{"id":11638,"date":"2025-09-24T12:31:15","date_gmt":"2025-09-24T12:31:15","guid":{"rendered":"https:\/\/bitunikey.com\/news\/crypto-market-selloff-deepens-as-bitcoin-and-altcoins-fall\/"},"modified":"2025-09-24T12:31:18","modified_gmt":"2025-09-24T12:31:18","slug":"crypto-market-selloff-deepens-as-bitcoin-and-altcoins-fall","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/crypto-market-selloff-deepens-as-bitcoin-and-altcoins-fall\/","title":{"rendered":"Crypto market selloff deepens as Bitcoin and altcoins fall"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p>The crypto market is under renewed bearish pressure as Bitcoin continues to struggle under $113,000 and major altcoins bleed, deepening a sell-off that commenced earlier in the week.<\/p>\n<div id=\"cn-block-summary-block_b230b1eebb992ec29d248527a7c17f31\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>The crypto market is witnessing more downturn.<\/li>\n<li>Bitcoin and altcoins like Ethereum, Solana, and Ripple are also down with losses of 4-10% on the week.<\/li>\n<li>Some altcoins like Aster, Mantle, and BNB have posted gains, defying the broader market trend.<\/li>\n<li>Traders are eyeing \u2018Uptober\u2019 for potential recovery, which has historically served as a bullish month.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The crypto market downturn that has further extended, compounding Monday\u2019s sharp decline that saw over $1.7 billion positions liquidated from the market. Despite a brief recovery attempt, Bitcoin and several major altcoins remain under pressure, with weak momentum and fading investor confidence across the board.<\/p>\n<h2 class=\"wp-block-heading\">Bitcoin slides as crypto market bleeds<\/h2>\n<p>Per market data from crypto.news, Bitcoin (BTC) trades at $112,786 at press time, down 3.5% over the past week. After peaking above $118,000 last week, the crypto king has struggled to reclaim lost ground, briefly dipping below $112,000.\u00a0<\/p>\n<p>Sellers continue to dominate, alongside <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/sosovalue.com\/assets\/etf\/us-btc-spot\" target=\"_blank\" rel=\"nofollow\">strong outflows<\/a> from exchange-tracked funds. The negative pressure continues to weigh on price, and unless BTC breaks above $113,500, further downside toward $111,000 appears likely. A move above $115,000 would be the first sign of recovery.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Bitcoin price chart | Source: crypto.news<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">Ethereum (ETH)<\/h2>\n<p>Ethereum (ETH) has mirrored Bitcoin\u2019s price weakness as the crypto market downturn continues, dropping from its recent high near the $4,700 range to a low of $4,100. At the time of writing, ETH is trading around $4,174, hovering just above support. The RSI at 39.95 suggests nearing oversold conditions, while the 9-day SMA at $4,401.65 looms as resistance.<\/p>\n<p>If ETH fails to hold $4,100, a deeper correction toward $4,000 could follow. Conversely, a breakout above $4,250 would signal a potential shift in momentum.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"627\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/09\/1758717075_901_Crypto-market-selloff-deepens-as-Bitcoin-and-altcoins-fall.png\" alt=\"Ethereum price chart amid crypto market downturn.\" class=\"wp-image-14418715\"><figcaption class=\"wp-element-caption\">ETH price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Solana\u00a0(SOL)<\/h2>\n<p>Solana (SOL), the sixth-largest cryptocurrency by market capitalization, has also seen steep losses. The asset is now down nearly 10% over the past seven days. SOL price is currently around $211, marking a sharp decline from its recent surge above $250. <\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"627\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/09\/1758717075_538_Crypto-market-selloff-deepens-as-Bitcoin-and-altcoins-fall.png\" alt=\"Solana price chart amid crypto market downturn.\" class=\"wp-image-14418716\"><figcaption class=\"wp-element-caption\">SOL price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>For now, Solana\u2019s price remains under the 9-day SMA at $231.94, confirming bearish sentiment. If $204 breaks, the asset could revisit the $195\u2013$200 zone.<\/p>\n<h2 class=\"wp-block-heading\">Ripple (XRP)<\/h2>\n<p>Also under pressure in the ongoing crypto market slide is Ripple (XRP), currently trading at $2.87, down 4.7% so far this week. Although it posted a modest 1.65% gain on the latest daily candle, resistance at $2.90\u2013$3.00 remains strong. The asset\u2019s broader performance has been muted, and if momentum fails to improve, a breakdown below $2.85 could push prices lower, potentially toward $2.75.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"627\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/09\/1758717075_600_Crypto-market-selloff-deepens-as-Bitcoin-and-altcoins-fall.png\" alt=\"XRP price chart amid crypto market downturn.\" class=\"wp-image-14418717\"><figcaption class=\"wp-element-caption\">XRP price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>Still, some altcoins are showing resilience. Binance Coin (BNB) is up roughly 3% on the day, while Mantle, PUMP (PUMP), and CAKE (CAKE) have posted gains up to 5%. Aster (ASTER) stands out as the day\u2019s largest gainer, surging 35% as it defies the broader market\u2019s sluggish trend.<\/p>\n<p>Despite the current weakness, optimism surrounds the upcoming \u201cUptober\u201d period, historically known for crypto rallies. However, unless sentiment improves and selling pressure eases, volatility is expected to persist.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The crypto market is under renewed bearish pressure as Bitcoin continues to struggle under $113,000 and major altcoins bleed, deepening a sell-off that commenced earlier in the week. Summary The&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11639,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=11638"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11638\/revisions"}],"predecessor-version":[{"id":11640,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11638\/revisions\/11640"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11639"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=11638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=11638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=11638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}