Bitcoin Price Today: Tumbles Below $65,000
Bitcoin, the most dominant cryptocurrency, dropped below $65,000, marking its lowest value in over a year. The current price of BTC stands at $64,352.40, representing a significant drop of 33.8% over the past year and a loss of nearly 10% within the last 24 hours. The digital asset has experienced stronger price movements since it reached its peak value of $1,26,000 in October 2025. Market participants face challenging times, as they must decide between two options: seizing buying opportunities or navigating market fluctuations.
Broader Crypto Market Performance:
- Ethereum (ETH): $1,908.69 (-8.85%)
- Tether (USDT): $0.9988 (-0.08%)
- Binance Coin (BNB): $619.16 (-10.49%)
- XRP: $1.27 (-12.02%)
- Other Tokens:
- Solana (SOL) < $68
- Dogecoin (DOGE) < $0.09
- Top Gainers:
- MYX Finance: +8.32%
- Decred: +7.81%
Top Losers:
- UNUS SED LEO: -26.2%
- Monero (XMR): -21.29%
- Optimism (OP): -19.28%
- Jupiter: -18.11%
Bitcoin Market Snapshot: Capitalisation, Technicals, and Near-Term Outlook
| Category | Details |
|---|---|
| Market Capitalisation | $1.28 trillion, down 9.78% in 24 hours |
| Trading Volume | $143.98 billion, up 103.09% |
| Bitcoin Dominance | 58.2% |
| Ethereum Dominance | 10.4% |
| Other Cryptocurrencies | 31.5% |
| Liquidations | $1.03 billion in BTC positions liquidated in 24 hours; 89% were long positions |
| Technical Breakdown | Broke below 78.6% Fibonacci retracement at $63,047 on high volume, confirming bearish trend |
| Near-Term Outlook | If $63,047 support holds, relief could push BTC toward $67,020; break below risks slide to $60,074 |
What Sparked the Crypto Crash?
The crypto market has started its chaotic decline, which experts identify as the “capitulation phase” due to increased fear, uncertainty, and doubt (FUD) throughout the system. The market experienced widespread panic when Bitcoin and major tokens collapsed, leading investors to sell their assets after observing the economic downturn and worldwide market instability. The unexpected victory of Trump in the re-election battle created market chaos, prompting traders to seek shelter from the impending threat. The market experienced rapid liquidations of leveraged positions as traders displayed nervousness, resulting in an intensified market decline.
The result? The markets operated like a rollercoaster, with abrupt price declines and frantic buying and selling, while patterns continued changing. Crypto enthusiasts face a challenge that requires them to maintain composure while developing their buying and tracking strategies.
Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
Always bold with her opinions, she also never misses the chance to weave in expert voices, keeping things balanced and insightful. In short, Aishwarya brings a fresh, sharp, and fact-driven voice to every story she touches.
