Digital Assets Slump: Bitcoin and Ether Slide, Altcoins Tank Over 10%

Crypto Markets Fall After Fed Rate Cut, $1.5B in Leveraged Positions Liquidated – 22/9/2025

Cryptocurrency markets opened lower Monday as Bitcoin (BTC), Ether (ETH), and other major tokens declined, leading to roughly $1.5 billion in liquidations of leveraged positions.

The drop came despite a Federal Reserve interest-rate cut that was widely expected to be dovish, a move analysts had anticipated would weaken the dollar and encourage greater risk-taking in crypto markets.

“Recent technical signals point to a potential downward trend for Bitcoin,” said Alex Kuptsikevich, chief market analyst at FxPro. “BTCUSD fell out of the upward channel that had been in place since early September, dropped below key horizontal support, and fell under the 50-day moving average.

“This mix of negative indicators suggests further declines are likely unless market sentiment shifts significantly.”