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Altcoins Suffer Sharp Declines as Crypto Market Faces Broad Sell-Off

Altcoins Suffer Sharp Declines as Crypto Market Faces Broad Sell-Off

Author:

Global Cryptocurrency

Published:

2025-10-11 05:11:02

17

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BTCCSquare news:

Cryptocurrency markets witnessed a severe correction on October 11, with altcoins bearing the brunt of the sell-off. Numerous tokens plummeted 50-70% in what appears to be a broad-based liquidity crisis across secondary assets.

The bloodbath affected mid-cap and small-cap tokens disproportionately, though Bitcoin and Ethereum showed relative resilience. Market participants cited Leveraged position liquidations and risk-off sentiment across global markets as contributing factors.

By:

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