Close Menu
Crypto Junction
  • Crypto News
    • News
    • Bitcoin
    • Blockchain
    • BNB
    • Dogecoin
    • Ethereum
    • Litecoin
    • Meme Coins
    • Solana
    • Toncoin
    • XRP
  • Business
  • Markets
  • Regulation
  • Guides
  • Press Release
What's Hot

Tech Giant Google’s Universal Blockchain Ledger Goes Live

September 2, 2025

Nvidia Q2 Earnings Exceed Estimates: Blackwell Powers Market Gains

September 2, 2025

REX-Osprey Moves Forward With SEC Filing For BNB ETF

September 2, 2025
Facebook X (Twitter) Instagram
  • Altcoin News
  • Bitcoin News
  • Dogecoin News
  • Ethereum News
  • Litecoin News
  • Meme Coin News
  • Solana News
  • XRP News
Facebook X (Twitter) Instagram Pinterest Vimeo
Crypto JunctionCrypto Junction
  • Crypto News
    • News
    • Bitcoin
    • Blockchain
    • BNB
    • Dogecoin
    • Ethereum
    • Litecoin
    • Meme Coins
    • Solana
    • Toncoin
    • XRP
  • Business
  • Markets
  • Regulation
  • Guides
  • Press Release
Crypto Junction
Home » Bitcoin Crashes to 11-Month Low—What’s Driving the Price Drop?
Bitcoin

Bitcoin Crashes to 11-Month Low—What’s Driving the Price Drop?

Karly MarieBy Karly MarieOctober 6, 2014Updated:March 6, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Bitcoin Crash CryptoJunction
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin Falls Below $300—What Happened?

Bitcoin is in free fall again. Over the weekend, the cryptocurrency dropped to just $290—its lowest price in almost a year. In just 48 hours, Bitcoin shed 18% of its value, continuing a downward trend that started after its peak at $1,100 last December.

While the price has since bounced back slightly to around $330, the crypto community is left wondering—why the steady decline? And more importantly, is Bitcoin in real trouble?

The Mechanics Behind Bitcoin’s Price Drop

Several factors are contributing to Bitcoin’s slump, but experts believe one of the biggest culprits is Bitcoin mining itself.

Economic historian Garrick Hileman from the London School of Economics explains that miners—who validate Bitcoin transactions using powerful computers—are constantly introducing new coins into the market.

“Approximately every 10 minutes, 25 new bitcoins are mined into existence,” Hileman says. “That’s about 3,600 new bitcoins every day—roughly $1.2 million in new supply.”

Since miners need to cover electricity costs and upgrade their equipment, they sell off some of their newly minted coins. If the market isn’t strong enough to absorb this constant supply, the price inevitably drops.

Bitcoin Crashes Shock CryptoJunction

Did More Merchants Accepting Bitcoin Cause the Fall?

Oddly enough, Bitcoin’s recent adoption by big names like PayPal may have contributed to its decline. When PayPal announced in late September that it would allow merchants to accept Bitcoin, prices saw a brief surge—but that momentum quickly faded.

Some speculated that as more businesses started accepting Bitcoin, more coins entered circulation, increasing supply and pushing prices down. However, Hileman believes this isn’t the primary reason for the long-term slump.

Instead, speculative trading, regulatory concerns, and competition from alternative payment systems (such as faster blockchain networks) are all playing a role in Bitcoin’s continued volatility.

Crypto Bulls Still See the Bigger Picture

Not everyone in the crypto space is worried. Bitcoin investor Roger Ver remains bullish, reminding skeptics that Bitcoin is still up significantly over the past year.

“For anyone complaining about the current price of Bitcoin, remember it has more than doubled over the last 12 months,” Ver tweeted, sharing a graph that showed Bitcoin trading at just $120 a year ago.

So, is Bitcoin’s current dip just another temporary setback, or does it signal deeper trouble for the cryptocurrency? As history has shown, Bitcoin thrives on volatility—but whether it will recover this time remains to be seen.

Bitcoin Bitcoin Investment Bitcoin Mining Bitcoin Price Crash Bitcoin Regulation Blockchain Crypto Market Crypto Trading Cryptocurrency Paypal
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleRetailers Embrace Bitcoin for Everyday Purchases
Next Article Bitcoin Falls $120—Is the Market Losing Interest?
Karly Marie
Karly Marie

Related Posts

Blockchain

Tech Giant Google’s Universal Blockchain Ledger Goes Live

September 2, 2025
Crypto

Crypto Retirement Funds Beckon As Young Brits Cash Out

September 2, 2025
Business

CRO Token Gains Spotlight In Trump Media’s $6.4B Crypto Strategy

September 2, 2025
Add A Comment

Comments are closed.

Trending Posts
News

Ledger Discord Security Breach Exposes User Funds

May 19, 2025

The Inside Story of Mt. Gox: Bitcoin’s $460 Million Disaster

December 20, 2014
Guides

Bitcoin Casinos – A Full Guide to Crypto Gambling

April 19, 2025

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

Crypto Junction, founded in 2014, is one of the original and most trusted sources for cryptocurrency news and blockchain insights. We provide accurate, unbiased, and timely coverage of digital assets, market trends, and industry developments.

All content on Crypto Junction is for informational and educational purposes only and should not be considered financial, investment, or legal advice. Cryptocurrency investments are highly volatile and carry risks. Always conduct your own research before making financial decisions.

We're social. Connect with us:

X (Twitter) Telegram
Top Insights

Tech Giant Google’s Universal Blockchain Ledger Goes Live

September 2, 2025

Nvidia Q2 Earnings Exceed Estimates: Blackwell Powers Market Gains

September 2, 2025

REX-Osprey Moves Forward With SEC Filing For BNB ETF

September 2, 2025
ABOUT
  • About Us
  • Cookie Policy
  • Editorial Policy
  • Investment Disclaimer
  • Press and Media Kit
  • Terms of Service
  • Affiliate Disclosure
  • Contact Us
  • Crypto Marketing
  • Daily Digest News
Telegram X (Twitter)
  • Altcoin News
  • Bitcoin News
  • Dogecoin News
  • Ethereum News
  • Litecoin News
  • Meme Coin News
  • Solana News
  • XRP News
© 2025 Crypto Junction

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 110,043.48
ethereum
Ethereum (ETH) $ 4,303.38
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.80
bnb
BNB (BNB) $ 843.30
solana
Solana (SOL) $ 203.22
usd-coin
USDC (USDC) $ 1.00
staked-ether
Lido Staked Ether (STETH) $ 4,292.56
dogecoin
Dogecoin (DOGE) $ 0.211684
tron
TRON (TRX) $ 0.334878
cardano
Cardano (ADA) $ 0.806469
wrapped-steth
Wrapped stETH (WSTETH) $ 5,207.02
chainlink
Chainlink (LINK) $ 22.37
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 4,635.91
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 110,299.55
ethena-usde
Ethena USDe (USDE) $ 1.00
figure-heloc
Figure Heloc (FIGR_HELOC) $ 0.995789
hyperliquid
Hyperliquid (HYPE) $ 44.98
bitcoin-cash
Bitcoin Cash (BCH) $ 586.20
sui
Sui (SUI) $ 3.25
wrapped-eeth
Wrapped eETH (WEETH) $ 4,613.43
stellar
Stellar (XLM) $ 0.352956
avalanche-2
Avalanche (AVAX) $ 24.38
weth
WETH (WETH) $ 4,299.41
hedera-hashgraph
Hedera (HBAR) $ 0.211783
crypto-com-chain
Cronos (CRO) $ 0.264972
leo-token
LEO Token (LEO) $ 9.51
litecoin
Litecoin (LTC) $ 109.86
usds
USDS (USDS) $ 0.999845
the-open-network
Toncoin (TON) $ 3.09
shiba-inu
Shiba Inu (SHIB) $ 0.000012
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
whitebit
WhiteBIT Coin (WBT) $ 42.12
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 109,955.46
polkadot
Polkadot (DOT) $ 3.74
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.20
uniswap
Uniswap (UNI) $ 9.20
monero
Monero (XMR) $ 268.66
world-liberty-financial
World Liberty Financial (WLFI) $ 0.179073
aave
Aave (AAVE) $ 308.92
dai
Dai (DAI) $ 1.00
bitget-token
Bitget Token (BGB) $ 4.81
ethena
Ethena (ENA) $ 0.652099
pepe
Pepe (PEPE) $ 0.000009
okb
OKB (OKB) $ 176.47
mantle
Mantle (MNT) $ 1.14
ethereum-classic
Ethereum Classic (ETC) $ 20.11
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 249.35
bittensor
Bittensor (TAO) $ 312.22
near
NEAR Protocol (NEAR) $ 2.37
aptos
Aptos (APT) $ 4.21
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.274696
ondo-finance
Ondo (ONDO) $ 0.909644
usdt0
USDT0 (USDT0) $ 1.00
pi-network
Pi Network (PI) $ 0.341708
usd1-wlfi
USD1 (USD1) $ 0.999723
binance-peg-weth
Binance-Peg WETH (WETH) $ 4,297.28
arbitrum
Arbitrum (ARB) $ 0.481908
internet-computer
Internet Computer (ICP) $ 4.71
story-2
Story (IP) $ 7.93
binance-staked-sol
Binance Staked SOL (BNSOL) $ 218.03
memecore
MemeCore (M) $ 1.38
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
kaspa
Kaspa (KAS) $ 0.081266
cosmos
Cosmos Hub (ATOM) $ 4.37
susds
sUSDS (SUSDS) $ 1.07
gatechain-token
Gate (GT) $ 16.88
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 5.41
vechain
VeChain (VET) $ 0.023063
algorand
Algorand (ALGO) $ 0.225687
rocket-pool-eth
Rocket Pool ETH (RETH) $ 4,890.80
fasttoken
Fasttoken (FTN) $ 4.51
kucoin-shares
KuCoin (KCS) $ 14.83
pudgy-penguins
Pudgy Penguins (PENGU) $ 0.028489
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 4,512.89
worldcoin-wld
Worldcoin (WLD) $ 0.86505
render-token
Render (RENDER) $ 3.33
sky
Sky (SKY) $ 0.072998
bfusd
BFUSD (BFUSD) $ 0.999545
kinetic-staked-hype
Kinetiq Staked HYPE (KHYPE) $ 45.10
sei-network
Sei (SEI) $ 0.277481
official-trump
Official Trump (TRUMP) $ 8.26
falcon-finance
Falcon USD (USDF) $ 1.00
stakewise-v3-oseth
StakeWise Staked ETH (OSETH) $ 4,513.14
usdtb
USDtb (USDTB) $ 1.00
liquid-staked-ethereum
Liquid Staked ETH (LSETH) $ 4,644.15
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.591908
filecoin
Filecoin (FIL) $ 2.24
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 109,898.44
bonk
Bonk (BONK) $ 0.000019
jupiter-exchange-solana
Jupiter (JUP) $ 0.478197
flare-networks
Flare (FLR) $ 0.020057
pump-fun
Pump.fun (PUMP) $ 0.004146
quant-network
Quant (QNT) $ 100.43
four
Four (FORM) $ 3.69
polygon-bridged-usdt-polygon
Polygon Bridged USDT (Polygon) (USDT) $ 1.00
xdce-crowd-sale
XDC Network (XDC) $ 0.077545
tether-gold
Tether Gold (XAUT) $ 3,558.64
renzo-restaked-eth
Renzo Restaked ETH (EZETH) $ 4,539.29
hash-2
Provenance Blockchain (HASH) $ 0.026464