#CryptoRegulation Bitcoin Drops Below $102K as ETH, SOL, and DOGE Lead Sharp Crypto Selloff – What Traders Must Know Now

The crypto market is in turmoil today, with over $500 billion wiped from total market capitalization—marking one of 2025’s steepest declines. Bitcoin has plunged below the crucial $102,000 level, currently sitting at $102,180.56, as heavy selling grips global exchanges. (Source: CoinMarketCap)

Top Altcoins Hit Hard:

Ethereum ($ETH) has fallen over 7% in the past 24 hours, now around $2,580, after recently flirting with multi-month highs near $2,700.

Solana ($SOL) is down nearly 3.8%, erasing recent rally gains.

Dogecoin ($DOGE) has dropped about 2.6%, trading at $0.2287 after surging over 10% earlier this week. (Source: FXStreet)

What’s Behind the Crash? Analysts cite a mix of catalysts:

Leveraged Liquidations – Margin calls triggered a cascade of forced selling.

Profit-Taking – Large holders locking in gains after BTC’s recent move toward $105K.

Regulatory Jitters – Global uncertainty dampening risk sentiment.

Technical Cool-Off – A pullback after an overheated three-month rally.

> “The market’s bullish streak in early 2025 made a correction like this almost inevitable,” said an analyst from a major exchange.

What’s Next for Crypto? Despite the panic, many experts still see upside ahead:

Recovery Outlook: Prediction markets give Bitcoin a 58% chance of hitting $125,000+ by year-end. (Source: Sam Essenger)

Support Levels: Analysts view $100,000 as a major psychological and technical floor.

Institutional Moves: ETF inflows are showing signs of resilience despite the turbulence. (Source: Fingerlakes1)

Strategic Insight: With fear gripping retail traders, seasoned investors are eyeing key entry points. Historically, sharp corrections like this have often preceded major upward moves.

Your Move: Are you bracing for more downside or preparing to buy the dip? Share your take as we follow this unfolding crypto shakeup in real time.