Crypto crumbles as anniversary of flash crash nears
60-second summary
Bitcoin plunges from $122,000 to $105,000 on October 10, 2025, echoing the 2022 flash crash as its anniversary approaches, triggering sharp sell‑offs across major tokens. Traders cite algorithmic trading spikes and heightened volatility, pushing Bitcoin below $106,000 and Ethereum near $7,800. The dip fuels broader market caution, likely extending bearish sentiment into the next quarter.
It was October 10, 2025, when bitcoin plunged from about $122,000 to $105,000, with much of the decline occurring within minutes.