Crypto collapse: Bitcoin slides under 113,000 USD, hope for October!

Crypto collapse: Bitcoin slides under 113,000 USD, hope for October!

On October 6, 2025, the crypto market is under considerable sales pressure. Bitcoin, the leading cryptocurrency, fights on the 113,000 USD mark. The market is Volatil because Bitcoin and important old coins such as Ethereum, Solana and Ripple record weekly losses between 4 and 10 percent. This follows a turbulent week in which more than 1.7 billion USD was liquidated in positions. Bitcoin itself currently acts at $ 112,786, a decrease of 3.5 percent compared to the previous week, before it reached a maximum of over 118,000 USD last week and fell for a short time under $ 112,000.

Many traders are cautiously optimistic and expect a possible recovery in October, which is historically considered a bullish month. A rise above USD 113,500 could indicate a recovery, while a fall below USD 111,000 is not out of the question. Still, sellers are currently dominating the market, fueled by heavy outflows from exchange-traded funds.

Development of the main currencies

Ethereum is also located in a downward trend and fell from a very close to $ 4,700 to a current low of $ 4,174. This development is displayed by a relative strength index (RSI) of 39.95, which indicates a possible over -sale condition. Solana has lost almost 10 percent in the past seven days and is currently at around $ 211. Ripple shows a decline of 4.7 percent and currently notes at $ 2.87.

• Bitcoin (BTC): 112.786 USD (-3,5% in der letzten Woche)
• Ethereum (ETH): 4.174 USD (von 4.700 USD gefallen)
• Solana (SOL): 211 USD (-fast 10% in der letzten Woche)
• Ripple (XRP): 2,87 USD (-4,7% in dieser Woche)

At least some winners

Despite the general downward trend, some old coins record surprising profits. Binance Coin (BNB), for example, shows an increase of around 3 percent a day, while other old coins such as Mantle and Cake have profits of up to 5 percent. Aster (Aster), which is the largest winner of the day with an increase of 35 percent, is particularly remarkable. These outliers could indicate that despite the market uncertainty, there are niches that show potential.

The waves of uncertainty that currently dominate the crypto market could continue as long as the sales pressure continues. Dealers and investors will be observed closely whether the forecast recovery will arrive in October or whether the market continues to go into a downward movement. Reports for more information on the current market situation Crypto News.