The crypto market experienced a dramatic crash in mid-October 2025, wiping out an estimated $19 billion in leveraged positions within 24 hours. Bitcoin plummeted to below $105,000. Ethereum followed suit, falling below the $3,500 mark as many altcoins suffered even deeper losses. Dogecoin, Avalanche (AVAX), and HYPE were hit hardest during this sell-off. The crash coincided with heightened political tensions in the US, including escalating tariffs between the U.S. and China and a government shutdown that affected regulatory bodies like the SEC and CFTC. 3. 0However, on-chain data suggests investors remain involved with Bitcoin, suggesting a potential recovery phase. Many traders see this dip as an opportunity to enter the market or even buy crypto ahead of a price rebound. This volatility is leading to new buying strategies for crypto traders. 0, Learn more about the full market breakdown in our blog: expert insights, investor sentiment and why volatility may signal opportunity.