{"id":43690,"date":"2025-09-22T11:35:24","date_gmt":"2025-09-22T11:35:24","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/09\/22\/crypto-crash-why-are-bitcoin-and-altcoins-like-ethereum-xrp-cardano-hype-going-down\/"},"modified":"2025-09-22T11:35:24","modified_gmt":"2025-09-22T11:35:24","slug":"crypto-crash-why-are-bitcoin-and-altcoins-like-ethereum-xrp-cardano-hype-going-down","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/09\/22\/crypto-crash-why-are-bitcoin-and-altcoins-like-ethereum-xrp-cardano-hype-going-down\/","title":{"rendered":"Crypto crash: Why are Bitcoin and altcoins like Ethereum, XRP, Cardano, HYPE going down?"},"content":{"rendered":"
<\/div>\n

A crypto crash is happening, with Bitcoin plunging below $115,000, and most altcoins like Ethereum (ETH), XRP, Cardano (ADA), and Hyperliquid (HYPE) going down by over 4%. This article explores some of the top reasons why the crypto market is going down today.<\/p>\n

Crypto crash is happening as investors sell the news\u00a0<\/h2>\n

One reason for the ongoing crypto crash is that investors are selling the Federal Reserve interest rate cut<\/a> news.<\/p>\n

The Federal Reserve decided to slash interest rates by 0.25% in the last meeting on Wednesday, with officials hinting that more cuts will be coming in the next meeting.<\/p>\n

Stephen Miran, the newest Fed official who was appointed by Donald Trump, voted to cut interest rates by 0.50% in this meeting, a move that likely caught the attention of the president, who may appoint him as the Federal Reserve chair.<\/p>\n

Federal Reserve interest rate cuts are bullish for risky assets like cryptocurrencies, which explains why most of them rose before and after the Federal Reserve slashed interest rates on Wednesday.<\/p>\n

Now, however, investors are selling the news after the Federal Reserve slashed interest rates as they now wait for the next important catalyst. This is a common occurrence in the market, where investors sell assets after a major event.<\/p>\n

Soaring liquidations in the crypto market<\/h2>\n

The crypto market is also soaring as investors react to the soaring liquidations in the crypto market.<\/p>\n

CoinGlass data shows that liquidations jumped by almost 400% on Monday to over $631 million. Ethereum liquidations jumped to over $182 million, while Bitcoin ones soared to $69 million. Other top liquidations were coins like Dogecoin, Solana, XRP, and Aster.<\/p>\n

Over 218,000 traders were liquidated on Monday, with the biggest one being a Bitcoin trader whose trades worth over $12 million were liquidated. Historically, crypto prices plunge when investors are being liquidated, as this forces them to sell their assets to cover.<\/p>\n

Bitcoin price crash and risky pattern <\/h2>\n
BTC price chart | Source: TradingView<\/figcaption><\/figure>\n

Meanwhile, the crypto market is also plunging because Bitcoin has failed to move above $117,000 despite the recent interest rate cut in the United States and other countries.<\/p>\n

Worse, as the chart above shows, Bitcoin price has been forming a huge rising wedge pattern on the weekly chart, which may lead to a prolonged bear market. If this happens, it means that most cryptocurrencies will drop as well because of the correlation that happens between Bitcoin and the crypto market.<\/p>\n

The post Crypto crash: Why are Bitcoin and altcoins like Ethereum, XRP, Cardano, HYPE going down?<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

A crypto crash is happening, with Bitcoin plunging below $115,000, and most altcoins like Ethereum (ETH), XRP, Cardano (ADA), and Hyperliquid (HYPE) going down by over 4%. This article explores some of the top reasons why the crypto market is going down today. Crypto crash is happening as investors sell the news\u00a0 One reason for <\/p>\n","protected":false},"author":1,"featured_media":43691,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-43690","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/43690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=43690"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/43690\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/43691"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=43690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=43690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=43690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}