The cryptocurrency market is experiencing a slight decline today, driven by the sales of whales and profit-taking from recent rallies. While Bitcoin fell 3% to 112.3K, XRP and ETH witnessed a 7% downtrend. XRP broke the $3 support and touched $2.76, Ethereum breached $4,221–$4,954 Fibonacci support and moved towards $4122, triggering huge liquidations. Dow, S&P 500, and Nasdaq futures also witnessed a pullback from their record highs.
The entire market witnessed a massive wave of liquidations across leveraged positions, with 70% of the coins exhibiting red candles. Various market experts consider this a dip before the anticipated Uptober rally, which will likely continue due to the two additional quarter-point cuts before the end of 2025.
Why BTC, ETH & XRP Are Going Down? How Long Will This Last?
In the past week alone, whales moved around 12,000 BTC to exchanges like Coinbase, which marked the highest weekly inflow since November 2024. This, along with the technical weakness, signaled the current downtrend. Also, the complex macroeconomic trends, such as persistent inflationary pressures and cautious central bank policies, affected the charts.
Various analysts have already predicted the current situation, and many of them view this as a cooldown before the Uptober rally. “Expect weakness to be over Monday and Tuesday, and the beginnings of the reversal taking hold towards the end of next week. October is when we impulse to new highs”, online crypto analyst Sykodelic tweeted just before the downtrend.
According to BitMEX co-founder Arthur Hayes, the crypto market will enter the next bull phase only after the filling of the Treasury Department’s bank account. The United States Treasury is expected to complete the goal of 850 billion in the General Account (TGA) soon. Hayes added that, with this liquidity drain complete, up only can resume.
Will September Dip Drive to Uptober 2025? BTC Historical Data
According to the historical monthly data of BTC surge, October has been a bullish month except in 2014 and 2018. Various traders expect the positive momentum to recur this year. BTC’s historical price fluctuations for the months of September, October, November, and December are provided below.
| Time | September | October | November | December |
| 2025 | 5.64% | |||
| 2024 | 7.29% | 10.76% | 37.29% | -2.85% |
| 2023 | 3.91% | 28.52% | 8.81% | 12.18% |
| 2022 | -3.12% | 5.56% | -16.23% | -3.59% |
| 2021 | -7.03% | 39.93% | -7.11% | -18.90% |
| 2020 | -7.51% | 27.70% | 42.95% | 46.92% |
| 2019 | -13.38% | 10.17% | -17.27% | -5.15% |
| 2018 | -5.58% | -3.83% | -36.57% | -5.15% |
| 2017 | -7.44% | 47.81% | 53.48% | 38.89% |
| 2016 | 6.04% | 14.71% | 5.42% | 30.80% |
| 2015 | 2.35% | 33.49% | 19.27% | 13.83% |
| 2014 | -19.01% | -12.95% | 12.82% | -15.11% |
| 2013 | -1.76% | 60.79% | 449.35% | -34.81% |
Bitcoin (BTC) Price Today: Bearish & High Sell Pressure
At present, Bitcoin is trading for $112,400, with a 2.25% downtrend this week. It broke below the 30-day SMA ($112,935) and 50% Fibonacci retracement level ($112,591), igniting a bearish trend and FUD.
- Fear & Greed Index: 45 (Fear)
- Market Sentiment: Bearish
- Supply Inflation: 0.85% (Low)
- Dominance: 57.70%
- Volatility: 2.33% (Medium)
Read more: Bitcoin Price Prediction 2025: BTC Aims for $120K After Bullish Close
Ethereum (ETH) Price Today: Huge Liquidations & Bearish Sentiment
Ethereum is 7% down today, trading at a price of $4150.74 per ETH. It broke below critical Fibonacci support at $4,221–$4,954, with RSI14 at 50.65 (neutral). The Fear & Greed Index is at 45, and the overall market sentiment is bearish.
- Fear & Greed Index: 45 (Fear)
- Market Sentiment: Bearish
- Supply Inflation: 0.30% (Low)
- Dominance: 12.95%
- Volatility: 2.98% (Medium)
Ripple (XRP) Price Today: Fear & Panic
XRP is 5.8% down, breaking below the critical support at $3.00 (Fibonacci 78.6% retracement level) and the 100-hour moving average ($3.22). Currently, it is at $2.80 per coin. More details follow.
- Fear & Greed Index: 45 (Fear)
- Market Sentiment: Bearish
- Supply Inflation: 6.01% (High)
- Dominance: 4.32%
- Volatility: 3.38% (Medium)
Read more: XRP News Today: Remittix Tipped for 50x Rally by 2026 as Experts Update XRP Predictions