factors behind this week\u2019s decline and what might come next.<\/a><\/p>\nINFLATION JITTERS SHAKE RATE CUT BETS<\/p>\n
One of the biggest pressures on the market right now comes from rising inflation expectations in the United States. The New York Federal Reserve\u2019s latest survey showed that Americans expect prices to climb faster, with one-year-ahead inflation expectations rising to 3.4%, up from 3.2% last month \u2014 the highest in three and a half years.<\/p>\n
This makes the US Federal Reserve\u2019s plan for rate cuts more complicated. If inflation stays sticky, the Fed may keep interest rates higher for longer. That typically strengthens the US dollar and weakens riskier assets such as Bitcoin, Ethereum, and Solana.<\/p>\n
In simple terms, investors are now adjusting to the idea that rate cuts may not come soon \u2014 and Bitcoin is paying the price.<\/p>\n
Sumit Gupta, Co-founder of CoinDCX, said, \u201cBitcoin price continues to plunge for the second consecutive day, indicating a significant rise in the bearish influence over the crypto markets. As BTC price drops below $121,000, Ethereum heads close to $4,350, XRP below $2.8, and Solana below $220.\u201d<\/p>\n
TECHNICAL WEAKNESS AND LIQUIDATIONS<\/p>\n
From a technical perspective, Bitcoin has hit a major resistance zone above $124,000, where traders have often taken profits. As a result, buying momentum has slowed, and prices have started to cool off.<\/p>\n
When Bitcoin slipped below $122,000, a wave of liquidations followed \u2014 over $688 million worth of leveraged long positions were wiped out within a day. Such chain reactions tend to drag down other cryptocurrencies too, deepening the fall across the market.<\/p>\n
Ryan Lee, Chief Analyst at Bitget, said, \u201cThe crypto pullback today isn\u2019t a surprise. Surging prices in the recent week planted seeds of caution. As traders harvest profits, momentum slows. Combined with macro headwinds and stretched positioning, what we\u2019re seeing is more correction than collapse.\u201d<\/p>\n
He further explained that multiple factors have added to the pressure. \u201cOverbought conditions showed the market was due for a reset. Then came the liquidations and fresh uncertainty from US data and Treasury auctions demanding higher yields. Even ETF delays and policy ambiguity in Washington are feeding sentiment fatigue,\u201d Lee added.<\/p>\n
RISK-OFF MOOD AND ETF OUTFLOWS<\/p>\n
The broader risk-off tone in financial markets has also spilled into crypto. Institutional investors have reportedly reduced their exposure, with ETF outflows signalling that big players are taking profits or sitting on the sidelines for now.<\/p>\n
Meanwhile, increased volatility in BNB-linked meme coins and worries about wash trading in crypto derivatives have raised red flags among traders, adding to overall caution.<\/p>\n
As confidence dips, short-term traders are becoming more defensive, while long-term investors are waiting for clearer signals before stepping back in.<\/p>\n
WHAT\u2019S NEXT FOR BITCOIN?<\/p>\n
Despite the current weakness, analysts still believe Bitcoin\u2019s long-term structure remains positive. The token is testing its support zone near $120,000, and if it holds, a rebound towards $144,000 remains possible in the coming months.<\/p>\n
However, volatility may persist in the near term as markets digest inflation data, central bank cues, and on-chain movements.<\/p>\n
In simple terms, this looks less like a crash and more like a healthy pause \u2014 a period of cooling off before Bitcoin\u2019s next big move.<\/p>\n
– Ends<\/p>\n
Published By: <\/p>\n
Jasmine anand<\/p>\n
Published On: <\/p>\n
Oct 10, 2025<\/p>\n","protected":false},"excerpt":{"rendered":"The crypto market is facing yet another slump, falling 1.06% in the past 24 hours, in line with…\n","protected":false},"author":2,"featured_media":112777,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175],"tags":[214,69803,64422,1178,79,69801,69802,69805,18,19,17,69804,188],"class_list":{"0":"post-112776","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-bitcoin","9":"tag-bitcoin-price-today","10":"tag-bitcoin-prices","11":"tag-btc","12":"tag-business","13":"tag-crypto-prices","14":"tag-crypto-prices-today","15":"tag-dogecoin","16":"tag-eire","17":"tag-ie","18":"tag-ireland","19":"tag-latest-bitcoin-price","20":"tag-markets"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/112776","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=112776"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/112776\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/112777"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=112776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=112776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=112776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}