1.2 trillion dollars evaporated over 42 days…"2025-style crypto asset bear market becomes reality"
Suehyeon Lee
Summary
- The crypto asset market reported a market capitalization decrease of $1.2 trillion since early October.
- It said that leverage liquidations, selling by short-term investors, and spot ETF fund outflows collectively drove the market decline.
- Some also projected that if structural liquidations conclude, it could enter mid-term stability.

The crypto asset (cryptocurrency) market has been assessed to have entered a 2025 bear market after experiencing a sharp correction since early October.
On the 18th (local time), Kobeishi Letter reported that over 42 days since October 6, crypto asset market capitalization decreased by about $1.2 trillion, erasing 28% of the total value.
Market analysts say that expanded leverage liquidations, increased selling by short-term investors, and the shift to spot ETF fund outflows jointly drove the steep decline. However, some view that if structural liquidations conclude, it could enter a mid-term stabilization phase.

Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.!['Easy money is over' as Trump pick triggers turmoil…Bitcoin tumbles too [Bin Nansa’s Wall Street, No Gaps]](https://media.bloomingbit.io/PROD/news/c5552397-3200-4794-a27b-2fabde64d4e2.webp?w=250)
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