Bitcoin miners currently receive 3.125 BTC per block, a 93.75% reduction from the original 50 BTC awarded in 2012, yet earn more in dollar terms than ever before. Historical data shows each halving epoch has concluded with block rewards worth more in fiat currency despite miners receiving half the Bitcoin midway through. Epoch 4 (2020-2024) saw block reward values increase 637% from $54,000 to $398,000, according to data from Unchained.

Nordea, the Nordic region's largest bank, will offer customers access to a Bitcoin-linked exchange-traded product starting December 2025. The move marks a significant shift for the institution, which banned employees from holding Bitcoin in 2018 and previously avoided digital assets due to regulatory concerns. The product, developed with CoinShares, will track Bitcoin's price without requiring direct cryptocurrency ownership.

Bitcoin is trading near $109,200 with approximately $3 billion in short positions concentrated around $112,600, according to CoinGlass data. The cryptocurrency faces resistance below $112,000-$114,000, a zone aligned with key moving averages. A breakout above this level could trigger cascading liquidations and accelerate upward price movement.

Bitcoin has climbed back above $110,000 after dipping to approximately $106,000 earlier this week. BTC trades near $110,345, up 0.96% in 24 hours, with market capitalization exceeding $2.19 trillion and daily volume surpassing $66 billion, according to CoinMarketCap. Analysts have identified $112,340 as a critical near-term resistance level based on on-chain distribution data.

Bitcoin fell to $106,000 on October 30 before stabilizing ahead of a major derivatives event. On October 31, $15.9 billion in options contracts—$13.4 billion in Bitcoin and $2.5 billion in Ethereum—are set to expire, with BTC's max pain level at $114,000. Analyst Michaël van de Poppe identifies $112,000 as the critical breakout threshold for a potential new all-time high in November.

BlackRock divested 2,724 Bitcoin valued at approximately $292 million in a 24-hour period ending October 31, data show. The firm maintains holdings of 802,810 BTC worth around $87.43 billion. Bitcoin ETF outflows for the week reached roughly $519 million.

Bitcoin spot ETFs saw net outflows of $488.4 million on October 30, with all 12 funds reporting zero inflows. Ethereum spot ETFs posted $184 million in net outflows across nine funds. The withdrawals followed Fed Chair Jerome Powell's statement that a December rate cut is not guaranteed.

Bitcoin is trading above $109,000, down 5% over the past week. Spot Bitcoin ETF flows have turned negative, with a seven-day average outflow of 281 BTC, according to CryptoQuant. Federal Reserve Chair Jerome Powell stated that the likelihood of another rate cut in December remains unclear, contributing to cautious sentiment among cryptocurrency investors.