Bitcoin and altcoins prices fell, bringing the total crypto market under $4 trillion. Polymarket bettors predict a 60% chance of bitcoin dropping below $100,000 by 2026. Bitcoin, ether, and solana slid, with bitcoin falling below $110,000. Crypto stocks like MSTR and CRCL also dropped. The recent sell-off started with $1.5 billion in liquidated long positions. Some experts expect more downturns, advising patience during this volatile period. Options skew indicates defensive positioning, with bearish sentiment prevailing. Spot bitcoin ETFs have gained over $150 billion in assets under management since launching in January 2024. Farrell notes stronger median bitcoin returns at the beginning of the month, attributing it to fund inflows and profit-taking. Crypto enthusiasts look to bitcoin’s post-halving window for hope, as past cycles have seen record highs. Based on previous bear market lows, bitcoin is expected to peak in October, but significant volatility could follow.

Read more at Yahoo Finance: Bitcoin Is Back Below $110,000. Here’s What to Know About the Latest Crypto Sell-Off.