Why Is Crypto Down Today? – October 17, 2025

Cryptonews🔴 negative
Why Is Crypto Down Today? – October 17, 2025

The crypto market is down today. BTC fell to $105,732 and ETH to $3,764. “A break below $99,900 could lead to a much deeper correction.”

Article Summary

**Cryptocurrency Market Experiences Significant Decline as Bitcoin and Ethereum Face Major Corrections** The cryptocurrency market is experiencing a notable downturn today, with Bitcoin (BTC) dropping to $105,732 and Ethereum (ETH) falling to $3,764. This crypto market correction has sent ripples across the blockchain ecosystem, affecting major digital assets and DeFi protocols alike. Market analysts warn that Bitcoin's current price action suggests potential for deeper losses, with technical indicators pointing to a critical support level at $99,900. A break below this key threshold could trigger a much more substantial cryptocurrency correction, potentially impacting the broader digital asset landscape including altcoins, DeFi tokens, and institutional crypto holdings. Today's crypto market decline reflects growing investor uncertainty and highlights the inherent volatility in cryptocurrency trading. Both Bitcoin and Ethereum, the two largest cryptocurrencies by market capitalization, are facing selling pressure that could extend to other blockchain-based assets. Cryptocurrency traders and investors are closely monitoring these price levels as the market navigates this challenging period, with many watching for signs of stabilization or further downside momentum in the coming sessions.

Article Details

Source
Cryptonews
Published
October 17, 2025 at 10:45 AM
Sentiment
🔴 negative
Type
Article
Category
bitcoin
Topics
BitcoinEthereumMarket

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