Bitcoin falls 10% in one week as extreme fear grips markets; crypto market sheds $1.1 trillion in 41 days

Ethereum slipped 12% in one week to $3,183, while major altcoins such as XRP, BNB, Tron, Solana, Dogecoin, Cardano, and Hyperliquid edged down over 16%. The global crypto market capitalisation fell 0.71% to $3.23 trillion, according to CoinMarketCap.

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CoinDCX Research Team said that the crypto market sentiments have slipped to extreme fear as Bitcoin price slips below $95,000 while the altcoins manifest strength as the Ethereum price holds above $3000, while XRP is trading around $2.23. Solana slipped slightly below $140, BNB fell under $1,000, and Cardano is trading below $0.50.

“Strategy founder Michael Saylor denied reports of dumping Bitcoin amid the BTC price plunge, claiming to have purchased it every day. The crypto market erased $1.1 trillion over 41 days and is now sitting 10% below record liquidation levels from October 10th as BTC price briefly wipes all 2025 gains. The XRP ETF debuts with record-breaking $250 million inflows and $58 million trading volume, outshining all the other ETF launches. Meanwhile, BTC ETFs bleed $866 million in the second-worst day on record following government shutdown concerns, while analyses remain bullish,” CoinDCX Research Team further added.

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In the past 24 hours, Bitcoin slipped 0.77%, while Ethereum fell 0.25% to $3,184. Among major altcoins, all except XRP declined—BNB, Solana, Tron, Dogecoin, Cardano and Hyperliquid dropped nearly 2%. XRP, however, inched up 0.17% over the same period.

Riya Sehgal, Research Analyst, Delta Exchange, says that crypto markets have shifted into a clear risk-off sentiment, moving in tandem with the broader pullback across global assets and the sharp rise in volatility, including more than $700 million in liquidations over the past day, shows traders rapidly scaling back leverage as expectations around monetary easing and near-term liquidity soften.

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Bitcoin on-chain patterns point to measured profit-taking by long-term players, behaviour that typically appears in the later stages of an expansionary phase; technically, BTC remains constrained beneath major moving averages, with immediate resistance around $101,500–$103,200 and key support near $98,500 and a clean break of that floor could open room toward the mid-$96,000s, Sehgal said.