Crypto Market in Red: Bitcoin Falls Below $107K, Altcoins Follow the Slide
📅 Date: October 17, 2025
🕒 Source: Binance Market Data, CoinDesk
The global crypto market witnessed a sharp decline today as Bitcoin dropped below $107,000, while Ethereum also fell under pressure amid widespread selling. Analysts attribute the fall to macro uncertainty and large-scale liquidations across exchanges.
🔹 Bitcoin ($BTC ) – Down 2.4%, trading near $106,800
🔹 Ethereum ($ETH ) – Down 1.9%, hovering around $3,950
🔹 Altcoins – XRP, ADA, and $SOL all reported weekly losses over 15%
🔹 Total Market Cap – Slipped below $3.8 trillion
Meanwhile, reports suggest that BlackRock, Binance, and Coinbase collectively moved over $1.1 billion worth of Bitcoin within just six hours — sparking fears of further short-term volatility.
💬 Question for You:
Do you think this is just a correction — or the start of a deeper crypto pullback?
