligns cryptocurrency policy with emerging technologies like artificial intelligence. The shift signals a potential acceleration in institutional crypto engagement, with Bitcoin ($103,678 cited in speech) at the forefront of this geopolitical and economic recalibration.

Metaplanet Allocates $100M to Expand Bitcoin Holdings as Corporate Adoption Grows

Metaplanet, a Tokyo-listed firm, has deployed $100 million from its credit facility to aggressively accumulate Bitcoin—using its existing 30,823 BTC ($3.5 billion) as collateral. The MOVE signals deepening institutional conviction in Bitcoin as a treasury asset, with the company aiming to hold 1% of the total supply by 2027.

Meanwhile, Swiss entity FUTURE—backed by prominent crypto figures—is pioneering Bitcoin banking solutions, reflecting a broader trend of traditional finance integrating digital assets. Bitcoin's price stability at $103,678 underscores its growing role in corporate balance sheets amid macroeconomic uncertainty.