Bitcoin and Ethereum prices plunge, erasing gains amid market fears.

Summary: Bitcoin (BTC) briefly fell below $100,000 and Ethereum (ETH) below $3,300, erasing 2025 gains due to market fears and macro pressures.

Reasons: This decline is driven by lingering 'Red October' sentiment, hawkish Federal Reserve comments, reduced spot ETF demand, tight liquidity, and investor risk aversion.

Market Activity: Significant liquidations ($307M+) occurred, impacting major cryptocurrencies.

Analyst Views: Opinions vary from predictions of further decline to viewing this as a temporary correction.

ETF Flows & Forecasts: Recent ETF inflows suggest some recovery, but outlook remains cautious, with lowered long-term BTC price forecasts.

Impact: Investors face losses and potential ongoing volatility due to macro factors and market sentiment.

Impact Rating: 7/10

Difficult Terms Explained: 'Red October': Major October market crash. Deleveraging: Reducing debt by selling assets. Risk aversion: Investors avoiding risky assets. Hawkish commentary: Central bank hints at higher interest rates. Spot ETFs: Funds tracking assets traded on exchanges. Liquidations: Forced closure of losing trades. On-chain flows: Blockchain transaction data. Structural breakdown: Fundamental, long-term market weakness. Corrective phase: Temporary price dip in an uptrend. Maturity era: Asset lifecycle phase with slow growth, low volatility.