Market Decline

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A digital screen showing Bitcoin's price drop below $122,000 with declining charts for altcoins in a trading room setting.

Bitcoin falls below $122,000 after record high

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Bitcoin dropped below $122,000 on October 7, 2025, reversing gains from a recent all-time high above $126,000 amid signs of an overheated crypto rally. Altcoins like Ethereum, Solana, XRP, and Cardano saw steeper declines of 3% to 7%, while the total market capitalization fell by about 2% to 4%. Analysts attributed the pullback to high inflows and a mixed U.S. Treasury auction result.

XRP plunges 8% as fed signals and bitcoin weakness hit

Chris Blake

XRP's price fell nearly 8% on October 31, 2025, breaching a key support level amid hawkish Federal Reserve comments and broader cryptocurrency market declines. The token dropped from around $2.65 to $2.48, accompanied by unusually high trading volume. This breakdown highlights ongoing volatility in the crypto sector.

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