Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Crypto Crash Reason: Here's Why Cryptos like Bitcoin, Ethereum, Solana, and XRP Crashed

Crypto Crash Reason: Here's Why Cryptos like Bitcoin, Ethereum, Solana, and XRP Crashed

CryptotickerCryptoticker2025/10/17 21:27
By:Cryptoticker

The crypto market witnessed one of its sharpest declines of 2025, leaving investors questioning the true crypto crash reason. Within an hour, digital assets lost nearly $1 trillion in total market value, shaking market confidence. This article breaks down what caused the fall, analyzes key support and resistance levels for major assets, and explains what to watch next for $Bitcoin, $Ethereum, $Solana, and $XRP.

Main Crypto Crash Reason: Trade Tensions and Liquidations

Several key drivers combined to trigger the sudden crypto crash.

  • US–China trade scare: Renewed tariff threats between the world’s two largest economies spooked investors and triggered a global sell-off in risk assets.
  • Late-Friday sell pressure: A wave of automated liquidations followed as stop-losses and leveraged positions were triggered.
  • Profit-taking: The total crypto market had just hit a record $4.27 trillion days before, prompting many investors to secure gains.
  • Insider anticipation: Some traders speculate that big players may have acted on early cues before official announcements, though this remains unverified.

These factors combined into a perfect storm, causing cascading liquidations across exchanges and an immediate drop in trading confidence.

Bitcoin Analysis: Key Levels and Technical Structure

Bitcoin’s reaction provides important clues to the crypto crash reason.

  • Support zones: $108 K–$110 K, $106 K, and the psychological $100 K level.
  • Resistance zones: $120 K–$126 K, with a pivot around $115 K–$117 K.
  • Chart signals: The June uptrend broke sharply, suggesting a possible double top formation.

If bulls defend $108 K, $BTC may rebound toward $120 K; if not, a deeper test near $100 K is possible.

BTC/USD 1-day chart - TradingView

Ethereum Analysis: ETF Flows and Institutional Stability

Ethereum held relatively firm despite the crash.

  • Support: $4,000–$4,095 and $3,500 remain critical.
  • Resistance: $4,500 and $4,950 (previous ATH).
  • ETH/BTC ratio: Still weak but showing signs of a rebound.

Institutional demand through $ETH ETFs could provide renewed stability, though volume remains below average, indicating limited conviction.

ETH/USD 1-day chart - TradingView

Solana Analysis: Momentum Support Under Pressure

Solana faced steep volatility but managed to stay within its ascending channel.

  • Support: $185, $170, and $160 are crucial momentum levels.
  • Resistance: $200–$205 and $220–$240.
  • A fall below $170 could signal a shift toward a bearish trend, while defending $185 keeps the structure intact.

$SOL strong community and NFT ecosystem may help its recovery once overall market sentiment stabilizes.

XRP Analysis: Range Retest and Slowing Sell-Off

XRP consolidated between $2.20 and $2.30 after the crash.

  • Support: $2.00 psychological level and $1.60–$1.30 deep supports.
  • Resistance: $2.70 pivot and $3.00–$3.66 resistance zone.

While the crypto crash reason affected all assets, $XRP structure shows it may already be entering a sideways recovery phase.

Broader Market Context

Beyond crypto, the crash reflected a wider risk-off sentiment in global markets.

  • US equities turned mixed amid trade tension headlines.
  • Volatility indices surged, and micro-cap stocks fell sharply.
  • Crypto, often a barometer of investor risk appetite, mirrored this fear.
  • Low recovery volume indicates that investors are cautious and waiting for clearer macro signals before re-entering.

Outlook: What to Watch Next

The next few days will determine whether this drop was a correction or the start of a larger decline. Watch for:

  • Bitcoin reclaiming the $115 K pivot zone.
  • Ethereum ETF inflows or institutional buying.
  • Solana’s defense of $185.
  • XRP’s volume trends near $2.30.
  • Macro indicators — especially new trade or inflation data from the US and China.

If sentiment improves and volume returns, the market could quickly rebound. But if fear persists, further downside tests are possible.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

XRP ETF Ruling by SEC May Shape Future of Spot Crypto Funds

Quick Take Summary is AI generated, newsroom reviewed. SEC decision on XRP ETF arrives today. Approval could boost XRP prices and attract institutional investors. Rejection may delay regulated crypto ETFs but allow future revisions. Spot ETFs offer a simpler, regulated way to invest in XRP.References TODAY MARKS THE SEC'S DEADLINE TO APPROVE GRAYSCALE's SPOT #XRP ETF!

coinfomania2025/10/18 10:54

BlackRock Clients Sell $146 Million in Ethereum Holdings

Quick Take Summary is AI generated, newsroom reviewed. BlackRock clients offloaded $146.1M in ETH, suggesting a potential institutional rebalancing or profit-taking. The move comes as Bitcoin continues to show stronger performance and attract substantial institutional ETF inflows. BlackRock's overall crypto exposure remains heavily dominated by its Bitcoin holdings, which exceed $100 billion. The selloff is seen as a short-term reallocation, reflecting institutional preference for Bitcoin during market unc

coinfomania2025/10/18 10:54

Virtuals launches new IPO mechanism Unicorn—What are the wealth benefits?

Unicorn aims to address issues in Genesis's new token launch rules, with a particular focus on attracting and supporting outstanding AI projects to uphold the spirit of cypherpunks.

BlockBeats2025/10/18 10:53
Virtuals launches new IPO mechanism Unicorn—What are the wealth benefits?

The New York Times: Trump family's crypto fundraising is even worse than Watergate

When presidents start issuing tokens, politics is no longer a means of governing the country, but rather a game to boost their own market value.

BlockBeats2025/10/18 10:53