Why Is Crypto Down Today? – October 8, 2025

Bitcoin

Cryptocurrency

Ethereum

Market

“While minor corrections remain possible, the broader context continues to favour a bullish fourth quarter,” Bitfinex analysts say.

Journalist

Sead Fadilpašić

Journalist

Sead Fadilpašić

About Author

Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

Author Profile

Share

Copied

Last updated:

10 hours ago

The crypto market is down today, with the cryptocurrency market capitalization falling by 2.2%, now standing at $4.26 trillion. 10 of the top 100 coins have dropped over the past 24 hours. At the same time, the total crypto trading volume is at $240 billion, higher than what we’ve been seeing over the past few days.

TLDR:

The crypto market capitalization is down 2.2% on Wednesday morning (UTC);

90 of the top 100 coins are down, as are 9 of the top 10 coins;

BTC fell 1.8% to $121,788, and ETH is down 4.7% to $4,455;

’The corrective phase is likely behind us’;

’The broader context continues to favour a bullish fourth quarter’;

’The key question for investors is not whether to participate, but when risk begins to outweigh reward’;

US BTC spot ETFs saw $23.81 million in outflows, while ETH spot ETFs recorded $420.87 million in inflows;

S&P Global has launched its S&P Digital Markets 50 Index;

Crypto market sentiment exited the greed zone, dropping back into neutral zone.

Crypto Winners & Losers.

At the time of writing, 9 of the top 10 coins per market capitalization have seen their prices decrease over the past 24 hours.

Bitcoin (BTC) fell 1.8%, currently trading at $121,788.

Bitcoin (BTC)$122,493.30+5.58%24h7d30d1yAll time

Ethereum (ETH) is down by 4.7%, now changing hands at $4,455. This is the second-highest decrease on the list.

Binance Coin (BNB) is the only green coin in the category, having appreciated 4.7% to $1,306.

Dogecoin (DOGE) dropped the most in the same timeframe: 5.7% to $0.2462.

Ethereum’s decrease is followed by Solana (SOL)’s 4.6% to the price of $220.

When it comes to the top 100 coins, 90 have seen drops, the highest of which is Plasma (XPL), with 15.7% to $0.8776.

World Liberty Financial (WLFI) is the only other coin with a double-digit drop: 10.3% to $0.1772.

On the other hand, PancakeSwap (CAKE) is up 11%, now trading at $4.35. It’s the only double-digit increase.

Meanwhile, S&P Global, the company behind the S&P 500 and Dow Jones Industrial Average, has launched its first hybrid benchmark combining cryptocurrencies and crypto-linked equities. The S&P Digital Markets 50 Index will track 50 major components across the crypto economy, including 35 publicly traded companies and 15 cryptocurrencies.

‘Broader Context Continues to Favour a Bullish Q4’.

Bitfinex analysts noted that, following typically weak Septembers, the market often rallies in October, “owing to its strong correlation with traditional finance, the broader liquidity cycle, and options market seasonality.”

Notably, seasonality now supports a bullish outlook for BTC, they argue. Historically, the so-called “Uptoberˮ has delivered positive returns in nine of the past eleven years, with average gains of some 21%.

Moreover, Q4 has consistently been Bitcoinʼs strongest quarter. Average returns for the quarter near 80%.

“While minor corrections remain possible, the broader context continues to favour a bullish fourth quarter....

https://cryptonews.com/news/why-is-crypto-down-today-october-8-2025/

#crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday
***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT!

This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.

bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple

Видео Why Is Crypto Down Today? – October 8, 2025 канала Crypto World Daily