Why Is Crypto Down Today? – September 25, 2025
- The global crypto market is in the red again, falling 2.2% over the past 24 hours to $3.91 trillion, according to the latest market data.
- Total crypto trading volume is up slightly at $178.5 billion, but price action remains largely negative across major assets.
- Crypto market sees red, with 9 of the top 10 coins down in the past 24 hours;
- Trump’s UN pledge to block West Bank occupation eases short-term geopolitical risks;
What Happened
Nine top European banks unite to launch a euro stablecoin by 2026 under MiCA rules;
Market Context
The global crypto market is in the red again, falling 2.2% over the past 24 hours to $3.91 trillion, according to the latest market data. Total crypto trading volume is up slightly at $178.5 billion, but price action remains largely negative across major assets.
Crypto market sees red, with 9 of the top 10 coins down in the past 24 hours;
Analysts say market is waiting for stronger macro signals before new positioning.
At the time of writing, nine of the top 10 cryptocurrencies by market cap are posting daily losses.
Bitcoin (BTC) is trading at $111,488, down 1.4% on the day and 3.6% over the past week.
Solana (SOL) leads the losses, dropping 5.2% on the day and over 8% on the week, now priced at $201.23.
Despite isolated gains among small caps, the broader market remains under pressure as major assets retrace gains made earlier this month. Traders are watching for signs of stabilization or deeper corrections as macro and regulatory factors weigh on sentiment.
Bitunix analysts say market sentiment stabilized briefly after former US President Donald Trump reportedly assured Arab leaders at the UN General Assembly that he would block any Israeli annexation of the West Bank.
Why It Matters
Trump’s UN pledge to block West Bank occupation eases short-term geopolitical risks;
Trump’s West Bank Pledge Eases Middle East Risk, BTC Eyes Key Levels
Details
TLDR:
BTC at $111,401 and ETH at $4,001;
Fear & Greed Index rises slightly to 41 but remains near fear zone;
BTC spot ETFs see $241M in inflows led by IBIT and ARKB, pushing cumulative inflows to $57.49B;
ETH spot ETFs record $79.36M in outflows, with FETH and ETHA posting biggest redemptions;
Crypto Winners & Losers
Ethereum (ETH) is down 4.2% in 24 hours to $4,006.79, one of the steeper drops among top coins.
Dogecoin (DOGE) also saw a sharp decline, falling 4.9% to $0.2312.
BNB (BNB) is the only major coin showing green, barely up 0.1% to $987.30, despite a 7-day decline of nearly 3%.
Among trending tokens, Aster is down 12.4%, while Undeads Games and Hyperliquid have also slipped.
On the upside, APEX leads the day’s top gainers with an 80.4% surge, followed by PunkStrategy (+32.5%) and Concordium (+8.9%).
Meanwhile, Ethereum’s dip below $4,000 triggered a massive liquidation, with wallet 0xa523 losing their entire 9,152 ETH long position worth $36.4 million. The wipeout brings their total losses to over $45.3 million, leaving the account with less than $500,000 remaining.
The move is being interpreted as a temporary geopolitical de-escalation, described as a “red light” to Israel, and arrives amid renewed calls for Palestinian state recognition.