The cryptocurrency market is experiencing sharp pangs of volatility today. The market has been experiencing a surge of crypto liquidations, which is humbling the domain, as multiple long positions continue to liquidate at press time. Will the market be able to bounce back to its usual pace soon? Let’s find out.
Also Read: Bitcoin And Ethereum Treasuries May Be The Next Big Thing
Cryptocurrency Market Down: What’s the New Update?
The cryptocurrency market has taken a brief halt, as the domain continues to witness a sharp decline of major crypto assets. The market is currently witnessing a massive pace of liquidations of long positions, with nearly $1,000,000,000 worth of crypto long positions liquidated over the past 30 months.
BREAKING: $1,000,000,000 worth of crypto longs liquidated in the past 30 minutes.
— Watcher.Guru (@WatcherGuru) September 22, 2025
The market has been witnessing a sharp downward spiral for the past 8 hours. Due to these massive liquidations, Bitcoin has once again fallen below the $11300 price level, with ETH and Solana down 7% at press time.
JUST IN: Bitcoin falls under $113,000 pic.twitter.com/Ms7uUS9cV3
— Watcher.Guru (@WatcherGuru) September 22, 2025
The current market downfall has primarily been attributed to the bearish stance caused by the current Fed stance. At the same time, Bitcoin and Ethereum ETF outflows have also caused significant stress on the market, leading the domain to shift its price and adjust accordingly. The major price dump happened around the time when the EU markets opened. Around 2 AM EST, major European markets, including Frankfurt, Paris, Madrid, and Zurich, along with London and UK exchanges, typically open. At the same time, key Asian markets such as Tokyo, Hong Kong, and Shanghai also come online. The overlap of these sessions may have played a crucial role in intensifying the market pressure.
Additional scenarios, such as US regulatory policy uncertainty, may also add significant pressure on the market, triggering a sell-off. Another phenomenon of “selling the news” might also be fueling the current dump. This phenomenon is quite common in the market, where investors sell assets after a major market event.
Major Altcoins Take a Hit
The data from CoinMarketCap is signaling massive price dips, as the majority of the crypto coins witness historic September lows. Per CMC, altcoins like XRP, Dogecoin, Cardano, Tron, and BNB are all down, showing declines ranging from 5% to 10% in the last 24 hours.
Other noteworthy cryptocurrency tokens, including Sui, LINK, and AVAX, are also down, bleeding red while projecting downfalls ranging between 9% and 10%.
Stocks overnight market looking good
— legen 🚀🌕 (@legen_eth) September 22, 2025
Crypto on the other hand is dumping
Why? pic.twitter.com/TDWBsCAwn2
However, amid all the latest crypto crash chaos, Binance’s CEO, Changpeng Zhao, has tweeted a new motivational message for investors. Zhao shared how crypto market dips are actually foundations on which the study of crypto structures is built.
Dips are important for establishing support levels, which are like foundations of a house. 🤷♂️
— CZ 🔶 BNB (@cz_binance) September 22, 2025
Also Read: Bitcoin, Ethereum Near New All-Time Highs: Another Bull Run?