Bitcoin fell below $100,000 for the first time in over four months, wiping out nearly all 2025 gains. The broader cryptocurrency market lost $19 billion in total capitalization, reflecting a sharp correction. Ethereum declined to $3,057 from its all-time high of $4,956, though it later recovered slightly to $3,480. Trading volumes surged across major exchanges, with heightened volatility affecting altcoins as well. Market analysts cited liquidation pressures and profit-taking as contributors to the decline, while investors monitored the $3,000 Ethereum support level closely.