Ethereum, the world’s second-largest cryptocurrency, on Friday fell more than five per cent after U.S. President Donald Trump escalated his trade conflict with China. Bitcoin, the world’s largest cryptocurrency by market value, also extended declines.

Ethereum, the world’s second-largest cryptocurrency, fell 5.8 per cent to $3637 at 17:21 (ET). Bitcoin was last down 8.4 per cent at $104,782 as of 17:20 ET (2120 GMT).

Ethereum’s price fell today as markets reeled from broader crypto pullbacks. Analysts point to weakening risk appetite and USD strength as short‑term headwinds. Retail and institutional inflows into spot ETH products have seen intermittent outflows, adding pressure. Standard Chartered recently raised its year-end ETH target to $7,500, citing rising corporate demand, though Citi remains more cautious at $4,300.

Technically, key support lies near $3,500; a break could invite deeper declines, while a rebound may test resistance in the $4,500–5,000 zone.

President Trump on Friday said he was raising tariffs on Chinese exports to the U.S. to 100 per cent and imposing export controls on “any and all critical software” in a reprisal to recently announced export limits by China on rare earth minerals critical to tech and other manufacturing.

The spat shook global financial markets, sending the benchmark S&P 500 Index sliding by more than 2 per cent.

FAQs

Q1. What is world’s largest cryptocurrency?
A1. Bitcoin is the world’s largest cryptocurrency.

Q2. What is world’s second largest cryptocurrency?
A2. Ethereum is the world’s second-largest cryptocurrency.

Bitcoin is likely to plunge below $110,000 mark, a significant shift in the cryptocurrency landscape. On October 11, 2025, Bitcoin opened at $113,758.51 and quickly fell, reflecting a -2.13% decrease in its value. The dip highlights the ongoing volatility in the cryptocurrency market, with liquidations across exchanges contributing to this dramatic decline. Investors are concerned about these fluctuations and their broader implications for the market.

Current State of Bitcoin Price

Bitcoin’s price recently hit a day low of $110,451.01, falling from a high of $113,758.51. The current price is $111,337.51, marking a substantial decline. This shift aligns with a 15.77% drop over the past three months, despite a 32.33% increase over the last six months. These fluctuations demonstrate Bitcoin’s continued instability despite its high year performance. The cryptocurrency’s market cap stands at approximately $2.3 trillion, but this figure fluctuates in sync with its price changes.

Reasons Behind the BTCUSD Decline

The recent downturn can be traced to several factors. Liquidations across major exchanges have significantly impacted Bitcoin prices, triggering stop-loss orders that further drive down the price. Additionally, global economic conditions and regulatory concerns continue to add uncertainty to the market. The recent RSI value of 49.51 implies a neutral stance, showing that the market is neither overbought nor oversold. This indicates possible further volatility in Bitcoin’s pricing. Read more about the latest trends.

Market Reaction and Future Projections

Despite the decline, Bitcoin’s year-on-year change shows a 12.93% increase, pointing to its potential resilience. Analysts forecast a monthly price target of $132,461.27, with projections for a stronger recovery in the months ahead. For long-term investors, the five-year forecast predicts a price of $147,690.77, indicating optimism about Bitcoin’s future prospects. These forecasts highlight potential opportunities for investment amid current market challenges. Additionally, the Awesome Oscillator at 7580.49 shows strong downward momentum, which needs to be monitored closely by investors.

Market Sentiment and Investment Strategy

Market sentiment remains cautious as the MACD indicator shows a disparity of 472.43 between its current level and signal line, indicating a bearish trend. The ATR metric at 3615.38 signifies high volatility, underscoring the need for investors to consider risk management strategies. For those invested in Bitcoin, this environment presents a challenging yet promising landscape to navigate. While short-term volatility is likely to persist, long-term trends may offer potential rewards. Investors ought to weigh these aspects when considering their positions in Bitcoin.

Final Thoughts

Bitcoin may fall below $110,000 amid market turmoil, illustrating the cryptocurrency market’s volatility. However, historical performance and long-term forecasts suggest that Bitcoin could recover. Investors should remain cautious, employing strategic investment approaches to mitigate risks. The current sentiment encourages a balanced view, focusing on both potential opportunities and challenges within the market. For real-time insights, platforms like Meyka can provide valuable analytics to assist in navigating this turbulent environment. As the market evolves, understanding the underlying factors influencing Bitcoin’s price movements will be crucial for making informed decisions.

FAQs

Disclaimer:

This is for information only, not financial advice. Always do your research.

It may be time to call the vet. Because Dogecoin is not doing that well, man. 

Today’s historic market crash caused nearly all digital assets to lose a substantial amount of value. Bitcoin itself saw a 10% drop throughout this Friday, while altcoins took an even harder hit. While the total market capitalization of crypto lost nearly 10% in value, the capitalization of digital assets excluding BTC bled by over 12% in that same timeframe. 

And for DOGE, the memecoin was among the hardest hit. Dogecoin dropped by over 26% in a single day, making it one of the worst-performing large-cap assets in the entire market. Today’s drop drove DOGE to reach one of its lowest values in the year, kickstarting a wave of panic selling and forced liquidations across retail-heavy platforms.

What to Make of Dogecoin’s Drop

A couple of days ago, we talked about how Dogecoin was reaching a make-or-break zone, as an uptrend approached the $0.25 resistance level, forming what looked like an ascending triangle pattern. Well, so much for that! In this pivotal moment for Dogecoin’s price action, it’s clear that it broke — rather than made.

Dogecoin didn’t just fail a breakout at $0.25, however. During its path downward, bears completely broke through several resistances, causing a full structural collapse in DOGE’s short-term price action.

There is a silver lining, though. 

$DOGE dropped as low as $0.15 this Friday, but bulls quickly worked to bring the price back closer to $0.20. What that move also did was give the bulls a better fighting chance, as it brought the currency back above its 3-year uptrend line. 

However, price action will ultimately have little weight against the massive financial repercussions of a new trade war between the U.S. and China. In the short term, Dogecoin may find temporary relief above its long-term trendline, but relief doesn’t mean recovery. In all likelihood, crypto’s recovery will depend on how geopolitical developments unfold over the coming weeks. 

The cryptocurrency market was rocked today as XRP, Ripple’s native token, plunged from around $3 to $2.38 within minutes, erasing much of its recent gains and shaking investor confidence. The sudden crash — a steep 20% decline from its weekly peak — unfolded rapidly during mid-day trading and underscores the ongoing volatility gripping digital assets.

At the time of writing, XRP is trading near $2.36, down roughly 0.16% over the past 24 hours, with intraday lows touching $1.89 — the steepest hourly slide seen in weeks. The dramatic move left traders scrambling and reignited debate over Ripple’s short-term outlook.

Massive XRP Sell-Off Amid Wider Crypto Weakness

The price collapse was not an isolated event. Bitcoin and Ethereum also fell sharply in the same window, driven by a stronger U.S. dollar, rising Treasury yields, and a shift toward risk-off sentiment across global markets. Analysts point to a confluence of macroeconomic factors and internal crypto dynamics fueling the XRP drop.

On-chain data shows that major holders — commonly known as “whales” — initiated large sell-offs during XRP’s recent rally above $3. This triggered a cascade of automated stop-loss orders and liquidations, accelerating the sell pressure. “XRP’s run to $3 looked strong, but underlying sell pressure was building for days,” one analyst said. “When whale movements coincided with macro headwinds, the result was a sharp and sudden reversal.”

Despite the turbulence, some traders note that accumulation among long-term holders has quietly increased, hinting that confidence in Ripple’s fundamentals may still be intact despite short-term volatility.

Ripple Developments and Market Reaction

The crash follows a string of major announcements from Ripple Labs in recent weeks. The U.S. Securities and Exchange Commission (SEC) concluded its multi-year lawsuit against the company in August, with Ripple agreeing to pay a $125 million settlement — a resolution widely seen as clearing a key legal overhang. More recently, Ripple revealed plans to acquire prime broker Hidden Road for $1.3 billion, a move aimed at expanding its footprint in institutional crypto services.

While these developments strengthen Ripple’s strategic position, the near-term price action highlights how quickly sentiment can shift in the crypto market. XRP’s sharp drop also coincided with broader concerns over global economic policy, including new tariff tensions and monetary tightening, further spooking risk-asset investors.

What’s Next for XRP After the Sudden Plunge?

Market analysts are now watching whether XRP can hold key support around $2.30. If that level breaks, a slide toward $2.00 is possible. Conversely, a decisive push back above $2.70 could reignite bullish momentum and restore confidence among retail investors.

For now, traders are bracing for continued volatility. With whale movements, macroeconomic pressures, and sentiment swings all influencing prices, rapid and unpredictable shifts remain the norm. XRP’s fall from $3 to $2.38 in minutes is a stark reminder of how quickly fortunes can change in the crypto market.

The bottom line: XRP’s fundamentals remain strong following its legal victory and strategic expansion plans, but short-term price action is dominated by macro headwinds and large-scale profit-taking. Extreme volatility remains the defining feature of this market — and traders should prepare for more sharp moves ahead.

FYI (keeping you in the loop)-

Q1: Why did XRP crash today?

XRP crashed due to a combination of whale sell-offs, macroeconomic headwinds, and automated liquidations triggered as support levels broke.

Q2: What is XRP’s current price?

As of the latest update, XRP is trading near $2.36 with intraday lows around $1.89 after falling sharply from $3.

Q3: Can XRP recover from this drop?

Analysts say recovery depends on holding support near $2.30 and reclaiming $2.70 resistance. Macro conditions and Bitcoin’s direction will also be key.

Q4: What recent news is affecting Ripple?

Ripple recently settled its SEC lawsuit with a $125 million payment and announced a $1.3 billion acquisition of prime broker Hidden Road.

Q5: What are analysts watching next?

Traders are closely monitoring whale activity, macroeconomic trends, and whether XRP can maintain support above $2.30.

References

Barron’s. (2025). “Bitcoin, Ethereum, XRP Fall. Why Cryptos Are Struggling Today.” October 11, 2025.

Reuters. (2025). “SEC ends lawsuit against Ripple, company to pay $125 million fine.” August 8, 2025.

Barron’s. (2025). “Crypto Firm Ripple To Buy Broker Hidden Road For $1.3 Billion. What It Means For XRP.” October 2025.

⚠️ Disclaimer

The information provided in this article is for informational and educational purposes only and does not constitute financial advice, investment guidance, or a recommendation to buy or sell any cryptocurrency or digital asset. Cryptocurrency markets are highly volatile and subject to rapid price fluctuations. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. The author and publisher assume no responsibility for any financial losses incurred based on the information presented here.

Solana price is testing a key bullish trendline, with participants watching closely to see if support holds or a deeper correction takes shape.

Solana is back in the spotlight as participants weigh whether its long-term bullish trendline can hold firm against growing pressure. After weeks of choppy movement, the price now sits at a key decision point where technical levels and regulatory headlines could shape the next big move.

Solana Price Testing the Bullish Trendline

Solana’s latest dip is dragging the price closer to its bullish fair value gap and long-term trendline support. This zone has repeatedly served as a launchpad, and a clean reaction here could set the tone for a rebound.

Solana price tests its bullish trendline as the market watches for a rebound or deeper move into the $210–$205 support zone. Source: BATMAN via X

If buyers defend this area again, momentum could carry the price back towards the $230 to $235 range. Holding the ascending trendline keeps the broader bullish case intact, and every successful defense strengthens confidence in higher targets. But if support gives way, Solana price could extend lower into the $210 to $205 band, where the next key demand zone sits. That area now stands as the last strong line of defense before opening the door to a deeper correction.

Bearish Daily Structure Raises Risk

On the flip side, ChiefraT says Solana continues to struggle at the $235 ceiling, with rejection signaling weakness in the short-term structure. Multiple failed retests of this level suggest sellers still hold control.

Solana faces repeated rejections at the $235 ceiling, with downside risks pointing towards $200 and below if buyers fail to step in. Source: ChiefraT via X

A move back below $200 remains possible if buyers don’t step in soon. Losing this round of support could turn the focus to $190 to $185, where demand clusters sit. For now, Solana bulls need to quickly reclaim $225 to $228 to avoid letting the bearish setup extend further, as sustained weakness here risks flipping the trend into a deeper correction.

Can SOL React Negatively to SEC ETF Delay?

Markets are also bracing for regulatory headlines, with delays around ETF approvals casting uncertainty. Solana, often more volatile than peers, tends to react strongly to such narratives.

If momentum falters while negative headlines surface, participants may push for a retest of sub-$200 zones. That would not erase the higher-timeframe bullish cycle but could shake confidence in the short term. A confirmed delay could also drain liquidity from altcoins, leaving SOL more exposed than Bitcoin. In that scenario, sentiment-driven selling could exaggerate moves lower, even beyond technical levels.

Key Levels Around $217 in Focus

The $217 mark is becoming the line in the sand for Solana price. It has acted as both resistance and support in recent sessions, meaning the next test here could decide short-term direction.

Solana price eye $217 as the pivotal level, with momentum hinging on whether price rebounds towards $230 or slides towards $210. Source: Ali Martinez via X

A clean rebound sets up a return to $230+, but if this level folds, a slide towards $210 to $208 could follow quickly. Below that, $202 to $200 become the critical zone buyers must hold. For now, traders are treating $217 as the pivot level that will determine momentum in the coming days, with volume around this region likely to show which side has the upper hand.

Final Thoughts: Larger Structure Still Intact

Despite the mixed signals, Solana’s broader structure remains intact. Higher lows continue to form across the chart, leaving the bullish trendline unbroken. This suggests the current weakness could simply be part of a larger consolidation.

Solana current price is $217.98, down -2.79% in the last 24 hours. Source: Brave New Coin

If momentum holds steady, the next Solana leg higher still targets $240 and above. Stronger confirmation would come with a weekly close over $235, which flips resistance back into support. Until then, participants see this pullback as a key test of whether Solana is building fuel for another expansion phase. As long as the higher timeframe structure is respected, the broader cycle remains aligned with bullish expectations into Q4.

Key points:

• Bitcoin has pulled below $116,000, but select analysts expect buyers to step in at lower levels and arrest the decline.

• Select altcoins have reached critical support levels where the buyers are expected to mount a strong defense.

Bitcoin BTCUSD attempted a recovery on Friday, but higher levels attracted selling. That has pulled the price under $116,000 as short-term traders are rushing to the exit.

Analyst Stockmoney Lizards said in an X post that BTC is witnessing a shakeout in both directions. Despite the correction, the analyst remains bullish, expecting BTC to find support around $118,000 to $119,000.

Trader Peter Brandt told Cointelegraph that “BTC could hit a bull market high any day now,” if it follows its historical cycle pattern. However, he added that cycles could change, and there is a 50/50 possibility of that happening. In case of counter-cyclicality, Brandt expects BTC to rally to as high as $185,000.

What are the critical support and resistance levels to watch out for in BTC and the major altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

Bitcoin price prediction

BTC has pulled back under the 20-day exponential moving average (EMA) ($118,807), which is a vital near-term support for the bulls to defend.

If the price rebounds off the 20-day EMA with force, the bulls will attempt to push the BTCUSDT pair to the all-time high of $126,199. A break above the resistance could clear the path for a rally toward $141,948.

On the contrary, a close below the 20-day EMA suggests that the bulls are losing their grip. The pair could then slump to the 50-day simple moving average (SMA) ($114,571). That indicates the Bitcoin price could extend its stay inside the $107,000 to $126,199 range for a while longer. Sellers will seize control on a close below $107,000.

Ether price prediction

The failure of the bulls to push Ether ETHUSD above the resistance line on Wednesday attracted solid selling by the bears.

The Ether price turned down and has reached solid support at $4,060. Buyers are expected to defend the $4,060 to $3,745 support zone with all their might because a drop below it signals a possible short-term top. The ETHUSDT pair could then start a new downtrend toward $3,350.

Buyers will have to push the price above the resistance line to gain strength. The upside momentum is likely to pick up on a close above the $4,750 resistance.

BNB price prediction

BNB BNBUSD has pulled back after a strong rally, but the dip is finding support near the 61.8% Fibonacci retracement level of $1,217.

If the price turns up from the current level, the bulls will attempt to push the price above the overhead resistance of $1,350. If they can pull it off, the BNBUSDT pair could resume the uptrend toward the next target objective of $1,440 and then $1,642.

The bears are likely to have other plans. They will sell the rallies and pull the price below $1,217. If they do that, the BNB price could slip to the 20-day EMA ($1,123), where the bulls are expected to resume their purchases. 

XRP price prediction

XRP XRPUSD has plunged close to the $2.69 support line, which is a critical level for the bulls to defend.

If the price breaks and closes below $2.69, the XRPUSDT pair will complete a descending channel pattern. That could accelerate selling and pull the XRP price to $2.33 and eventually to $2.20.

Buyers will have to push and sustain the price above the downtrend line to prevent the fall. The failure of a bearish pattern is a bullish sign as it traps the aggressive bears, resulting in a short squeeze.

Solana price prediction

Solana SOLUSD bounced off the 50-day SMA ($217) on Wednesday, but the recovery was short-lived as the bears pulled the price below the moving averages on Friday.

The Solana price could drop to the support line, which is a crucial level for the bulls to defend. If the price turns up from the support line and breaks above the moving averages, it signals that the SOLUSDT pair could remain inside the ascending channel pattern for some more time.

Alternatively, a break below the support line suggests that the bulls have given up. That opens the doors for a fall to $175.

Dogecoin price prediction

Dogecoin DOGEUSD has been taking support at the 50-day SMA ($0.24), but the failure to start a solid bounce signals a lack of demand at higher levels.

The bears will try to sink the price to the uptrend line, which is a crucial support to keep an eye on. If the price rebounds off the uptrend line and breaks above the moving averages, it suggests that the ascending triangle pattern remains intact. The DOGEUSDT pair may then climb to $0.27 and later to $0.29.

Conversely, a break and close below the uptrend line invalidates the bullish setup. That suggests the Dogecoin price may continue to oscillate between $0.14 and $0.29 for a few more days.

Cardano price prediction

Buyers tried to push Cardano (ADA) above the moving averages on Wednesday, but the bears held their ground.

Sellers will try to pull the price to the support line of the descending channel pattern, where the buyers are expected to step in.

Contrarily, if the Cardano price turns up from the current level and breaks above the moving averages, it signals buying on dips. That enhances the prospects of a rally above the resistance line. If that happens, the ADAUSDT pair could start an upward move to $0.95 and later to $1.02.

Hyperliquid price prediction

Hyperliquid (HYPE) turned down from the 20-day EMA ($47.26) on Thursday and fell below the $43 support, signaling a negative sentiment.

If the price maintains below $43, the HYPE/USDT pair could drop to the $39.68 level. This is a critical level to watch out for because a close below $39.68 will complete a bearish head-and-shoulders pattern. That may start a downward move to $35.50 and then to $32.

Buyers will have to drive the Hyperliquid price above the moving averages to signal a comeback. The upside momentum could pick up after buyers thrust the price above the $51.87 resistance.

Chainlink price prediction

Chainlink (LINK) is struggling to rise above the resistance line, but a positive sign is that the bulls have not ceded much ground to the bears. 

The bulls will again attempt to clear the overhead barrier. If they manage to do that, it signals that the corrective phase may be over. The Chainlink price could rally to $25.64 and subsequently to $27.

This positive view will be invalidated in the near term if the price turns down and breaks below $21. That could keep the LINKUSDT pair inside the descending channel for some more time.

Sui price prediction

Sui (SUI) has been trading inside a falling wedge pattern, which is typically considered a bullish setup if the breakout happens to the upside.

The bulls and the bears are engaged in a tough battle near the moving averages. If buyers push and maintain the price above the moving averages, the SUIUSDT pair could reach the downtrend line. Sellers are expected to aggressively defend the downtrend line because a break above it opens the doors for a rally to $4 and then to $4.44.

On the contrary, if the price turns down and breaks below $3.30, it suggests that the bears are trying to take charge. The Sui price may then slump to the support line.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.