Key Points:
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Bitcoin price declines below $100,000, the first time since June.
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Cryptocurrencies wiped out over $1 trillion of the global market.
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Other altcoins, such as Ethereum and XRP, plummeted too.
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Analysts have associated the Bitcoin market crash with interest rates, liquidations, and fund outflows.
The first major point in the bitcoin market crash was that the price fell below $100,000, the first time in months. The cryptocurrency dropped more than 6.7 percent during the previous 24 hours, and it was within classifications of $99,936, the lowest level since June 2025. More than 20% of its value was wiped out in the bitcoin crash since early October when the cryptocurrency had reached a high of $126,000.
Bitcoin market crash hits global crypto sector
The ongoing bitcoin market crash triggered losses across major cryptocurrencies. Ethereum slipped 10%, while XRP fell 6%, extending the decline across the broader crypto market. Analysts say the overall crypto market lost over $1 trillion in value during the recent correction phase.
Why is Bitcoin dropping?
According to experts, there were several reasons that caused the fall. The federal reserve of the U.S. had an impact on the risk assets such as crypto through its position on interest rates. High interest rates cut speculative trading, which led to a sell-off. Bitcoin crash was also caused by heavy liquidations of levered positions.
Large holders or so-called whales sold billions of holdings, and institutional investors withdrew money in Bitcoin ETFs. The drop to the level below the support of $100,000 caused additional selling pressure.
Bitcoin news and market outlook
The same market analysts observe that the current support levels are around $98,000 and 85,000 in case selling is to persist. U.S. stocks were also hit by the fall of Bitcoin, as Nasdaq and S&P 500 stocks dropped.
The Bitcoin news points to the increasing investor skepticism and declining liquidity in the crypto industry. Traders are following rate policy and institutional inflows to determine whether the bitcoin market crash has intensified or stabilized.
