Why Is Crypto Down Today? – October 6, 2025

The crypto market is down today, with the cryptocurrency market capitalization falling by 0.9%, now standing at $4.33 ￰0￱ than 10 of the top 100 coins have appreciated over the past 24 ￰1￱ the same time, the total crypto trading volume is at $193 billion. TLDR: The crypto market capitalization is down 0.9% on Monday morning (UTC); 92 of the top 100 coins are down, as are 9 of the top 10 coins; BTC is down 1.1% to $123,375, and ETH fell 1.2% to $4,535; After BTC broke the $125,000 barrier, we can expect $145,000 in the mid-term; BTC’s ATH is ‘driven from the top down’; ’Volatility will pop up, but the base case for this bull cycle is solid’; Both US BTC and ETH spot ETFs recorded a fifth straight day of inflows on Friday, with $985.08 million and $233.55 million, respectively; US spot Bitcoin ETFs marked the second-largest week of inflows ever; Crypto market sentiment hit the point last seen in ￰2￱ Winners & Losers At the time of writing, 9 of the top 10 coins per market capitalization have decreased over the past 24 ￰3￱ (BTC) dropped 1.1%, currently trading at $123,375.

Bitcoin (BTC) 24h 7d 30d 1y All time Ethereum (ETH) is down by 1.2%, now changing hands at $4,535. Dogecoin (DOGE) recorded the highest drop of 3.4% to the price of $0.255. It’s followed by XRP (XRP)’s 2.9%, now standing at $2.97. The only green coin in this category is Binance Coin (BNB) , having appreciated 2% to $1,200.

Looking at the top 100 coins, we find that eight are up, the highest of which is Provenance Blockchain (HASH) , with 13.4% to $0.03745. It’s the only one with a double-digit ￰4￱ the red coins, the highest drops are Pump-fun (PUMP) and Ethena (ENA) , which dropped by 9.4% and 8.5% to $0.006455 and $0.5751. Meanwhile, the “debasement trade” has gained traction amid growing national debts and political ￰5￱ has prompted a retreat from fiat assets and into other assets, including crypto. Bitcoin’s surge past $125,000 and gold’s new highs highlight mounting demand for hard assets.

Gold's price increase signals a weakening of the dollar. I believe Bitcoin forecasts based on the dollar will underestimate Bitcoin's future ￰6￱ is not the prettiest chart, it looks like it was drawn with a shaky hand, but it shows what would happen if Bitcoin's "value"… ￰7￱ — apsk32 (@apsk32) October 6, 2025 Bitcoin Readies for $145,000 John Glover, Chief Investment Officer of Ledn , argued that, once BTC sets the new high above $125,000, we can expect $145,000 “sometime around the end of year/early next year.” That said, Glover expects to see the emergence of a bear market next year, “which will take us ￰8￱ depth of this sell off is TBD.”) 24h 7d 30d 1y All time Meanwhile, the crypto market sentiment has increased again within the neutral ￰9￱ crypto fear and greed index jumped from 42 on the first day of this month to 59 today .

Notably, this is the highest value seen in 30 ￰10￱ previous day that recorded this value was 15 ￰11￱ Are Strongly Green Moreover, the US BTC spot exchange-traded funds (ETFs) recorded massive inflows on Friday, with $985.08 ￰12￱ cumulative net inflow has surpassed $60 billion and now stands at $60.05 ￰13￱ the 12 ETFs, half saw inflows, and there were no ￰14￱ is at the top of this list again, taking a giant chunk of the day’s total, with $791.55 ￰15￱ next one is Fidelity with $69.58 million. Notably, US spot Bitcoin ETFs drew in $3.24 billion last week, marking the second-largest week of inflows since launching in January ￰16￱ US ETH ETFs also recorded inflows of $233.55 million on 3 October for the fifth day in a ￰17￱ cumulative total net inflow is now at $14.42 ￰18￱ of the nine finds saw positive flows, and none noted negative ￰19￱ leads this list with $206.71 million in inflows, followed by Grayscale’s $17.88 billion.

Meanwhile, the Morgan Stanley Global Investment Committee (GIC) has advised clients to allocate a small portion of their portfolios to cryptocurrency . They’ve recommended between 2% and 4% depending on risk appetite: from wealth conservation at 0% to opportunistic growth at a maximum of 4%. This is ￰20￱ Special Report from Morgan Stanley GIC: "we aim to support our Financial Advisors and clients, who may flexibly allocate to cryptocurrency as part of their multiasset portfolios." GIC guides 16,000 advisors managing $2 trillion in savings and wealth for… ￰21￱ — Hunter Horsley (@HHorsley) October 5, 2025 Quick FAQ Why did crypto move against stocks today?

The crypto market has decreased over the past day, and major stock indexes saw a mixed picture on Friday following new all-time ￰22￱ the closing time on 3 October, the S&P 500 was up by 0.0066%, the Nasdaq-100 decreased by 0.43%, and the Dow Jones Industrial Average rose 0.51%. Notably, the US government shutdown will delay the release of economic data, including the jobs ￰23￱ this dip sustainable? Pullbacks after a rally are expected, and consolidations are often healthy, helping form the base for the next leg ￰24￱ don’t think we’ll be seeing a bear market just ￰25￱ may also like: (LIVE) Crypto News Today: Latest Updates for October 6, 2025 DeFiLlama has removed perpetual futures volume data for Aster, a decentralized exchange backed by figures linked to former Binance CEO Changpeng Zhao, after detecting trading volumes that mirrored Binance's nearly 1:1 across multiple trading pairs.

Co-founder 0xngmi announced the delisting on October 5, 2025, citing concerns over data ￰26￱ to the announcement, Aster's volumes for pairs like XRP/USDT matched Binance perpetual volumes with a correlation ratio of...