Why Is Bitcoin Price Dropping? Key Reasons Behind the Sudden Crash

Monicah W

Bitcoin Price Prediction

The post Why Is Bitcoin Price Dropping? Key Reasons Behind the Sudden Crash appeared first on Coinpedia Fintech News

Bitcoin’s price has taken a sharp hit, dropping 4% in the past 24 hours and leaving investors worried. The global crypto market lost nearly $99 billion in just 24 hours, bringing the total market cap down to $2.89 trillion. But what is causing this sudden Bitcoin drop? Here’s the key reasons behind the recent market drop.

Uncertainty Over U.S. Government’s Bitcoin Plans

One major reason for Bitcoin’s decline is the significant Bitcoin initially surged to $92,000 following President Trump’s announcement of a U.S. Strategic Bitcoin Reserve. However, the market quickly turned bearish after realizing the executive order did not clarify how the government would acquire more Bitcoin.

The uncertainty surrounding whether the U.S. will buy more Bitcoin or just hold onto its seized BTC has left investors skeptical. Some experts, like Peter Schiff, believe the lack of clear accumulation plans could hurt Bitcoin’s long-term growth.

Bitcoin ETFs See Heavy Outflows

Another reason for Bitcoin’s drop is the significant outflow from Bitcoin spot ETFs. According to Farside data, Bitcoin spot ETFs recorded a massive outflow of $134.3 million. This came right after a day of positive inflows, where Bitcoin ETFs saw $22.1 million entering the market.

Leading the outflows was BlackRock’s iShares Bitcoin Trust (IBIT), which saw a $50.6 million outflow, followed by Grayscale Bitcoin Trust (GBTC) with $34.5 million and Franklin Templeton’s fund with $18 million in outflows. 

No other major ETF recorded a net inflow, indicating strong selling pressure from institutional investors.

Market Liquidations Increase Selling Pressure

Apart from the spot Bitcoin ETF Outflow, increasing market liquidations is leading to massive selling pressure. In the last 24 hours, traders lost a total of $531 million, with long traders suffering the most. Long positions accounted for $398.3 million of these liquidations, while short traders faced $133 million in losses.

A total of 152,576 traders were affected by these liquidations, with the largest single liquidation occurring on Bitfinex’s BTC/USDT pair, valued at $15.40 million. As long positions get wiped out, the selling pressure increases, pushing Bitcoin’s price even lower.

Bitcoin Struggles to Hold Key Support

Lastly, bitcoin technical analysis suggests that BTC is struggling to hold its key support level as of now it is trading just below its key support level of $89,041. If it fails to reclaim this level, further declines toward $85,000 or even $82,761 could occur. 

However, if Bitcoin manages to flip the $90,800 resistance into support, it could attempt a recovery toward $93,625.

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If You Have $5000 and Would Like to Turn it into $5 Million By 2028, Which Are the Best Altcoins to Buy? Top 5 Contenders

Rexas Finance

The post If You Have $5000 and Would Like to Turn it into $5 Million By 2028, Which Are the Best Altcoins to Buy? Top 5 Contenders appeared first on Coinpedia Fintech News

Have you ever asked yourself, “What if I could turn $5,000 into $5 million in the next few years?” That dream, once out of reach, is now looking more realistic thanks to a new wave of promising altcoins. With the crypto market slowly recovering and investors keeping a close eye on solid projects, finding that golden opportunity early can make all the difference.

We’ve put together a list of five altcoins that stand out in 2025—and yes, each one has the potential to make waves by 2028. Some are already well-known giants with growing ecosystems, while others, like Rexas Finance (RXS), are emerging powerhouses gaining traction for the right reasons. Let’s dive into the top contenders.

Rexas Finance (RXS): From $0.20 to $15? A Real-World Asset Revolution

Rexas Finance could be your best option if you’re searching for an undervalued investment with significant potential. Currently priced at $0.20 in its final presale stage, RXS has already seen a 567% increase from its starting point of $0.03. The official listing price, set at $0.25 on June 19, 2025, positions early investors for an immediate 25% gain. Analyzers are predicting, though, a possible rise to $15 by 2028. This price tag represents a startling 7,300% rise, transforming your $5,000 investment into $365,000—and potentially much more if the project gains widespread acceptance.

So, what’s fueling this momentum? Rexas Finance is tackling one of the biggest untapped markets in crypto: real-world asset tokenization. Rexas Finance has made its mark by getting listed on CoinMarketCap and CoinGecko. It has also been Certik-audited, giving investors confidence in the project’s security. Plus, the ongoing $1 million giveaway has generated over 1.9 million entries, with 20 winners set to receive $50,000 worth of RXS each—an initiative that has further expanded the community. With 50,000+ holders already onboard and FOMO growing, Rexas Finance could be the breakout altcoin of this cycle.

Solana (SOL): The Ethereum Rival With Speed on Its Side

Solana continues to impress with blazing-fast transactions and minimal fees. It’s already made a name for itself in DeFi and NFTs. Solana’s ecosystem has grown more robust, more stable, and more developer-friendly following past weathering of network interruptions. Should its pace continue, they predict Solana to trade between $274 and $330 by 2025. Long-term investors, particularly those who purchase when prices are still relatively low, may reap significant profits from such developments.

Cardano (ADA): The Quiet Giant Making Real-World Moves

Cardano is renowned for its peer-reviewed procedures. Analysts estimate that ADA might reach $10 to $20 by 2025. These figures may be conservative if widespread adoption spreads throughout developing countries and institutions. As of this writing, ADA is trading at $0.7084. 

Polkadot (DOT): The Multi-Chain Maestro

Polkadot is a favorite for tech-savvy investors. Its unique architecture allows different blockchains to interact and share data. As the demand for interoperability in Web3 increases, Polkadot’s value is likely to follow. Analysts suggest DOT could reach $100 by 2025, especially if more developers start building cross-chain DeFi and dApps on the platform.

Chainlink (LINK): The Backbone of Smart Contract Data

Chainlink is the go-to oracle network for feeding real-world data into smart contracts. From weather reports to sports scores and financial data, Chainlink powers essential infrastructure across DeFi and Web3. As blockchain adoption expands, so will the need for reliable oracles. LINK is projected to hit $50 to $75 by 2025, offering a substantial upside for believers in data-powered smart contracts.

Final Thoughts: Your $5K Could Change Everything

Selecting the right altcoins today can have a significant impact on your financial future. While blue chips like Solana, Cardano, Polkadot, and Chainlink offer stability and steady growth, Rexas Finance presents an unmatched opportunity for exponential returns. With its real-world utility, community-first approach, and rising demand in a trillion-dollar asset class, RXS is not just another coin—it’s a movement.

The window to enter is closing fast. The final presale stage is 92.39% filled, and the price will jump to $0.25 at launch. The launch could be your final opportunity to experience the surge from $0.20 to $15 and higher. Ready to turn your $5,000 into $5 million? Jump into these top 5 altcoins. Time waits for no investor.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

The post If You Have $5000 and Would Like to Turn it into $5 Million By 2028, Which Are the Best Altcoins to Buy? Top 5 Contenders appeared first on Coinpedia Fintech News
Have you ever asked yourself, “What if I could turn $5,000 into $5 million in the next few years?” That dream, once out of reach, is now looking more realistic thanks to a new wave of promising altcoins. With the crypto market slowly recovering and investors keeping a close eye on solid projects, finding that …

Bitcoin Flashes Signs of $100K Retest: Can BTC Price Meet Buying Demand?

The post Bitcoin Flashes Signs of $100K Retest: Can BTC Price Meet Buying Demand? appeared first on Coinpedia Fintech News

After dropping due to Donald Trump’s tariff plans, which caused an intense market sell-off, Bitcoin is making a strong comeback. It’s now approaching $100,000, its highest level since late February. But fears of a recession could slow down this momentum unless the U.S. and China start talking about tariffs soon. Additionally, the mixed on-chain signals might increase volatility for the $100K level.

Bitcoin’s On-chain Metrics Create Mixed Sentiment

How the tariff talks go could play a big role in whether the economy heads into a recession and in where Bitcoin’s price goes next. Many experts are hoping that trade discussions in May will help calm economic worries. Still, Bitcoin might keep rising even if a recession hits. In the past 24 hours, around $34 million in Bitcoin trades were closed out. Buyers ended $8.5 million in positions, while sellers had to close $25.4 million in bets against Bitcoin.

Also read: Bitcoin Price Prediction 2025, 2026 – 2030: When Will BTC Hit $100k?

Bitcoin is getting close to retesting the $100K mark as investor confidence grows. In the last two weeks of April, large investors bought around $4 billion worth of Bitcoin. At the same time, spot Bitcoin and Ethereum ETFs saw strong inflows, with over $3.2 billion entering the market last week. BlackRock’s Bitcoin ETF alone brought in nearly $1.5 billion, its biggest weekly gain this year.

Additionally, Bitcoin’s netflow is currently negative by $39.79 million, meaning more Bitcoin is being moved out of exchanges than into them. This suggests that more investors are choosing to store their Bitcoin in private wallets instead of keeping it on exchanges. It’s a sign that people are holding onto their coins, which can reduce selling pressure and support Bitcoin’s recovery.

However, Bitcoin risks a “notable increase” in selling pressure around $100K. Glassnode warns that if Bitcoin’s price keeps rising, long-term holders might start selling. Their profits are now close to 350%, a level where they’ve typically sold in the past. If Bitcoin crosses $100K, it could trigger a wave of selling from these older investors.

What’s Next for BTC Price?

Buyers are breaking through Fib levels and they continue to hold the price above EMA trend lines. Bears are now defending any further surges above $98K as BTC faced a rejection recently. As of writing, BTC price trades at $97,182, surging over 0.7% in the last 24 hours.

The rising 20-day moving average at $96,892 and a strong RSI suggest Bitcoin still has room to move higher. If it breaks above $99,500, the price could quickly jump to the key $100,000 level. Sellers will likely put up a strong fight there, but if buyers succeed, Bitcoin might climb to around $103,000.

Also read: Top 8 Bitcoin Price Predictions for 2025 from Institutions You Can’t Miss

On the flip side, sellers may try to drag the price back to the 20-day moving average, which is an important support level. If Bitcoin bounces there, the uptrend stays strong. But if it drops below, it could fall further toward the 50-day average at $92.8K.

The post Bitcoin Flashes Signs of $100K Retest: Can BTC Price Meet Buying Demand? appeared first on Coinpedia Fintech News
After dropping due to Donald Trump’s tariff plans, which caused an intense market sell-off, Bitcoin is making a strong comeback. It’s now approaching $100,000, its highest level since late February. But fears of a recession could slow down this momentum unless the U.S. and China start talking about tariffs soon. Additionally, the mixed on-chain signals …