Crypto Price Today: Bitcoin at $91,683; Ethereum at $3,068

This decline reflects weaker sentiment, large liquidations, and uncertainty across global financial markets

The global cryptocurrency market is facing heavy pressure today as major digital coins trade lower and struggle to find stable support. Bitcoin is now priced near $91,683, showing only a small intraday gain after sharp losses over the past week. Ethereum is trading around $3,068.76, also trying to recover after a challenging period. Both assets have moved away from their recent highs, and the overall mood in the market remains cautious.

This decline reflects weaker sentiment, large liquidations, and uncertainty across global financial markets. The environment has shifted rapidly, pushing digital assets into a defensive phase.

Sharp Liquidations Drag the Market Down

A large wave of leveraged long positions has been wiped out, causing a strong downward pull on cryptocurrency prices. More than $1 billion in crypto liquidations has been recorded in recent trading sessions. As positions are forced to close, selling pressure increases and prices move down even faster.

This cycle of liquidations has also affected altcoins. Many smaller cryptocurrencies are experiencing deeper losses as traders reduce risk and withdraw from speculative positions. As liquidity drains from the market, short-term volatility becomes more intense.

Sentiment Turns Fearful Across the Crypto Market

Market sentiment indicators are now showing “extreme fear.” This level of fear usually signals that traders expect more volatility or deeper declines. When confidence drops this sharply, buyers step back and the market begins to behave unpredictably.

The decline is not limited to cryptocurrencies. Global tech stocks and other high-risk assets are also under pressure, which increases caution across all financial markets. As a result, the weakness in crypto is part of a broader shift toward safety.

Macroeconomic and Regulatory Concerns Weigh on Prices

Expectations of a U.S. Federal Reserve rate cut have weakened. Without the hope of lower interest rates, speculative assets often lose support. Higher borrowing costs reduce risk-taking and slow inflows into crypto markets.

At the same time, concerns are rising about the possibility of an “AI bubble” in global markets. Many investors are worried about overvaluation in technology sectors. This fear spreads into crypto trading as the two markets often move together. When technology stocks fall, cryptocurrencies usually follow.

Regulatory uncertainty continues to add pressure. Even small policy shifts or discussions about stricter rules can influence short-term market behavior. In the current environment, traders are reacting strongly to every signal.

Bitcoin Struggles Below $90,000 Before Rebounding Slightly

Bitcoin’s recent drop below $90,000 marked its lowest level since April 2025. Earlier in October, Bitcoin traded near $126,000, meaning the market has now seen more than a 25% decline in just six weeks. The current price of $91,683 shows a slight improvement compared to the lowest point of the week, but the overall trend remains weak.

Technical indicators suggest that major support areas are under pressure. Breaking below them increases the risk of further correction. Traders are watching the $90,000 level closely as any strong fall below it could trigger a new round of liquidations.

Ethereum Moves Sideways Near $3,068 After Major Decline

Ethereum is trading near $3,068.76, well below its August high of about $4,950. The coin has repeatedly failed to break strong resistance levels in recent weeks. This has pushed the price into a lower trading range of $3,000 to $3,500.

The ETH/BTC ratio has also fallen, meaning Ethereum is underperforming compared to Bitcoin. This suggests that traders are shifting funds toward Bitcoin, which is often viewed as a safer asset during periods of uncertainty.

For Ethereum to recover, the market will need clearer catalysts such as major upgrades, improved risk sentiment, or increased institutional activity.

Total Market Value Drops by Over $1 Trillion

The combined cryptocurrency market has lost around $1–1.2 trillion in recent weeks. This decline is one of the sharpest drops since late 2022. Outflows from crypto investment products have increased as institutions reduce exposure.

Crypto-linked mining stocks and blockchain-related companies are also trading lower. Falling Bitcoin prices directly affect mining profitability, and the current environment is raising questions about the sustainability of some operations.

Future Market Trends: Possible Rebound or More Downside?

There are several factors that could help the market recover. If optimism returns around potential interest rate cuts, risk-on assets such as cryptocurrencies could attract new buyers. Institutional interest through ETFs and clearer regulations may also support future growth.

However, risks remain strong. Breaking key support levels, especially around $90,000 for Bitcoin and $3,000 for Ethereum, could lead to deeper declines. Global macroeconomic weakness, ongoing liquidations, and low confidence may keep prices under pressure.

In the short term, the market appears to be stabilizing, but conditions remain fragile.

Final Thoughts

Crypto prices today show a market struggling with uncertainty and heavy selling. Bitcoin near $91,683 and Ethereum near $3,068.76 highlight how deeply the sector has corrected from recent highs. Massive liquidations, weaker sentiment, macroeconomic worries, and technical pressure are shaping the current phase.

The coming weeks will be crucial as traders watch for signals from the Federal Reserve, global tech markets, and major crypto support zones. Until clear signs of recovery appear, the crypto market is likely to continue moving with caution and high volatility.