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

By Karly MarieOctober 6, 2014Updated:March 6, 20252 Mins Read

Bitcoin Falls Below $300—What Happened? Bitcoin is in free fall again. Over the weekend, the cryptocurrency dropped to just $290—its…

Bitcoin (BTC) $ 118,540.76

Ethereum (ETH) $ 3,696.24

XRP (XRP) $ 3.48

Tether (USDT) $ 1.00

BNB (BNB) $ 796.02

Solana (SOL) $ 200.87

USDC (USDC) $ 1.00

Dogecoin (DOGE) $ 0.262242

Lido Staked Ether (STETH) $ 3,680.71

Cardano (ADA) $ 0.873966

TRON (TRX) $ 0.317312

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 118,449.74

Hyperliquid (HYPE) $ 44.35

Stellar (XLM) $ 0.468815

Wrapped stETH (WSTETH) $ 4,455.66

Sui (SUI) $ 3.97

Chainlink (LINK) $ 19.33

Wrapped Beacon ETH (WBETH) $ 3,970.72

hedera-hashgraph

Hedera (HBAR) $ 0.268845

Avalanche (AVAX) $ 25.35

Wrapped eETH (WEETH) $ 3,954.51

Bitcoin Cash (BCH) $ 524.82

Litecoin (LTC) $ 117.89

Shiba Inu (SHIB) $ 0.000015

LEO Token (LEO) $ 8.98

the-open-network

Toncoin (TON) $ 3.30

WETH (WETH) $ 3,695.61

USDS (USDS) $ 1.00

binance-bridged-usdt-bnb-smart-chain

Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00

Polkadot (DOT) $ 4.46

Ethena USDe (USDE) $ 1.00

coinbase-wrapped-btc

Coinbase Wrapped BTC (CBBTC) $ 118,600.78

WhiteBIT Coin (WBT) $ 44.40

Uniswap (UNI) $ 10.58

Monero (XMR) $ 324.76

Pepe (PEPE) $ 0.000014

Bitget Token (BGB) $ 4.81

Aave (AAVE) $ 303.02

Bittensor (TAO) $ 446.78

crypto-com-chain

Cronos (CRO) $ 0.126144

ethena-staked-usde

Ethena Staked USDe (SUSDE) $ 1.18

Dai (DAI) $ 1.00

NEAR Protocol (NEAR) $ 2.98

Ethereum Classic (ETC) $ 23.94

Pi Network (PI) $ 0.467388

Aptos (APT) $ 5.46

Ondo (ONDO) $ 1.11

jito-staked-sol

Jito Staked SOL (JITOSOL) $ 244.09

internet-computer

Internet Computer (ICP) $ 5.98

Ethena (ENA) $ 0.478861

OKB (OKB) $ 49.30

Kaspa (KAS) $ 0.111389

Mantle (MNT) $ 0.831284

Pudgy Penguins (PENGU) $ 0.044627

Bonk (BONK) $ 0.000036

Algorand (ALGO) $ 0.288548

blackrock-usd-institutional-digital-liquidity-fund

BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00

Arbitrum (ARB) $ 0.467311

VeChain (VET) $ 0.027447

Worldcoin (WLD) $ 1.31

Render (RENDER) $ 4.52

Cosmos Hub (ATOM) $ 5.04

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.249043

binance-peg-weth

Binance-Peg WETH (WETH) $ 3,703.72

USD1 (USD1) $ 1.00

Official Trump (TRUMP) $ 10.91

gatechain-token

Gate (GT) $ 17.83

Artificial Superintelligence Alliance (FET) $ 0.794527

Sei (SEI) $ 0.345719

binance-staked-sol

Binance Staked SOL (BNSOL) $ 213.14

Filecoin (FIL) $ 2.87

Fasttoken (FTN) $ 4.50

jupiter-exchange-solana

Jupiter (JUP) $ 0.615141

SPX6900 (SPX) $ 1.96

sUSDS (SUSDS) $ 1.06

Flare (FLR) $ 0.026008

Sky (SKY) $ 0.084464

kelp-dao-restaked-eth

Kelp DAO Restaked ETH (RSETH) $ 3,863.56

rocket-pool-eth

Rocket Pool ETH (RETH) $ 4,205.45

lombard-staked-btc

Lombard Staked BTC (LBTC) $ 118,345.71

Fartcoin (FARTCOIN) $ 1.63

jupiter-perpetuals-liquidity-provider-token

Jupiter Perpetuals Liquidity Provider Token (JLP) $ 5.20

XDC Network (XDC) $ 0.095314

Celestia (TIA) $ 2.14

KuCoin (KCS) $ 12.06

Story (IP) $ 4.98

injective-protocol

Injective (INJ) $ 14.95

USDtb (USDTB) $ 1.00

FLOKI (FLOKI) $ 0.000148

first-digital-usd

First Digital USD (FDUSD) $ 0.999222

stakewise-v3-oseth

StakeWise Staked ETH (OSETH) $ 3,885.24

Stacks (STX) $ 0.870635

curve-dao-token

Curve DAO (CRV) $ 1.00

mantle-staked-ether

Mantle Staked Ether (METH) $ 3,957.67

USDT0 (USDT0) $ 1.00

Optimism (OP) $ 0.777976

NEXO (NEXO) $ 1.33

liquid-staked-ethereum

Liquid Staked ETH (LSETH) $ 3,990.04

Pump.fun (PUMP) $ 0.003676

polygon-bridged-usdt-polygon

Polygon Bridged USDT (Polygon) (USDT) $ 1.00