The cryptocurrency market faced a major price crash today, Oct. 11, 2025. Bitcoin (BTC) has fallen to the $111,000 price level, and the global crypto market cap has dipped 9.1% in the last 24 hours to $3.84 trillion. VeChain (VET) is also following the market-wide trend. According to CoinGecko data, VET is down 20.1% in the last 24 hours, 24.2% in the last week, 19.8% in the 14-day charts, and 28.2% over the previous month. In this price prediction article, let’s discuss when VeChain (VET) could reclaim the $0.02 price level.
VeChain Price Prediction: Is $0.02 Attainable In October?
Today’s market correction marked the largest single-day liquidation event in crypto history. According to CoinGlass, more than $19 billion was liquidated from the crypto market in the last 24 hours. VeChain (VET) is currently trading at a two-year low.
October has historically been bullish for the crypto market. However, 2025 seems to be going against the pattern. VeChain (VET) experienced a slight rally earlier this month, following Bitcoin’s (BTC) rise to a new all-time high of $126,080. However, the rally was short-lived.
The market dip is likely due to the ongoing trade spat between the US and China. President Trump has imposed 100% tariffs on China and control on software exports starting from November of this year. The move was in response to China limiting its rare earth material exports.
VeChain (VET) could reclaim the $0.02 price level if market conditions improve. Moreover, the Federal Reserve is expected to announce another interest rate cut later this month. Another rate cut could boost investor sentiment.
Also Read: Cryptocurrency Market Faces Major Crash, Bitcoin Falls To $112k
However, the crypto market is still fragile. Investors will likely not make any risky investments just yet. Macroeconomic conditions are also quite weak. Given the larger economic conditions of the world, VeChain (VET) may consolidate before entering a rally anytime soon.