• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Markets Cryptos

Bitcoin drops to $109K as crypto market loses $200 billion

Olumide Adesina by Olumide Adesina
September 26, 2025
in Cryptos, Markets, Spotlight
Bitcoin symbol with red arrow indicating price drop.
Share on FacebookShare on TwitterShare on Linkedin

Bitcoin fell to a four-week low, dipping just below $110,000, as the cryptocurrency market shed $200 billion in market value.

Investors pulled $253 million from U.S. spot Bitcoin ETFs on Thursday, raising total weekly outflows to nearly $480 million. The heavy withdrawals coincided with Bitcoin slipping below key support levels on Friday, intensifying bearish sentiment.

Market watchers note that Bitcoin’s sharp drop comes amid a broader sell-off across digital assets, fueled by concerns over macroeconomic conditions and heightened volatility. Traders are increasingly cautious as the market braces for a wave of expiries and liquidations.

RelatedStories

Ethereum gains 3.8% as SEC drops its investigation on status of asset 

Sustainability of PoS ethereum and competitive pressures on price

September 4, 2025
ETFs, Crypto Market

Bitcoin surges past $104K as markets react to US-China trade progress 

May 11, 2025

Fear index is high in the crypto market 

The crypto bloodbath pushed the Crypto Fear and Greed Index to Extreme Fear territory. The Crypto Fear and Greed Index is now at 29, down 16 points from the previous day. This means that as the market approaches Extreme Fear territory, it has formally entered a state of fear.

Bitcoin has dropped 2.1 per cent, below the $110,000 mark.  BTC may be able to retest the $109,700 to $109,800 range as soon as possible if it can break through the 30-day moving average at $109,526.

The Crypto Fear and Greed Index decreased by 16 points from the day before, according to CoinGlass data, as Bitcoin maintained price moderation.

The Crypto Fear and Greed Index last entered Extreme Fear territory following a string of significant token crashes and market liquidations.

CoinGlass data shows that as Bitcoin continues its sharp decline, the Crypto Fear and Greed Index has fallen 16 points from the previous day.

The index shows that following a string of market liquidations and major token crashes, the cryptocurrency market is currently in a state of fear. The Crypto Fear and Greed Index last entered Extreme Fear territory in April 2025 and mid-February 2025, shortly after President Donald Trump’s “Liberation Day” blanket tariffs rocked the cryptocurrency market.

The cryptocurrency market valuation sank to $3.8 trillion. The mass liquidations began earlier this week, when the market dropped below $4 trillion because of several long positions being liquidated.

Hot macro data has crushed hopes for a rate cut, and traders are reevaluating risk, which has put huge pressure on the cryptocurrency market.

Bitcoin has fallen below $110,000 ahead of a $22 billion monthly options expiry amid rising volatility and $1 billion long positions liquidated.

Ethereum’s decline also accelerated, plunging below $4,000 support level.

In addition, Solana dropped below $200 support line as ETF speculation slows down, and XRP has plummeted, pulling down stocks linked to cryptocurrencies. Rapid unwinding and concentrated selling across sectors are reflected in these actions.

Traders watch whether important supports hold as crypto-based options expire.

XRP is trading at $2.76, down 4% in the last day and 9% in the week. Solana is down 6 per cent at $195 over the past day and 20.24 per cent over the week.

Less interest in Bitcoin ETFs 

There were withdrawals from each of its competitors’ ETFs: Fidelity, Bitwise, ARK 21Shares, Franklin, VanEck, and Grayscale.

The cooling comes after two extremely successful months for Bitcoin ETFs, with inflows totaling over $57 billion. BlackRock has not experienced an outflow day in three weeks, so it’s not all bad news. BlackRock’s IBIT was the only fund to see an inflow with $78 million coming into the product yesterday.

According to ETF specialist Eric Balchunas, “this is a covered call Bitcoin strategy to give BTC some yield.”. “It’s noteworthy that BlackRock is launching another Bitcoin product, which, in my opinion, indicates they are going to build around BTC and ETH and lay off the rest, at least for the time being, given all the other coins that are about to be ETF-zed,” he continued. As a result, the competition for these other coins is considerably more open. “. 

A similar $251 million outflow on Ethereum yesterday put spot ether funds in the red as well. The asset has plummeted by double digits in less than a week, leaving $547 million in ETH funds for the week thus far.

On a more positive note, the Securities and Exchange Commission met with issuer VanEck on Thursday to discuss tokenizing ETFs.


Follow us for Breaking News and Market Intelligence.
Tags: Bitcoin (BTC)Coinglass dataCrypto Market
Olumide Adesina

Olumide Adesina

Olumide Adesina is a financial market writer, analyst and investment trader. Message Olumide on Twitter @Olumidecapital

Related Posts

Ethereum gains 3.8% as SEC drops its investigation on status of asset 
Corporate Updates

Sustainability of PoS ethereum and competitive pressures on price

September 4, 2025
ETFs, Crypto Market
Cryptos

Bitcoin surges past $104K as markets react to US-China trade progress 

May 11, 2025
Bitcoin whales takes full advantage of price dip, acquires 71,000 BTC in one week 
Cryptos

Bitcoin dips below $75k amid trade war turmoil 

April 7, 2025
Bitcoin, Silver
Cryptos

Bitcoin surges past $86,000 as crypto market gains momentum 

March 24, 2025
Crypto trading volume declined by 21.8% in June marking third month of decline
Cryptos

Crypto market dips as trading volume drops by 2.83% to $61.3 billion 

February 17, 2025
Crypto trading volume declined by 21.8% in June marking third month of decline
Cryptos

Crypto market suffers $920 billion liquidation in 24 hours 

January 28, 2025
Next Post
National Pension Commission

PENCOM’s new guidelines: Ambition, risks and the fine print 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

arco
arco
access bank
nairametrics
first bank









DUNS

Recent News

  • Rencap projects 2million bpd by 2026 for Nigeria 
  • Aradel Holdings rated ‘Buy’ by Rencap with N1,040 target 
  • NDLEA rolls out e-portal to process visa clearance, drug test certificates 

Follow us on social media:

Recent News

Nigeria’s oil sector records –0.85% growth in Q3/2023 

Rencap projects 2million bpd by 2026 for Nigeria 

October 21, 2025
Analysts issue ‘Buy’ recommendation for Aradel Holdings, project 12-month target price  

Aradel Holdings rated ‘Buy’ by Rencap with N1,040 target 

October 21, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics