📉 Cryptocurrencies sink!

Carnage can be spotted on the cryptocurrency market today. Bitcoin slumping for the second day in a row and in spite of recovering part of losses, still trades around 12% lower today. Bitcoin is trading over 20% off a recent all-time high. A correction from the beginning of January saw price drop as much as 30%. A key level to watch can be found at $45,000, where the lower limit of the Overbalance structure can be found. Breaking below this level may herald a drop towards the previous local high in the $41,500 area.

Bitcoin drops around 12% today. The key support to watch can be found at the $45,000 mark. Source: xStation5

Other cryptocurrencies are also plunging today. Declines in some cases exceed 20%. Source: xStation5

Investors can use CFD contracts on cryptocurrencies to take long positions (if they expect price to rise) or short positions (if they expect price to fall).

21 October 2025, 9:13 AM

Chart of the day: Bitcoin (21.10.2025)

20 October 2025, 3:04 PM

Crypto news: Bitcoin and Ethereum on the rise again 📈

17 October 2025, 5:50 PM

3 markets to watch next week - (17.10.2025)

17 October 2025, 1:48 PM

Bitcoin drops below important support zone 📉

crypto

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📉 Cryptocurrencies sink!

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