Bitcoin, Ethereum, Solana Fall. Crypto Fears Persist After Sharp Selloff.
September 24, 2025
Bitcoin and other cryptocurrencies were sliding again Wednesday, with digital-asset investors still on edge after the biggest deleveraging event of 2025.
Bitcoin was down 0.6% to $112,584 over the past 24 hours. Ethereum slipped 0.8% and Solana slumped 4.4%, but XRP bucked the trend with a 0.2% gain.
The cryptos are yet to pare their losses from Monday’s washout, which reflected a buildup in excess leverage following last week’s Federal Reserve decision to cut interest rates by a quarter point.
When borrowing costs slide, safer investments such as bonds and cash offer weaker yields, incentivizing investors to load up on riskier assets like cryptos.
Crypto investors remain wary because the recovery of the market likely depends on Bitcoin holding steady from here.
If the world’s largest token continues to slump, that could spark a flurry of sales by shorter-term investors who tend to have much less tolerance for net losses than longtime crypto bulls.
Write to George Glover at george.glover@dowjones.com
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