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Bitcoin extended its three-week decline during the Asian trading session, dropping to 93,000 dollars per coin — its lowest level since late September 2025.

Since reaching its peak in October, Bitcoin has lost about 25 percent of its value, signaling a deepening bear market. Ether has fallen more than 35 percent from its August high of 4,954 dollars. Analysts say that although selling has cooled slightly compared to last week, the market remains in a state of panic.

Although Bitcoin recovered slightly to around 95,600 dollars, it still fell 10.2 percent in seven days. With this, Bitcoin has dropped about 18 percent from the 116,000-dollar level on October 27, and 23.7 percent from the peak of 125,300 dollars on October 7.

Market analysts note that this is one of the sharpest corrections in recent months, erasing more than 600 billion dollars in market value within just five weeks. Bitcoin’s current market capitalization stands at around 1.9 trillion dollars — the lowest since June 2025.

Crypto analysts emphasize that breaking below the psychological threshold of 100,000 dollars has triggered a domino effect across the entire cryptocurrency market.

In this context, Ethereum has fallen 25 percent in three weeks to 3,180 dollars. Solana has dropped 31 percent. Dogecoin has lost 24 percent. Many other tokens and meme coins have also suffered substantial losses.

The Fear and Greed Index, prepared by market experts, dropped to the 15–17 range, signaling “extreme fear” and marking its lowest level since March 2023.