Bitcoin Price Crash: BTC Wipes Out 2025 Gains After Falling Below $95K; ETH Joins the Crash With 11% Drop

The cryptocurrency market is still under strong selling pressure today, with major tokens like Bitcoin, ethereum, Solana, and Cardano slipping further into the red. Bitcoin price has crashed by almost 10% in the last seven days. Major downside was seen in Ethereum, Cardano, and Solana, which fell big time in the last week. However, in contrast to the broader downfall, Hyperliquid added a 5.09% monthly gain even though it slipped 6.47% this week.

"The crypto market sentiments have slipped to extreme fear as Bitcoin price slips below $95,000 while the altcoins manifest strength. Strategy founder Michael Saylor denied reports of dumping Bitcoin amid the BTC price plunge, claiming to have purchased it every day. The crypto market erases $1.1 trillion over 41 days and is now sitting 10% below record liquidation levels from October 10th as BTC price briefly wipes all 2025 gains. The XRP ETF debuts with record-breaking $250 million inflows and $58 million trading volume, outshining all the other ETF launches. Meanwhile, BTC ETFs bleed $866 million in the second-worst day on record following government shutdown concerns, while analyses remain bullish." according to the CoinDCX.

Bitcoin Price Falls

Bitcoin price is trading at $95,530.71, down 0.38% in 24 hours, and has dropped nearly 10% over the past week.

"Bitcoin is attempting a steady recovery after briefly dipping below $93,000. Inflation concerns resurfaced in the US after President Trump signalled tariff cuts to ease food prices, adding short-term volatility. However, a positive sign is emerging as whales and market makers have increased long positions since Wednesday, actively buying the dip below $100,000. With BTC trading near $95,000, resistance sits around $99,000, while a new support is forming at $92,700, indicating improving stability and early signs of a potential trend reversal." said Edul Patel, CEO of Mudrex.
Despite attempts at recovery, BTC continues to struggle below crucial resistance zones as bearish sentiment dominates the crypto market.

Ethereum Drops to $3,179 as Altcoins Bleed

Ethereum (ETH) slipped to $3,179.84, down 0.51% in 24 hours and over 18% in the last month. With a market cap of $383.59 billion, ETH is still the second-largest cryptocurrency but is seeing heavier selling compared to Bitcoin.

XRP Holds at $2.27 Despite Weekly Drop

XRP is trading at $2.27, down 10.45% in a week and 3.99% over the last 30 days, but showing a modest 0.39% rise today. Its market cap stands at $136.15 billion.

BNB Price Today

BNB recorded a 24-hour decline of 0.64%, trading at $935.40. The token has fallen 14.42% in the past month, holding a total market cap of $128.83 billion.

Solana Plunges Below $150

Solana's price dropped to $140.48, down 16.08% this week and 25.14% over the last month. Despite strong developer activity, bearish momentum and high network fees have dragged the token lower, reducing its market cap to $77.78 billion.

TRON & Dogecoin In Red

TRON (TRX) slipped to $0.2932, down 1.35% in 24 hours, while Dogecoin (DOGE) fell to $0.1618, losing 11.08% in a week and 14.70% in a month.

Cardano Drops 22% in a Month

Cardano (ADA) is trading at $0.4945, with monthly losses nearing 22%. The token's market cap stands at $18.08 billion, with ADA struggling to maintain investor confidence amid slow ecosystem growth and negative marketsentiment.

Stablecoins USDT & USDC Remain Flat

Amid the market downturn, stablecoins Tether (USDT) and USD Coin (USDC) maintained their peg at $1.00, showing minor but positive 24-hour changes of 0.05% and 0.05%, respectively.

Expert Analysis Market Outlook

According to Coinswitch, "BTC, after a period of consolidation, dropped below $100K but has since seen a partial recovery and stabilised in the $94K-$95K range. The pullback was driven by long-term holders taking profits, slower ETF inflows, and temporary macro uncertainty. With the U.S. shutdown delaying key economic data and uncertainty around rate cuts, investors remain cautious. BTC is holding firm above the $93K support zone while facing near-term resistance at $95K and a stronger ceiling at $96K-$96.5K. Until a clear macro catalyst or fresh institutional flows emerge, Bitcoin may continue moving sideways. Traders should manage risk and wait for confirmed signals before taking new positions."

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