Halloween Crypto Bloodbath: Bitcoin Plunge Accelerates as Ethereum Support Cracks - Is This The Bottom?

Digital assets face terrifying October finale as major cryptocurrencies tumble through key levels.

BITCOIN BREAKDOWN ACCELERATES

The flagship cryptocurrency continues its descent, wiping out another layer of buyer support as Halloween trading turns truly frightening.

ETHEREUM'S FOUNDATION CRUMBLES

ETH-USD charts show critical support levels evaporating faster than candy on trick-or-treat night, leaving traders scrambling for cover.

MARKET PSYCHOLOGY SHATTERED

Investor confidence takes another hit as the seasonal sell-off deepens, proving once again that in crypto, the only thing scarier than ghosts is volatility.

Traditional finance guys are probably enjoying their pumpkin spice lattes while watching this carnage - at least their biggest fear is just missing quarterly targets.

Why the Helloween Crypto Crash Happens

The current crypto crash likely appears out of leverage trading as exchanges aim to liquidate longers. According to Coinglass, about $890 million in liquidations hit the market within a day, with more than 80% coming from long positions. This is a massive flush.

(source –)

Historically, such a washout clears the decks for healthier runs later. While smaller investors are panic-mashing the sell button, whales are quietly buying more. We have seen this same movie before.

BREAKING

TOM LEE'S BITMINE JUST BOUGHT ANOTHER $166 MILLION WORTH OF $ETH.

SMART MONEY IS BUYING THE DIP. pic.twitter.com/fnQLB7YJBM

— DustyBC Crypto (@TheDustyBC) October 31, 2025

Geopolitics is not currently helping either. When Trump hinted at new tariffs on China, global markets shuddered, and the Bitcoin price fell nearly 18% from its highs. But since then, Trump and Xi Jinping have made nice again, and China’s back to buying US soybeans. This is good as it lowers inflation pressure and might give the Fed more flexibility down the road, which usually bodes well for crypto.

DISCOVER: 10+ Next Crypto to 100X In 2025

Still Bullish For Bitcoin Price and ETH USD Despite the Drops

Here’s the part most people miss. Nothing fundamental has broken. The ETH USD chart still mirrors earlier bull market corrections. The bitcoin price might even eye $115,000 resistance soon. Institutional money is quietly flowing back in, with up 20% for October, and Solana’s ETF hype hasn’t cooled off.

True that this has been a scary Halloween for crypto. But the data says this is a reset, not a funeral. The crypto crash may shake confidence, but it’s probably setting up the next big rally.

DISCOVER: Best Meme Coin ICOs to Invest in 2025

Join The 99Bitcoins News Discord Here For The Latest Market Updates

What is Concordium Crypto? CCD Price Slams +28% – Is CCD Next 1000X Crypto?

The hunt for the next 1000x crypto has taken a new twist, as Concordium (CCD crypto) has experienced a significant price surge, gaining more than 20% in the past 24 hours. The CCD price jump has reignited speculation that this under-the-radar Layer-1 blockchain could be the next breakout in the regulated DeFi and enterprise blockchain space.

As trading volumes soar and partnerships expand globally, investors are beginning to ask: Is Concordium crypto just another short-term pump, or is it the real deal with long-term potential?

Read the full story.