By Zemeghub : September 25, 2025
Bitcoin and Ethereum lead a sharp crypto market decline, triggering massive liquidations and wiping out $162 billion in market value. Zemeghub analyzes the fallout.
Market Meltdown: Bitcoin and Ethereum Lead the Decline
The cryptocurrency market faced a sharp downturn today, with Bitcoin falling below the $112,000 mark and Ethereum breaking its $4,000 support level. The combined market cap of all cryptocurrencies dropped by over $162 billion in just 24 hours, signaling a wave of investor caution and technical breakdowns.
Bitcoin (BTC) is currently trading around $111,400, down 1.4% on the day and 3.6% for the week. Ethereum (ETH) slid to $4,006, triggering a cascade of liquidations across leveraged positions.
💥 Ethereum Liquidation Shock
Ethereum’s price breach below $4,000 led to one of the largest single-day liquidation events in recent months. Over $36.4 million in long positions were wiped out, with traders caught off guard by the speed and depth of the decline.
Key Liquidation Zones: $4,050–$4,000
Volume Spike: ETH trading volume surged 18% as panic selling intensified
Technical Breakdown: RSI dropped below 40, signaling bearish momentum
Analysts warn that further downside is possible if ETH fails to reclaim the $4,100 level in the next 48 hours.
📊 Bitcoin’s Fragile Support
Bitcoin’s dip below $112,000 has raised concerns about short-term stability. While long-term holders remain confident, short-term traders are adjusting positions amid rising volatility.
Support Zone: $110,000–$111,000
Resistance Target: $114,500–$115,000
Sentiment Index: Fear & Greed at 41, leaning toward fear
Institutional flows remain mixed, with some hedge funds rotating into stablecoins and others doubling down on BTC accumulation.
🧠 Broader Market Impact
The crypto downturn has affected altcoins and DeFi tokens across the board:
Solana (SOL): Down 5.2%, now trading at $201.23
Dogecoin (DOGE): Fell 4.9% to $0.2312
Total Market Cap: $3.81 trillion, down from $3.97 trillion yesterday
Stablecoins like USDT and USDC saw increased volume as traders sought refuge from volatility. NFT markets also saw a dip in floor prices and transaction activity.
🧭 Editorial Perspective
Zemeghub views today’s crypto correction as a necessary recalibration in a rapidly evolving market. While volatility is inherent to blockchain assets, disciplined strategy and technical awareness remain essential for navigating price swings.