BTC, ETH, and Altcoins Plunged, Why did the Crypto Market Crash Today (12/18)?

Jakarta, Pintu News – Today, the cryptocurrency market came under heavy pressure with price drops on Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). The total crypto market value dropped to around $2.92 trillion, a decline of almost 2%. Weak investor sentiment was one of the main factors influencing this decline.

Bitcoin drops to $86,000 amid liquidation pressure

Bitcoin (BTC) has fallen towards the $86,000 level after a volatile session. There were sharp price fluctuations, with Bitcoin spiking over $3,000 before dropping back down within an hour.

The liquidation of large long and short positions shows how fragile market confidence is at the moment. Analysts state that Bitcoin’s decline is not due to weak fundamentals, but rather to stronger selling pressure than institutional buying.

Also read: XRP is predicted to surpass ETH in 2026, YoungHoon Kim shares his opinion!

Ethereum Corrects Deeper Amid Market Risk-Off Sentiment

Ethereum (ETH) fell more sharply than Bitcoin, with a drop of almost 3% in 24 hours and over 14% in the past week. Like other major assets, ETH was impacted by widespread risk aversion sentiment, rather than specific news about the project. Lower liquidity, profit-taking, and the absence of strong short-term catalysts make Ethereum vulnerable to deeper drawdowns.

Read also: Price of 1 Pi Network (PI) in Indonesia Today (12/18/25)

Crypto RSI enters oversold zone, Bitcoin faces key level of $88,000

Market data shows that the crypto’s Average Relative Strength Index (RSI) is at around 36, signaling oversold conditions. Historically, levels like these often lead to short-term bounces, but analysts warn that volatility could remain high in the near future.

Bitcoin needs to reclaim the $88,000 level to regain momentum. If that fails, analysts are looking at $83,000 and $80,000 as key support zones where liquidity could attract buyers.

Conclusion

For now, fear is still high, prices are under pressure, and investors continue to monitor to see if this drop will turn into a deeper correction or set the stage for the next rebound.

FAQ

Why are Bitcoin, Ethereum, and Ripple prices down today?

Prices fell due to negative global market sentiment, stronger selling pressure, and recent concerns about Bitcoin mining restrictions in China.

What is the total market value of cryptocurrencies today?

The current total market value of cryptocurrencies is around $2.92 trillion, a decrease of almost 2% from the previous time.

What is an ‘oversold’ condition in the context of the crypto market?

An ‘oversold’ condition occurs when the Average Relative Strength Index (RSI) shows a reading below 40, which usually signals that the asset may have been sold too much and could experience a price bounce.

What are the key levels to watch for Bitcoin in the near future?

Key levels to watch are $88,000 for positive momentum, and $83,000 and $80,000 as support zones if prices continue to fall.

How does liquidity affect Ethereum’s volatility?

Low liquidity can increase volatility as larger price movements can occur with a smaller number of trades, making Ethereum more vulnerable to sharp price drawdowns.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coinpedia. Why Bitcoin, Ethereum, and XRP Prices Are Falling Today. Accessed on December 18, 2025
• Featured Image: Generated by AI