As of today, September 23, 2025, the cryptocurrency market is showing some ups and downs, with Bitcoin dropping below $113,000. This comes after a wave of profit-taking and concerns over potential government sales of seized crypto assets.

For complete newbies and baby boomers just dipping their toes into crypto, this might sound alarming—like the “crashes” you hear about in the news. But let’s break it down simply, without the jargon. First, what happened? Bitcoin, often called “digital gold,” fell to around $112,000 early this week, leading to over $1 billion in liquidations (that’s when traders’ positions are automatically closed due to big price swings).

This is the biggest such event of 2025 so far, wiping out about $1.7 billion across the market.

Ethereum and XRP are also feeling the pressure, with Ethereum breaking down structurally and XRP turning bearish, potentially pushing Bitcoin toward $107,000 if the trend continues.

Why is this happening? Several factors are at play. Traders are cashing in profits after recent highs, and there’s talk of U.S. government actions that could flood the market with more Bitcoin. Plus, upcoming events like Federal Reserve Chair Jerome Powell’s speech could sway investor sentiment.

For beginners, think of it like the stock market: prices fluctuate based on news, supply, and demand. Crypto is more volatile because it’s still young and influenced by global events.But here’s the good news for folks over 45 or new to this: Dips like this can be buying opportunities if you’re in it for the long haul. Bitcoin has bounced back from worse in the past, and experts see potential for recovery if positive data emerges this week. Remember, don’t invest more than you can afford to lose, and focus on basics like secure wallets and scam avoidance. At Simply Learn Crypto, we make sense of these swings in plain English. Check out our free “Bitcoin Basics for Beginners 45+” guide or chat with the Steve Lyons AI Agent for instant answers. Ready to learn more? Enroll in our Online Academy or join the 3-day live course in Moraira—earlybird pricing ends October 15th!