Crypto Market Meltdown: $160 Billion Wiped Out as Bitcoin & Ethereum Plunge – What’s Behind the September Slump?
A late September 2025 crypto sell-off erased over $150 billion from the market in days, with Bitcoin briefly dropping below $112,000 and Ethereum under $4,000. Nearly $1 billion in leveraged positions were liquidated within 24 hours, accelerating the decline. The sell-off followed rising U.S. government shutdown fears, a stronger dollar, and cautious signals from the Federal Reserve.