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From Bitcoin$BTC to Ethereum$ETH and popular altcoins, prices are going down - what’s causing this drop? Is it a short slump or a sign of bigger trouble? Cryptocurrency market has faced a sharp downturn in September 2025, with over $160 billion wiped out in just a few days. Major coins like Bitcoin, Ethereum, and many altcoins lost significant value, sparking concern among investors and traders. Bitcoin dropped below $111,000 from a recent peak of $124,000 in August, while Ethereum fell below $4,000 after weeks of relatively steady trading. Altcoins such as Cardano, Dogecoin, and Shiba Inu also took bigger hits, reflecting worries among investors over market stability. This massive selloff, sometimes referred to as "Red September," has been triggered by several key factors. A strong U.S. dollar, influenced by geopolitical tensions and disappointing U.S. jobs data, made cryptocurrencies less attractive as investors flocked to safer assets. Regulatory uncertainty in the U.S. and Europe, especially around stricter rules for crypto exchanges and anti-money laundering measures, added to investor caution. Additionally, large liquidations of leveraged positions, totaling over $1.65 billion, forced many traders to sell their holdings quickly, amplifying the price drops. Despite this volatility, some altcoins like Avalanche and XRP have shown resilience amid the wider market selloff. Still, the overall total market capitalization has fallen to around $3.8 trillion, erasing most of the gains made earlier in the month. Trading volumes have also declined sharply, signaling less buying interest and higher nervousness among both retail and institutional investors. Bitcoin, Ethereum, and other coins performance Bitcoin, the largest cryptocurrency by market capitalization, traded between roughly $108,600 and $110,039 in the last 24 hours, currently standing near $109,145. Its market cap remains robust at approximately $2.18 trillion, although trading volume fell by 14% over the last day. Despite September traditionally being a weak month for Bitcoin with an average monthly loss of about 8.7% in recent years, this September has bucked the trend somewhat, with Bitcoin showing an overall gain of around 8%—its second-best September performance since 2012. However, the price remains below its August peak of $124,000, representing a decline of about 10% from that high.

$DOGE is sitting right at the make-or-break zone. Support at 0.23 is holding strong inside the ascending channel. If buyers step in here, I’m looking for a clean retest at 0.28, and if momentum kicks in, the real breakout target sits around 0.43. But if 0.22 fails, we could quickly slide back into the 0.17–0.15 demand zone before bulls reload. This is classic consolidation before the next explosive move — either a squeeze higher or a flush lower. I’m watching closely. Let’s go and trade now $DOGE 🚀

$DOGE Lookin Interesting. #Doge was consolidating in Symmetric channel and break above it on 8 September, after the breakout It surge Nearly 32% and faced Resistance price level at 0.3$. During the Downtrend of $BTC Doge again got drop to 0.22$. Doge retested the trend line and Support at 0.221$ and made a small pullback from the suppport price. At the time of writing this Doge is trading at 0.23$. If Bitcoin start pump or remain stable Doge might start pumping again. The next resistance are 0.26$ and 0.3$.

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