Crypto Market Slides as Bitcoin Nears $112K, Ethereum Dips Below $4.1K
Bitcoin down 0.73%, Ethereum slips 1.27%, Solana and XRP fall amid steep volume declines. Market reacts to regulatory and macroeconomic pressures on Sept 24, 2025.
Crypto Market Weakens: Bitcoin Nears $112K, Ethereum Slides Below $4.1K — September 24, 2025, 9:30 AM IST
Wednesday opens with cryptocurrency prices retreating amid sharply lower volumes, reflecting cautious investor sentiment amid persisting regulatory and macroeconomic pressures:
- Bitcoin (BTC) drops 0.73% to US$112,000, with volume plunging 41.03% to US$516.11M. The funding rate remains steady at 0%, indicating absence of speculative extremes despite price softness.
- Ethereum (ETH) declines 1.27% to US$4,100, on a 46.08% volume drop to US$421.64M. Funding rate is stable at 0.02%, suggesting measured selling amid broader market pullback.
- Solana (SOL) falls 4.36% to US$208.07, with volumes halving (-50.81%) to US$207.56M. Funding at 0.48% shows continued speculative interest albeit in a weaker market environment.
- XRP declines 1.89% to US$2.813, volume down 37.05% to US$168.8M. Funding rate remains moderate at 0.36%, highlighting cautious positioning.
- Avantis (AVNT) holds relatively firm with a 4.34% gain at US$1.898 despite a 22.58% volume reduction; funding rose to 3.16%, indicating leveraged speculation in a volatile market.
Market Insights
- September’s volatility spike continues, impacting prices and volumes sharply as investors grapple with macroeconomic uncertainties and regulatory debates.
- Bitcoin and Ethereum hover near support levels, with Solana and XRP reflecting broader risk-off rotation and reduced liquidity.
- Avantis shows resilience, signaling appetite for selective altcoins amid market stress.
LuwakTech analytics provide timely volume, funding, and price insights crucial for navigating this ongoing market turbulence and identifying recovery opportunities.