Why is crypto market crashing 2025: Bitcoin drops below $100,000 today – is crypto market crashing after it wipes out 2025 gains in just one month!
Bitcoin (BTC) price crashes today: In just over a month, the cryptocurrency market has lost nearly all of the gains it had made this year, as per a report. Just last month, on October 6, the total value of all cryptocurrencies reached a record high of almost $4.4 trillion, but since then, a 20% drop has left the market up only 2.5% for the year, as per a Bloomberg report.
Bitcoin (BTC) Price Drops After $19 Billion Liquidation
The decline in BTC’s price followed the sudden liquidation of around $19 billion in leveraged positions, which was a shock that shattered investor confidence and left traders hesitant to bet on a rebound, as per the report.
The reversal is particularly surprising in a year when digital assets have seen greater…
