Bitcoin Falls to $91k, Sell Pressure Wipes Off 2025 Gain
Bitcoin (BTCUSD) price is down by more than 13% over the last seven trading sessions as negative sentiment persists in the cryptocurrency market in the absence of fresh catalysts to fuel a new rally.
The world’s largest digital asset was caught in a bear trap, with the price fluctuating between $95k and $100k before it hit the bottom at $91k on Monday, trading data obtained from CoinMarketCap.com revealed. At the current level, the token has wiped off its year-to-date gain.
The digital asset opened 2025 at $93,500 has reached $126,600 in the second half of the year before negative sentiment driven by possible slowdown in US Fed rate cut set in.
Trading pattern in the recent weeks showed that the top crypto asset price depreciation reflects a perfect storm of leverage unwinds, institutional caution, and broken technical levels. BTC fell below support and struggling to rebound.
With extreme fear condition, BTCUSD is struggling to keep its $91k price level at the press time with $$1.83 trillion in market capitalisation as trading volume reached $43.16 billion in 24 hours.
The price depreciation posted has plunged total market value of entire crypto down to $3.12 trillion, down by more than 1.65% on the day. BTC has lost about 2% while the crypto market fell 2.02% over the last 24 hours, extending a 12% weekly decline.
Analysts said crypto kissed dust as heavy liquidation. Over $430 million in BTC positions was closed, amplifying selling pressure.
Reports suggest that margin calls forced rapid asset sales, creating a feedback loop. The average funding rate spiked 910% weekly to +0.0069%, indicating overheated leverage before the unwinding.
Bitcoin broke below $92K support last held in April 2025, triggering stop-loss orders. The crypto market cap now trades below its 30-day SMA—the deepest oversold reading since March 2025.
While indicators suggest capitulation, the 24h spot volume fell 33% to $267 billion—thin liquidity risks exaggerated moves. Whether Bitcoin stabilizes or breaks lower will likely depend on this week’s broader risk appetite—and whether Nvidia’s results reignite enthusiasm or deepen the ongoing risk-off mood.
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