Bitcoin just plunged below $100K for the first time in months, dragging the entire crypto market into a sea of red. Is this the start of the long-awaited correction?Bitcoin just plunged below $100K for the first time in months, dragging the entire crypto market into a sea of red. Is this the start of the long-awaited correction?

BREAKING: Bitcoin Crashes Below $100K, Panic Grips the Crypto Market

Bitcoin’s bull run hit a brick wall. After weeks of struggle near the $110K–$116K zone, $BTC has finally cracked — plunging below $100K and confirming the biggest correction since mid-2025. 

As panic spreads, altcoins like $Ethereum, $Solana, and $XRP followed suit, recording double-digit losses and wiping billions from the total crypto market cap.

Bitcoin Price Falls Below 100K

The attached chart shows Bitcoin collapsing from $107K straight to $99,300, breaking through all key moving averages.
The 200-day SMA near $109K — once the main line of defense — is now lost, signaling a full-scale trend reversal.

BTC/USD 1-day chart - TradingView

RSI levels have dropped to around 29.9, pushing Bitcoin into oversold territory, while the MACD histogram continues to deepen in negative momentum. The next key support stands around $96K–$93K, followed by a worst-case scenario retest near $88K if selling continues.

Crypto Crash: Market-Wide Bloodbath

According to the latest data, the entire crypto market lost over 10% in 24 hours.
Ethereum tanked 13.8%, BNB fell 10%, Solana collapsed over 23%, and XRP lost nearly 20%.

Bitcoin’s dominance, however, remains stable, showing that altcoins are bleeding even harder than BTC.

Bitcoin Dominance - cmc

Bitcoin Prediction: Recovery or More Pain Ahead?

If BTC stabilizes above $100K, a short-term bounce toward $106K is possible, but resistance remains heavy near $109K and $116K.
If bears keep control, Bitcoin might slide toward $92K–$88K before finding real accumulation support.

While panic dominates social media and exchanges report increased liquidation volume, many analysts warn that this could just be the beginning of a deeper correction.

Market Opportunity
RedStone Logo
RedStone Price(RED)
$0.2147
$0.2147$0.2147
+2.43%
USD
RedStone (RED) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.