Crypto Market Crash Updates: Will Solana Crash Below $100 as Bitcoin Falls Under $80K?

The crypto market just shed over 5% in value, with Bitcoin dipping below $80K and Ethereum sliding under $1,700. Solana is now trading at $107. So will SOL crash below $100?

Rudy Fares

Rudy Fares

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Categories: AltcoinsSolanaBitcoinBitcoin Newsbitcoin crash reasoncryptocrashcrash

Bitcoin and Ethereum Break Key Levels

The recent pullback across the crypto market set off alarms for investors and traders alike:

Bitcoin dropped below the crucial $80,000 level

Ethereum fell beneath $1,700, losing a long-standing support zone

By TradingView - ETHUSD_2025-04-06 (5D)
By TradingView - ETHUSD_2025-04-06 (5D)

The overall crypto market cap plunged by 5.38% in a matter of hours

This synchronized downturn is more than just a minor correction—it’s a market-wide shakeout that could spiral if bulls fail to regain control.

Why Is the Market Falling?

While no single headline triggered the drop, analysts point to a mix of catalysts:

  1. Profit-taking after strong Q1 gains
  2. ETF inflows cooling off, especially for Bitcoin
  3. Macroeconomic uncertainty, including upcoming inflation data and potential interest rate hikes
  4. Weak altcoin structure, with ETH losing ground fast

Together, these factors are fueling a cautious and risk-off approach from investors.

Can Solana Hold the $100 Mark?

Solana has held relatively strong compared to other altcoins this year. But with prices now at $107, the risk of a break below $100 is increasing.

Key levels to watch:

  • $100 – Psychological and technical support
  • $95–$88 – Secondary zones from previous demand
  • $80 – A potential worst-case scenario if BTC crashes further

While some traders may see sub-$100 as a buying opportunity, the sustainability of any bounce depends on how Bitcoin performs in the coming days.

By TradingView - SOLUSD_2025-04-06 (5D)
By TradingView - SOLUSD_2025-04-06 (5D)

What Happens Next?

This isn’t a market crashyet—but it's a warning shot.
If Bitcoin fails to reclaim $80K and continues heading toward $76K–$74K, altcoins will likely bleed further. Ethereum’s weakness is particularly alarming for the altcoin market overall.

However, a quick recovery above $80K could reverse some damage and reestablish short-term bullish sentiment.

By TradingView - SOLUSD_2025-04-06 (YTD)
By TradingView - SOLUSD_2025-04-06 (YTD)

Bottom Line

The crypto market is in correction mode, and Solana sits on the edge.
If Bitcoin continues to slide, a drop below $100 for SOL is very likely. But if BTC regains strength quickly, Solana may hold the line—and even bounce.

For now, traders should brace for volatility and closely monitor the $100 zone.

By TradingView - SOLUSD_2025-04-06 (All)
By TradingView - SOLUSD_2025-04-06 (All)
Rudy Fares
Article By

Rudy Fares

Equity Trader, Financial Consultant, Musician and Blockchain Aficionado. I spend my time doing Technical and Fundamental Analyses for Stocks, Currencies, Commodities and Cryptocurrencies.

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