Crypto Crash 2025: Bitcoin Tanks Below $116K; ETH, XRP, SOL, and DOGE Fall Hard; Is This a Buy Opportunity?

In the last 24 hours, the crypto market has seen a major downfall in almost all tokens. Bitcoin price today fell sharply well below the record high level it touched last week. Other leading digital assets like Ethereum (ETH), XRP, Solana (SOL), and Dogecoin (DOGE) are all trading in the red.

The sudden dip in cryptocurrency prices today has rattled investors, sparking renewed concerns about volatility in the crypto market despite recent rallies.

Bitcoin Price Today

The world's largest cryptocurrency, Bitcoin (BTC), slipped 1.99% in the last 24 hours, trading at $115,725.39 with a market capitalisation of $2.30 trillion. Bitcoin price scaled the record high level of $124,000 last week, and the rally has now cooled off with weekly losses of nearly 2.49%.

Market analysts at Coin DCX noted, "BTC is now heading closer to the $115K mark, triggering heavy liquidations. Nearly $100 million worth of long positions have been wiped out in just a few hours."

Ethereum Price Today

The second-largest crypto, Ethereum (ETH), saw a sharper decline, dropping 3.11% in the last 24 hours to $4,334.83. Ethereum's market cap now stands at $523.94 billion, with a trading volume of $20.85 billion. While ETH remains up over 20% on a monthly basis, short-term weakness is keeping traders cautious.

Ripple (XRP) Price Today

Ripple (XRP) extended its bearish run, slipping 3.86% in the last 24 hours to $3.00, with its market cap at $178.66 billion. Weekly losses in XRP price amount to nearly 4%, while its monthly performance shows a steep decline of 12.32%, making it one of the weakest among the top 10 cryptocurrencies.

Solana Price Today

Solana (SOL) faced one of the steepest declines, plunging 4.99% to $183.12. With a market cap of $99.10 billion and a 24-hour trading volume of $3.49 billion, Solana's dip comes after weeks of bullish momentum. However, the token is still up nearly 3.43% on a monthly basis.

Dogecoin Price Today

Dogecoin (DOGE) also fell 3.58% to $0.2254, dragging its market cap down to $34.14 billion. The popular meme coin has seen a 6.65% loss in the past month, although weekly charts show some minor recovery.

Other Cryptos: Binance Coin, Cardano, and TRON Stay Mixed

Binance Coin (BNB): Down 1.31% at $837.11, market cap at $116.94B.

Cardano (ADA) Down 3.23% at $0.9234, though still up 11.24% monthly.

TRON (TRX): Fairly stable at $0.3496, down only 0.24% in the last 24 hours.

Stablecoins like Tether (USDT) and USD Coin (USDC) remained anchored around the $1 mark, showing minimal fluctuations.

Top Gainers and Losers Today

Interestingly, while most Cryptocurrency Prices fell sharply, a few stood out as gainers.

Chainlink (LINK) jumped over 4.5%, leading the altcoin gainers.

Arbitrum (ARB) gained 2.45%, while Virtuals Protocol, UNUS SED LEO, Monero, POL, and SEI each rose over 1%.

On the losing side, Mantle (MNT) dropped 9.73%, followed by Pump.Fun (-8.55%) and Raydium (-8.38%).

Crypto Market Outlook

The crypto market crash today ignited fragile sentiment among investors.

"Bitcoin price is plunging hard after holding strong throughout the weekend; the price is heading towards $115K. On the other hand, the top altcoins also face a strong bearish trend, with Ethereum losing $4400, XRP $3, Litecoin $120, and Solana $190. Meanwhile, after multiple failed attempts to smash $1, Cardano drops to $0.92, and Dogecoin plummets to $0.22. "

"The latest plunge is fuelled by nearly $100 million worth of longs liquidated in the past few hours; however, Metaplanet utilises the buying opportunity and accumulates another 775 BTC. Besides, the spot BTC & ETH ETFs recorded $40 billion in volume, their biggest week ever, and Trump's World Liberty bought 84.5 WBTC and 1,911 ETH. On the other hand, Strategy founder Michael Saylor's post suggests another Bitcoin buy tomorrow. Japan's FSA is set to approve the country's first yen stablecoin, pegged 1:1 to JPY and backed by deposits & GOV bonds." as per the CoinDCX research team.

Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.