The crypto market crash in 2025 has wiped out over $200 billion in capitalization, with Bitcoin dropping to $100,637 and Ethereum to $3,325 amid $1.49 billion in liquidations. Traders are shifting to stablecoins as fear grips the sector due to macro pressures like rising bond yields and ETF outflows.
-
Bitcoin leads the decline with a 6.32% drop, trading near $100,637 after recent highs above $107,000.
-
Ethereum falls over 9% to $3,325, with its weekly losses nearing 19% and the ETH/BTC ratio at a low of 0.0326.
-
Altcoins suffer heavily, including Solana down 8.75% and Bittensor plunging 17.69%, as the total market cap hits $3.35 trillion, per CoinMarketCap data.
Crypto market crash erases $200B in value; BTC and ETH lead liquidations totaling $1.49B. Discover key triggers and impacts—stay informed to navigate volatility wisely.
What is Causing the Crypto Market Crash?
The crypto market crash stems from a confluence of macroeconomic factors, including rising U.S. bond yields, Federal Reserve signals against further rate cuts, and increasing ETF outflows that have tightened liquidity. This has triggered widespread sell-offs, with the total market capitalization plummeting 6.24% to $3.35 trillion in 24 hours, as reported by CoinMarketCap. Institutional profit-taking has amplified the downturn, pushing traders toward stablecoins for safety.
Crypto Market Crash | Source: CoinMarketCap
How Has Bitcoin and Ethereum Performed in This Crash?
Bitcoin has crashed 6.32% to around $100,637, marking its lowest point in nearly a month despite maintaining over $2 trillion in market cap. Ethereum has followed suit with a sharper 9% daily decline to $3,325, erasing recent staking-driven gains and resulting in a 19% weekly drop to a $401 billion market cap. The ETH/BTC ratio has weakened to 0.0326, its lowest since early September, underscoring Bitcoin’s resilience in risk-averse environments, according to TradingView analysis. Base ETH gas fees have also surged to 10.654 gwei, indicating network strain amid the volatility. Experts like those at CoinMarketCap note that such corrections often follow rapid rallies, with historical data showing similar patterns in past cycles where Bitcoin dominance rises during fear phases.
ETH/BTC Ratio | Source: Tradingview
The broader altcoin sector has experienced a bloodbath, with nearly every major token in decline. Layer-1 assets like BNB at -8.32%, Solana at -8.75%, and XRP at -7.16% have led the slump. Cardano and Avalanche both shed over 7-8%, pushing their weekly losses past 22%. Meme coins such as Dogecoin (-7.80%) and Shiba Inu (-8.00%) have not been spared, while mid-caps like Cronos (-10.19%) and Toncoin (-10.39%) faced steeper hits. Bittensor stands out with a 17.69% plunge, the worst among majors, highlighting the fragility of smaller-cap assets in downturns. Coinglass data reveals $1.49 billion in liquidations over 24 hours, the largest since June 2024, with Bitcoin accounting for $443.7 million, Ethereum $329.9 million, Solana $82.2 million, XRP $25.1 million, and Dogecoin $19.6 million. Exchanges like Binance, Bybit, and Hyperliquid saw the highest volumes, forcing many leveraged traders out of positions.
Frequently Asked Questions
What Triggered the $200 Billion Crypto Market Wipeout?
The crypto market wipeout was primarily driven by macroeconomic pressures, including escalating U.S. bond yields, Federal Reserve indications of no additional rate cuts, and surging ETF outflows that constricted liquidity. These factors, combined with institutional profit-taking after recent highs, led to a 6.24% drop in total market cap to $3.35 trillion within 24 hours, as tracked by CoinMarketCap.
Why Are Traders Fleeing to Stablecoins During This Crash?
Traders are seeking refuge in stablecoins to preserve capital amid the extreme volatility of the crypto market crash. With the Fear & Greed Index at 27—indicating extreme fear—investors are de-risking by converting to assets like USDT or USDC, which maintain a 1:1 peg to the dollar, providing stability while awaiting clearer signals from global markets.
Key Takeaways
- Market Cap Erosion: Over $200 billion vanished in 24 hours, signaling a broad correction influenced by external economic headwinds.
- Liquidation Impact: $1.49 billion in forced sales hit futures markets, with BTC and ETH bearing the brunt, underscoring leverage risks.
- Fear Dominance: The Fear & Greed Index at 27 highlights retail panic, offering potential buying opportunities for long-term holders once stabilization occurs.
Conclusion
The crypto market crash has delivered a stark reminder of the sector’s ties to global macro trends, with Bitcoin’s dip to $100,637 and Ethereum’s slide to $3,325 amplifying liquidations and altcoin losses. As sources like CoinMarketCap and Coinglass document, these events often precede consolidations, urging investors to prioritize risk management. Looking ahead, monitoring Fed policies and ETF flows will be crucial—consider diversifying into stable assets to weather ongoing uncertainty.
Bitcoin and Ethereum lead a $200B market wipeout; leverage flush triggers $1.4B in liquidations as traders flee to stablecoins.
The crypto market has entered a sharp correction phase, losing over $200 billion in total market capitalization within 24 hours as risk sentiment turned negative across global markets.
According to CoinMarketCap data, the total market cap fell 6.24% to $3.35 trillion, reflecting broad-based sell-offs across both major and mid-cap tokens.
Bitcoin crashes to $100K
Bitcoin (BTC) fell 6.32% in the past 24 hours and is currently trading near $100,637, its lowest level in nearly a month. Despite holding over $2 trillion in market cap, Bitcoin’s dominance did little to prevent widespread panic as traders rushed to secure profits after recent record highs above $107K.
Ethereum follows through
Ethereum (ETH) mirrored the drop, sliding over 9% in 24 hours to $3,325. Its weekly decline of nearly 19% has pushed its market cap down to $401 billion, erasing gains accumulated through October’s staking surge.
The ETH-BTC ratio has weakened to 0.0326, its lowest level since early September, signaling Bitcoin’s relative dominance during risk-off conditions. Additionally, base ETH gas fees have jumped to 10.654 gwei.
Altcoin bloodbath deepens
The downturn extended across the altcoin spectrum, with nearly all top assets in red:
- BNB (-8.32%), Solana (-8.75%), and XRP (-7.16%) led the layer-1 slump.
- Cardano (ADA) and Avalanche (AVAX) both dropped over 7–8%, deepening their weekly losses beyond 22%.
- Chainlink (LINK) fell 8.56%, Sui (SUI) plunged 8.98%, and Hyperliquid (HYPE) sank 9.69%.
- Dogecoin (DOGE) declined 7.80%, and Shiba Inu (SHIB) dropped 8.00%.
- Cronos (CRO) and Toncoin (TON) were hit the hardest among mid-caps, down 10.19% and 10.39%, respectively.
- Bittensor (TAO) recorded the steepest daily fall of all majors at -17.69%, highlighting altcoin market fragility.
Mass liquidations hit futures traders
Data from Coinglass shows $1.49 billion in leveraged positions were liquidated across the market in the past 24 hours, marking one of the largest single-day shakeouts since June 2024.
- BTC: $443.7M liquidated
- ETH: $329.9M liquidated
- SOL: $82.2M liquidated
- XRP: $25.1M liquidated
- DOGE: $19.6M liquidated
Among exchanges, Binance, Bybit, and Hyperliquid recorded the highest liquidation volumes.
Extreme fear grips the market
CoinMarketCap’s Fear & Greed Index plummeted to 27 (“Extreme Fear”), reflecting panic among retail traders and rising profit-taking among institutions. CryptoTimes earlier reported that the initial reasons for the crypto market going down are macro triggers, including rising ETF outflows, rising U.S. bond yields, and Fed officials hinting at no further rate cuts, as well as tightening liquidity, as catalysts.
Also Read: Machi Big Brother Reopens 25x Ethereum Long After $15M Loss
Disclaimer: The COINOTAG publishes news, analysis, and educational content for informational purposes only. We do not offer financial, investment, legal, or trading advice of any kind. All content on our website is intended to be neutral and fact-based. Readers should always do their own research, consult with licensed professionals, and evaluate risks independently. The COINOTAG does not endorse or recommend any specific cryptocurrencies, tokens, projects, financial products, or investment strategies. We do not accept legal liability for any financial losses incurred as a result of reliance on information published by us.
Follow The COINOTAG on Google News to Stay Updated! 
TAGGED:Bitcoin (BTC)Ethereum (ETH)Price Analysis
