Crypto Market Loses $2 Trillion, Saylor Stays Bullish

Crypto Market Loses $2 Tln, Michael Saylor Explains Why 1 hour ago By Rupam Roy Rupam Roy Sub-Editor Expertise : Crypto, Blockchain, Web3, Artificial Intelligence (AI), Global News, Stock Market Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam's expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news. Rupam's career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience. Read full bio Why Trust CoinGape CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy , our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information. Highlights The crypto market has lost over $2 trillion since October amid sustained selling pressure. Michael Saylor dismisses crash fears, calling it temporary capital rotation. The recent Bitcoin ETF outflows might also have contributed to the losses. AD Get $10 Instantly + $50 Trial Access The latest crypto market crash is gaining notable traction, with many evaluating the potential of a further downfall ahead. According to the latest data, the crypto space has lost more than $2 trillion from its market cap since October 2025, suggesting the heavy selling pressure in the market. In addition, the Strategy Chairman, Michael Saylor, is also in the discussions, as the firm sold $2.5 million in Bitcoin. A flurry of market watchers have also blamed this selloff as a potential reason behind the recent BTC price crash. However, despite that, Saylor appears to have remained bullish on the potential future movement of Bitcoin as well as the broader crypto market. Ad Ad $2 Trillion Erased from Crypto Market Amid Recent Ongoing Selloff The crypto sector has continued to stay in the red as investors are treading cautiously amid the ongoing geopolitical and other turmoil. As of writing, the global crypto market cap fell more than 3.2% to $2.23 trillion in the last 24 hours, with BTC price trading near $64k after falling to as low as $61,000. Notably, many have attributed the recent dip in Bitcoin price to the recent BTC selloff by Michael Saylor's Strategy . However, others have refuted claims and blamed the ongoing US Spot Bitcoin ETF outflow as the potential reason behind the selloff. Amid this, The Kobeissi Letter highlighted the massive selling pressure in the crypto market over the past few months. For context, the report showed that the crypto sector has lost more than $2 trillion since October last year, equivalent to a drop of 48%. Source: The Kobeissi Letter Meanwhile, it's not only Bitcoin that is facing the heat amid the recent downturn in the market. For context, top altcoins like Ethereum, XRP, Solana, and others have also contributed significantly to the recent dip in the broader market. Ad Ad Michael Saylor Remains Bullish, Here's Why Despite the ongoing selling pressure, Strategy Chairman Michael Saylor remains bullish on the future trajectory of the crypto market. Saylor argued that the recent price declines reflect capital rot