The post ‘Uptober’ rally in trouble? Why crypto prices are turning red appeared on BitcoinEthereumNews.com.

Crypto prices opened the week under pressure, with traders turning cautious about Uptober as top tokens slide from recent highs. Summary Crypto prices have dropped 5.6% in the past four days, wiping out $230 billion in market value. Bitcoin slipped from $117,000 to $112,000, while Ethereum and Solana fell sharply. Profit-taking after recent rallies has added selling pressure across major assets. More than $1.7 billion in leveraged positions were liquidated in the past 24 hours. Uptober is just eight days away, a month when Bitcoin has historically logged strong gains, but traders are turning cautious as recent price action signals weakening momentum. The crypto market cap has fallen nearly 4% over the past 24 hours, shedding about $158 billion according to data from CoinMarketCap. Crypto market capitalization chart | Source: CoinMarketCap As the total crypto market cap drops, Bitcoin (BTC) rally has unraveled into a steady retreat. After starting the day above $115,000, the world’s largest cryptocurrency has slipped, dragging as low as $112,000 and leaving it down 2.31% on the day at press time. Other top cryptocurrencies are following a similar slide. Ethereum (ETH) has dropped roughly 6% over the past 24 hours and about 10% over the last week, falling to around $4,200.  Solana (SOL) posted even bigger losses, erasing last week’s gains after climbing from around $230 to above $250. The token is down more than 7% on the day, now trading near $222. Others like XRP (XRP) and (ADA) have also slipped in the broader sell-off, falling about 5% to 6% so far. Why are crypto prices falling? Profit-taking, Fed moves, leveraged wipeouts, and bearish signals are undercutting driving the pullback in prices and undercutting Uptober optimism. The ongoing pullback in crypto prices is likely fueled by profit-taking, as investors appear to be locking in gains…

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Filed under: News - @ September 22, 2025 12:29 pm