The crypto market suffered a massive correction Tuesday as Bitcoin ($BTC) plunged below $100,000 for the first time since June 2025, triggering over $1.3 billion in leveraged liquidations across major altcoins including Ethereum ($ETH), XRP, and Dogecoin ($DOGE).
Ethereum fell more than 10 % to $3,188, briefly turning negative year-to-date, while Dogecoin’s “death cross” pattern deepened bearish momentum.
Analysts cited a convergence of catalysts including AI-bubble contagion fears, profit-taking after record ETF inflows, and shifting macro sentiment as drivers behind the $250 billion market wipeout. Still, institutional signals were mixed: BlackRock transferred $293.3 million in BTC and ETH to Coinbase, suggesting continued long-term positioning amid short-term panic. Meanwhile, the White House announced an official end to the “war on crypto,” marking a policy shift under President Trump even as traders braced for further downside.
Timeline of Events
- 13:57 Yahoo Finance / Decrypt Bitcoin crashes under $100 K for the first time since May; $1.3 B in liquidations hit XRP, ETH, and DOGE.
- 14:00 Coinpedia Analysts label the event a “Bitcoin bloodbath” as whales exit positions; traders brace for additional selloff.
- 14:05 Cointelegraph / Cryptopotato Peter Schiff blames U.S. policy and “get-rich-quick” speculation; Dogecoin bear market concerns intensify.
- 14:07 Benzinga / Mike Zaccardi Amid the selloff, Zcash ($ZEC) rallies 150% in one month the lone gainer in a sea of red.
- 14:13 Marketbeat Ethereum breaks below $3,300, turning negative for 2025; top blockchain equities see renewed volatility.
- 14:15 Barron’s Institutional retreat sends Bitcoin below $110K as macro rotation weighs on speculative assets.
- 14:19 Benzinga / The Motley Fool Bitcoin plunges to $100K as $1B in liquidations sweep through altcoins; Bittensor ($TAO) down 16%.
- 15:14 WatcherGuru Total crypto-market value falls by $250B; technical analysts forecast potential $70K retracement.
- 15:17 Cryptopolitan / Wallstengine Bitcoin drops more than 6%, 20% off October highs; selling intensifies across global exchanges.
- 15:20 Deitaone Ethereum extends losses to 11%, hitting $3,188 lowest since July.
- 15:23 Coindesk Ripple’s stablecoin reaches $1B milestone despite broader market turmoil.
- 15:30 Cryptopolitan / BlackRock filings BlackRock transfers $293.3M in BTC & ETH to Coinbase, signaling accumulation during weakness.
- 15:36 Yahoo Finance / MarketWatch Analysts blame government shutdown and delayed fiscal action for weakening risk sentiment.
- 15:39 BTCTN Bitcoin nosedives on fears of AI bubble contagion and political unrest in major cities.
- 15:48 Bloomberg / Yahoo Finance Crypto lobbyists push for regulatory clarity as Perianne Boring warns of “policy vacuum.”
- 15:55 Bloomberg / BTCTN $1.69B in crypto positions liquidated; MARA CEO discusses mining margin compression.
- 15:56 Deitaone / BTCTN ETH 11%, BTC < $100K; largest 24-hour crypto liquidation since April 2022.
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