Bitcoin and Ethereum Deepen Losses: Here’s Why, Latest Data, and Expert Opinions

The cryptocurrency market started the week with sharp ￰0￱ Bitcoin price fell below $100,000 for the first time since June 23, 2025, falling to as low as $98,944 during the ￰1￱ means BTC has lost over 7% of its value in the last 24 ￰2￱ showing the latest BTC ￰3￱ decline was even deeper for Ethereum, with the price of ETH falling to $3,089, a daily drop of nearly 14%. This was one of the lowest levels for Ethereum in four ￰4￱ believe this decline is primarily due to the US Senate's renewed rejection of the interim budget ￰5￱ federal government shutdown, which began on October 1st, has become the longest in US history, surpassing the 35-day record set in 2018–2019.

Liquidity concerns and economic uncertainty have led investors to shift away from risky assets, intensifying selling pressure, particularly in the crypto ￰6￱ addition, US stock indices, which Bitcoin is closely correlated with, also suffered deep losses ￰7￱ News: Analysis Company: “If This Happens, Bitcoin Will Rise Again” The average cost basis for spot Bitcoin ETFs traded in the ￰8￱ $89,613, according to K33 Research ￰9￱ figure is about 11% below the current price and represents a key technical support area. “This asset class is inherently extremely ￰10￱ the current decline is a 'step back' or the start of a new downward wave remains to be seen,” said Bloomberg Intelligence analyst James ￰11￱ has historically rebounded from drops exceeding 50% numerous times.

However, current macroeconomic pressures and deteriorating investor sentiment suggest the market is entering a challenging ￰12￱ Reading: Bitcoin and Ethereum Deepen Losses: Here’s Why, Latest Data, and Expert Opinions