{"id":17876,"date":"2025-09-26T17:31:23","date_gmt":"2025-09-26T16:31:23","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=17876"},"modified":"2025-09-26T17:31:24","modified_gmt":"2025-09-26T16:31:24","slug":"crypto-market-plunge-what-caused-150-billion-to-vanish-in-24-hours","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/crypto-market-plunge-what-caused-150-billion-to-vanish-in-24-hours\/","title":{"rendered":"Crypto Market Plunge : What Caused $150 Billion to Vanish in 24 Hours ?"},"content":{"rendered":"\n

Sharp Decline Beyond $110,000 for Bitcoin<\/h2>\n\n\n\n

Bitcoin<\/a>, the cryptocurrency market’s driving force, has been hit hard by this wave of selling. The leading crypto dropped by 3%<\/strong>, falling below the symbolic threshold of $110,000<\/strong>, reaching a low of $108,700<\/strong>. This sharp decline has resulted in a loss of more than $20 billion<\/strong> in market capitalization.<\/p>\n\n\n\n

\"Bitcoin
Source: TradingView<\/figcaption><\/figure>\n\n\n\n

Ethereum<\/a>, the second-largest cryptocurrency by market cap, has also suffered, dropping below the $4,000<\/strong> mark to finish at $3,832<\/strong>. Its market capitalization has melted by 15%<\/strong> in one week, down to $470 billion. Other major altcoins like XRP<\/a>, BNB<\/a>, or Solana<\/a> have experienced similar setbacks<\/strong>.<\/p>\n\n\n\n

This new market downturn can be explained by a marked return of risk aversion<\/strong> among investors. Recent statements from the US Federal Reserve Chairman, Jerome Powell<\/strong>, regarding the fragility of the labor market and persistent inflation have rekindled fears of imminent stagflation.<\/p>\n\n\n\n

Risk Aversion Returns to the Crypto Market<\/h2>\n\n\n\n

Faced with these bleak economic prospects<\/strong>, investors have massively withdrawn from risky assets like cryptocurrencies. According to market data, more than $1.7 billion in leveraged positions were liquidated on September 24th and 25th, causing an accelerated drop in prices<\/strong>.<\/p>\n\n\n\n

Technically, the crypto market now finds itself at a critical level<\/strong>. If Bitcoin falls below $107,000<\/strong>, a decline to $100,000, an important psychological threshold, becomes likely. For Ethereum, the next support level is at $3,750<\/strong>, while XRP investors are closely monitoring the $2.71<\/strong> level.<\/p>\n\n\n\n

The upcoming major economic data<\/strong> will be decisive for price evolution. The publication of US PMI indices on September 30th and weekly jobless claims figures on October 2nd will be closely scrutinized. Disappointing figures could rekindle risk appetite, while good performance would strengthen selling pressure<\/strong>.<\/p>\n\n\n\n

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