{"id":18524,"date":"2025-10-08T15:37:07","date_gmt":"2025-10-08T14:37:07","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=18524"},"modified":"2025-10-08T15:37:09","modified_gmt":"2025-10-08T14:37:09","slug":"3-key-reasons-behind-the-crypto-markets-decline","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/3-key-reasons-behind-the-crypto-markets-decline\/","title":{"rendered":"3 Key Reasons Behind the Crypto Market’s Decline"},"content":{"rendered":"\n

Bitcoin Breaks Support, Plasma Crashes<\/h2>\n\n\n\n

BTC has recorded its first red candle of the month, ending a streak of consecutive new ATHs<\/strong>. The price of the king crypto slid to $121,765<\/strong>, losing the key psychological<\/strong> and technical level<\/strong> of $122,000<\/strong>. This breakdown exposes Bitcoin<\/a> to downside risk toward the $120,000<\/strong> zone, the next major support<\/strong>.<\/p>\n\n\n\n

Trading volumes<\/strong> have increased, indicating active profit-taking<\/strong>. If BTC stabilizes above $121,000<\/strong>, reclaiming $122,000<\/strong> could transform this level into new support<\/strong> and pave the way for a bounce toward the ATH of $126,199<\/strong>. Conversely, a close below $120,000<\/strong> could trigger a liquidation cascade<\/strong> toward $115,000<\/strong>.<\/p>\n\n\n\n

\"XPL<\/figure>\n\n\n\n

Plasma (XPL)<\/strong> drops 14%<\/strong>, falling from $1.00<\/strong> to $0.89<\/strong>. The next major support<\/strong> is at $0.81<\/strong>, with a secondary zone at $0.71<\/strong>. The RSI in oversold<\/strong> territory and the bearish MACD<\/strong> on the 4H<\/strong> timeframe confirm selling pressure<\/strong>. A bounce toward $0.95<\/strong> would be an initial recovery signal<\/strong>, potentially opening the path to $1.08<\/strong> and validating a medium-term bullish structure<\/strong>.<\/p>\n\n\n\n

\"Bitcoin<\/figure>\n\n\n\n
\"Banniere<\/a><\/figure>\n\n\n\n

Crypto Market Cap: Resilience or Storm Ahead?<\/h2>\n\n\n\n

Despite $109 billion<\/strong> evaporating, the total crypto<\/a> market capitalization<\/strong> remains above $4.09 trillion<\/strong>. Long-term hodlers<\/strong> aren’t capitulating, unlike leveraged traders who have fueled recent volatility.<\/p>\n\n\n\n

Addresses holding BTC for more than six months are maintaining their positions, showing solid conviction<\/strong>. Institutional investors are adopting a wait-and-see strategy<\/strong> rather than massive liquidation.<\/p>\n\n\n\n

If confidence returns after the US government shutdown resolution, a move back toward $4.20 trillion<\/strong> seems possible. Catalysts include: ETF approvals and regulatory clarification for Web3. The current consolidation might offer interesting entry points<\/strong> for accumulation before the next bullish leg<\/strong>.<\/p>\n\n\n\n

\"Total<\/figure>\n\n\n\n

On the same topic:<\/strong><\/p>\n\n\n\n