Bitcoin Price Alert: BTC Dips as China Accuses US of $13 Billion Crypto Heist
Bitcoin takes a hit as geopolitical tensions flare—China points fingers at the US for a massive $13B BTC theft. Market reacts with volatility.
Why this matters: When superpowers clash over crypto, hodlers buckle up. The 'digital gold' narrative gets a stress test.
The cynical take: Wall Street probably shorted BTC before the announcement. Some things never change.
China Accuses US of Stealing $13 Billion in Bitcoin
China’s cybersecurity watchdog has accused the U.S. government of stealing around $13 billion in Bitcoin, calling it a state-backed hacking operation rather than a criminal act.
China is accusing the U.S. government of stealing more than 127,000 Bitcoins, in what WOULD likely be the largest crypto theft in history. pic.twitter.com/7jsDqMoBk8
— Isaac Stone Fish (@isaacstonefish) November 11, 2025
In a recent report, the Chinese National Computer Virus Emergency Response Center (CVERC) claimed the December 2020 breach targeted LuBian, a major Bitcoin mining pool that once handled about 6% of global hash power.
The attackers allegedly exploited a weak random number generator used to generate wallet keys, enabling them to predict private keys and empty multiple Bitcoin wallets.
Experts say such claims could stir market anxiety, as suspicions over government-held Bitcoin might fuel price swings amid rising U.S.-China tensions.
Bitcoin Price Prediction: $103,000 Support In Action
The recent revival in the BTC price has faded again, following the market’s dump on Tuesday. The rebound took Bitcoin above the $107,000 mark; however, bears have taken the price below $105,000 crucial support. Currently, $103,000 serves as a major support level and a downtrend threshold.
Bitcoin price chart. Image Courtesy: TradingView
BTC has attempted to break out from the $123,000 resistance multiple times over the past four months, but has faced rejection and dropped back close to the lower support level every time. Currently trading at $103,300, the Bitcoin price again looks weak. Analysts claim it may be a liquidity sweep, and it could bounce from the support to rise with more momentum than before.
Over the past few days, the crypto has been consolidating in the $100,000-$107,000 range, but it has slipped below. It is taking support at $103,000 but may fall further to $100,000 unless bullish momentum returns.
Bitcoin Hyper: Viral Presale Near $27 Million Milestone
As Bitcoin price prediction volatility persists, the new layer-2 blockchain, Bitcoin Hyper’s presale, has already raised more than $26.9 million, demonstrating the significant interest in this new Layer 2 project.
The project is working on removing bottlenecks from the Bitcoin network, making it faster, cheaper, and more efficient. Bitcoin has dominated the crypto market since its inception, but the slow transaction speed of just 5-7 TPS and high fees have kept it from being practical for everyday use. Bitcoin Hyper is solving precisely that.
The platform uses a Bitcoin bridge that reads and verifies data from the main Bitcoin network, then creates matching BTC on its Hyper L2 chain for instant, low-cost transactions. Built with Solana’s developer tools, it offers speed and scalability while using ZK proofs to safely connect back to Bitcoin.
This setup turns Hyper into a fast, secure platform for BTC payments, DeFi apps, and token marketplaces with simple Bitcoin withdrawals.
Why Bitcoin Hyper is the best crypto to buy today:
- Solving a real-world $2 trillion utility problem
- Strong investor interest, $26.9 million raised
- Massive 43% staking reward for ICO investors
- Audited by Coinsult and Spywolf, built with trust and transparency
- Utility first token powering real transaction volume
- Time-sensitive entry point before listings and parabolic growth – $0.013255 per token
Bitcoin Hyper stands out as a presale opportunity that offers significantly more leverage and serves as a perfect proxy play for Bitcoin. For those seeking the next big thing in the crypto market, Bitcoin Hyper combines utility, security, and momentum in ways that may outperform many established tokens in this cycle.
Buy Bitcoin Hyper Here
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