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

Coinbase User James Harper Case Rejected By US Government

June 2, 2025

REX Shares Files SEC to Launch Ethereum Staking ETFs

June 2, 2025

Trump Media Raises $2.44 Billion for Bitcoin Treasury Plan

June 2, 2025
Facebook X (Twitter) Instagram
  • About Us
  • Contact Us
  • Terms of Service
  • Privacy Policy
X (Twitter) Telegram
Crypto 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 Price Plunge Sparks Fresh Market Crash Fears
Bitcoin Blockchain Crypto

Bitcoin Price Plunge Sparks Fresh Market Crash Fears

Karly MarieBy Karly MarieJanuary 14, 2015Updated:March 6, 20252 Mins Read
Twitter Telegram Copy Link Pinterest LinkedIn Facebook Reddit
Share
Twitter Telegram Facebook Pinterest Copy Link

Bitcoin has suffered a dramatic 27% drop in just two days, reigniting fears of yet another major cryptocurrency crash. The cryptocurrency, which traded at $267 per coin on Tuesday, plummeted to $195 by Wednesday afternoon—marking an 80% decline from its all-time high of $1,150 in November 2013.

Unlike previous Bitcoin crashes, which followed speculative bubbles, this downturn appears to stem from a consistent price decline since June 2014, suggesting a broader structural issue within the crypto market.

Why Is Bitcoin Crashing?

Experts believe that a “squeeze” on Bitcoin miners may be one of the primary reasons behind the sharp sell-off. Greg Schvey, a partner at cryptocurrency data firm TradeBlock, explains:

“People have these very real fiat-based liabilities that they have to pony up for, and to do that, they’re going to have to sell Bitcoins.”

Many mining companies borrowed real money to build their server farms and are now being forced to sell off reserves to repay their loans, accelerating Bitcoin’s decline.

Hacks Shake Confidence in Crypto

Bitcoin’s security vulnerabilities have also contributed to the latest price slump. In early January, Bitstamp, one of the largest crypto exchanges, suffered a hacking attack resulting in the theft of $5.6 million worth of Bitcoin.

While this breach was smaller than the Mt. Gox disaster, where $460 million vanished in 2014, it has shaken investor confidence once again, making Bitcoin’s recovery even more difficult.

Is Blockchain the Future?

As Bitcoin struggles, some crypto proponents are shifting focus to blockchain technology, the decentralized ledger that powers Bitcoin. Some argue that while Bitcoin may falter, blockchain could revolutionize industries beyond finance.

“If Bitcoin is just an application, like email, then the blockchain is like the whole internet,” say blockchain advocates.

However, with an 80% collapse in Bitcoin’s value, many remain skeptical about whether blockchain alone can weather the storm.

Is this the beginning of the end for Bitcoin, or will it rise again?

Bitcoin Bitcoin Mining Bitcoin Price Drop Bitcoin Volatility Blockchain Crypto Market Crypto News Cryptocurrency Crash
Share. Telegram Twitter LinkedIn Pinterest Facebook Reddit Copy Link
Karly Marie
Karly Marie

Related Posts

REX Shares Files SEC to Launch Ethereum Staking ETFs

June 2, 2025

Trump Media Raises $2.44 Billion for Bitcoin Treasury Plan

June 2, 2025

Dogecoin Slides 8%, Pepe Drops in Weekend Crypto Sell-Off

June 2, 2025

Phishing Attacks Hit Top Crypto Exchanges

May 25, 2025
Trending Posts

5 Secrets to Building a Buzzing Crypto Telegram Community

April 28, 2025

$589 on XRPL: The Lore-Driven Memecoin Poised for Its Next Big Move

February 6, 2025

Etoro Shares Hit $4.3B Valuation

May 14, 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

Coinbase User James Harper Case Rejected By US Government

June 2, 2025

REX Shares Files SEC to Launch Ethereum Staking ETFs

June 2, 2025

Trump Media Raises $2.44 Billion for Bitcoin Treasury Plan

June 2, 2025
ABOUT
  • About Us
  • Cookie Policy
  • Editorial Policy
  • Investment Disclaimer
  • Press and Media Kit
  • Terms of Service
  • Affiliate Disclosure
  • Contact Us
NEWSLETTER

Subscribe to Updates

Get the latest crypto news and updates direct to your inbox - we don't spam

X (Twitter) Telegram
  • 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) $ 105,003.13
ethereum
Ethereum (ETH) $ 2,624.74
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.20
bnb
BNB (BNB) $ 665.87
solana
Solana (SOL) $ 153.65
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.190018
tron
TRON (TRX) $ 0.272627
cardano
Cardano (ADA) $ 0.673704
staked-ether
Lido Staked Ether (STETH) $ 2,621.88
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 104,898.11
hyperliquid
Hyperliquid (HYPE) $ 35.44
wrapped-steth
Wrapped stETH (WSTETH) $ 3,164.72
sui
Sui (SUI) $ 3.18
chainlink
Chainlink (LINK) $ 13.86
avalanche-2
Avalanche (AVAX) $ 20.17
stellar
Stellar (XLM) $ 0.267249
leo-token
LEO Token (LEO) $ 8.91
bitcoin-cash
Bitcoin Cash (BCH) $ 401.48
the-open-network
Toncoin (TON) $ 3.21
shiba-inu
Shiba Inu (SHIB) $ 0.000013
usds
USDS (USDS) $ 0.999949
hedera-hashgraph
Hedera (HBAR) $ 0.168396
weth
WETH (WETH) $ 2,626.83
wrapped-eeth
Wrapped eETH (WEETH) $ 2,804.19
litecoin
Litecoin (LTC) $ 88.55
polkadot
Polkadot (DOT) $ 4.03
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
monero
Monero (XMR) $ 318.52
ethena-usde
Ethena USDe (USDE) $ 1.00
bitget-token
Bitget Token (BGB) $ 4.73
pepe
Pepe (PEPE) $ 0.000012
pi-network
Pi Network (PI) $ 0.650036
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 104,805.08
whitebit
WhiteBIT Coin (WBT) $ 31.34
aave
Aave (AAVE) $ 265.42
uniswap
Uniswap (UNI) $ 6.34
dai
Dai (DAI) $ 1.00
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.18
bittensor
Bittensor (TAO) $ 379.93
aptos
Aptos (APT) $ 4.81
okb
OKB (OKB) $ 50.12
crypto-com-chain
Cronos (CRO) $ 0.100528
near
NEAR Protocol (NEAR) $ 2.45
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
internet-computer
Internet Computer (ICP) $ 5.29
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 185.30
ethereum-classic
Ethereum Classic (ETC) $ 17.34
ondo-finance
Ondo (ONDO) $ 0.83088
susds
sUSDS (SUSDS) $ 1.05
tokenize-xchange
Tokenize Xchange (TKX) $ 31.21
gatechain-token
Gate (GT) $ 19.22
mantle
Mantle (MNT) $ 0.665321
kaspa
Kaspa (KAS) $ 0.083534
usd1-wlfi
USD1 (USD1) $ 1.00
official-trump
Official Trump (TRUMP) $ 10.90
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.799022
vechain
VeChain (VET) $ 0.023831
render-token
Render (RENDER) $ 3.79
cosmos
Cosmos Hub (ATOM) $ 4.30
ethena
Ethena (ENA) $ 0.318521
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.215553
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 104,715.06
fasttoken
Fasttoken (FTN) $ 4.42
worldcoin-wld
Worldcoin (WLD) $ 1.13
arbitrum
Arbitrum (ARB) $ 0.362143
filecoin
Filecoin (FIL) $ 2.59
quant-network
Quant (QNT) $ 117.40
algorand
Algorand (ALGO) $ 0.191463
first-digital-usd
First Digital USD (FDUSD) $ 0.996977
binance-peg-weth
Binance-Peg WETH (WETH) $ 2,627.80
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.44
jupiter-exchange-solana
Jupiter (JUP) $ 0.517853
usdtb
USDtb (USDTB) $ 1.00
celestia
Celestia (TIA) $ 2.17
kucoin-shares
KuCoin (KCS) $ 11.16
binance-staked-sol
Binance Staked SOL (BNSOL) $ 162.14
usdt0
USDT0 (USDT0) $ 1.00
nexo
NEXO (NEXO) $ 1.25
sonic-3
Sonic (S) $ 0.391772
rocket-pool-eth
Rocket Pool ETH (RETH) $ 2,985.75
bonk
Bonk (BONK) $ 0.000016
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 1.82
injective-protocol
Injective (INJ) $ 12.13
flare-networks
Flare (FLR) $ 0.017755
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 2,740.98
blockstack
Stacks (STX) $ 0.750909
story-2
Story (IP) $ 4.06
optimism
Optimism (OP) $ 0.632919
spx6900
SPX6900 (SPX) $ 1.16
sei-network
Sei (SEI) $ 0.194379
immutable-x
Immutable (IMX) $ 0.551679
binance-bridged-usdc-bnb-smart-chain
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
vaulta
Vaulta (A) $ 0.624935
xdce-crowd-sale
XDC Network (XDC) $ 0.060259
paypal-usd
PayPal USD (PYUSD) $ 0.999666
mantle-staked-ether
Mantle Staked Ether (METH) $ 2,800.36
solv-btc
Solv Protocol BTC (SOLVBTC) $ 105,003.13
polygon-bridged-usdt-polygon
Polygon Bridged USDT (Polygon) (USDT) $ 1.00