September Crypto Crash Wipes Out $300B — Bitcoin Targets $90K Next?

The crypto market shed over $300 billion in capitalization this week, with Bitcoin leading the decline as cascading liquidations, thin liquidity, and bearish sentiment crushed valuations.

Scale of the Crash

This week’s rout marked one of the largest single-week drawdowns of 2025. The decline was fueled by widespread margin calls and overextended leverage, which forced traders out of positions and created a chain reaction across exchanges.

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Bitcoin in the Spotlight

Bitcoin’s price tumbled toward $105K and briefly threatened the $100K mark. Analysts suggest that if bearish momentum continues, a test of the $90K zone is possible, where large clusters of liquidation orders and historical demand overlap.

Can BTC Recover?

Despite the sell-off, some market strategists remain cautiously optimistic. They argue that institutional inflows into spot ETFs and long-term holders accumulating coins could provide a floor once forced liquidations subside. For now, the next sessions will determine whether Bitcoin can stabilize or face deeper pain.

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