Crypto Rollercoaster: $162B Wiped Out, EU Banks’ Euro Coin & $400K NFT Heist (Sept 29–30, 2025)
Bitcoin and Ethereum extended their late-September sell-off into a sharp dip. Reuters tallied that Bitcoin briefly fell to about $111,000 and Ethereum to ~$4,000 economictimes.indiatimes.com. Many altcoins were hit even harder: meme and speculative tokens like Worldcoin, FLOKI and Dogecoin plunged over 9% on the week, while XRP and Solana fell 4–7% economictimes.indiatimes.com. In total, roughly $162 billion of crypto value was wiped out in late September as traders liquidated positions economictimes.indiatimes.com. Analysts reported over $1.7B in leveraged long positions liquidated in those days economictimes.indiatimes.com. This volatility is partly seen as a “technical shakeout” after recent rallies, though it coincided with profit-taking before month-end and broader risk-off mood.