- Bitcoin fell roughly 4% over the past 24 hours to hover just above $80,000, hitting its lowest price level in approximately one month.
- Altcoins suffered heavier losses, with ether and XRP shedding roughly 6% in a single day, while solana tumbled 9%.
- The latest downturn arrives as the market approaches the one-year anniversary of the October 10, 2025, flash crash that rapidly stripped thousands of dollars from crypto asset valuations.
Bitcoin Extends Losses Toward One-Month Low
Selling pressure intensified across cryptocurrency markets on Thursday as an initial modest retreat escalated into a steep intraday drop. Bitcoin fell to roughly a one-month low just above the $80,000 mark. The leading digital asset was down 4% over a 24-hour window, marking a cumulative loss exceeding 8% since it traded near the $87,000 threshold merely four days prior.
The headline retreat in bitcoin masks even steeper drawdowns across major alternative digital assets. The broader altcoin sector experienced sharper declines, with ether and XRP dropping approximately 6% over the preceding 24 hours. Solana faced steeper liquidation pressure, shedding 9% on the day. Over the course of the preceding week, all three major altcoins have logged double-digit percentage declines, reflecting broad-based selling across crypto portfolios.
Echoes of the October 10 Flash Crash
The swift drop in asset prices comes under heightened trader scrutiny as the calendar approaches the one-year mark of the notorious October 10, 2025, market flash crash. During that event, crypto markets experienced an abrupt unraveling shortly after reaching euphoric highs.
Just days before the October 2025 rout, bitcoin had touched a record valuation topping $126,000. In thin Friday evening U.S. trading, the asset tumbled rapidly from around $122,000 to $105,000, with prices falling even lower on specific exchanges as liquidity dried up in a matter of minutes. As the date approaches once more, market participants are observing a fresh wave of rapid distribution across major trading desks.
Why This Matters
The renewed market downturn demonstrates how quickly volatility can compound across the digital asset ecosystem when primary support levels soften. While bitcoin’s drop to just above $80,000 represents an 8% correction from its recent near-$87,000 level, the heavier impact on assets such as solana, ether, and XRP emphasizes the elevated risk profile of altcoins during market-wide pullbacks. Furthermore, historical volatility events—such as the October 10, 2025, crash—frequently influence trader psychology, liquidity availability, and position sizing during comparable calendar windows.
Frequently Asked Questions
How much has bitcoin fallen in recent trading?
Bitcoin declined by 4% over a 24-hour period, slipping to just above $80,000. It has lost more than 8% of its value since nearly touching $87,000 four days earlier.
How are major altcoins performing compared to bitcoin?
Altcoins have endured larger declines than bitcoin. Over a 24-hour period, ether and XRP fell by about 6%, while solana tumbled 9%. Over the prior week, all three recorded double-digit percentage drops.
What occurred during the October 10, 2025, flash crash?
On October 10, 2025, shortly after setting a record high above $126,000, bitcoin plummeted within minutes from roughly $122,000 to $105,000—and even lower on selected exchanges—during thin Friday evening U.S. trading conditions.
