Why Crypto Is Dropping in June 2026 and How to Respond

In one of our previous posts, we discussed the sudden crypto crash that happened in October. While billions of dollars were lost, the crypto market has struggled to bounce back and recover from the biggest crash in years. This struggle is the reason most crypto traders are curious about why crypto is dropping in 2025. 

In this post, we will examine this worrying performance, show how far the crypto prices have fallen, and what the future may hold for crypto traders. Nigerians can also learn how to convert crypto to cash within seconds. 

Let’s unpack this masterpiece together. 

Fig. 1 – Crypto crash in 2025: What really happened?

How Far Have Crypto Prices Fallen?

Crypto prices are known for their high volatility. That means the high price of your cryptocurrency can drop drastically before the end of the day. 

However, some cryptocurrencies are known to be high-performing. These are the top projects like Bitcoin, Ethereum, and Solana. That is, their prices do not fluctuate as easily as others. 

Note that these are not stablecoins.

What if I tell you that Bitcoin and Ethereum were also affected by this recent crypto drop? Let’s do a quick comparison of Bitcoin prices. 

In January 2025, Bitcoin rose to $107,861 but settled around $106,749.

On May 22, 2025, Bitcoin set another record and hit $112,509.65. 

Bitcoin hit another high on Aug. 14, 2025, at $124,000. However, it dropped below $118,000.

On Oct. 6, 2025, Bitcoin hit another all-time high of over $126,270. This excitement was short-lived because it declined to over $113,000 on Oct. 10, 2025.

November 1 started with the Bitcoin price at $110,064.02. By the end of November 13, 2025, Bitcoin was trading below $100,000. As of November 27, the Bitcoin price is $90,518.37. 

Ethereum has followed a similar pattern. You can check its historical pattern here. 

Ethereum Price History and Historical Data | CoinMarketCap 

Fig. 2 – Basic Details You Need To Know About Stablecoins (Crypto 101).

What’s Next for Crypto?

In the previous post, we explained the different factors that might be influencing this ongoing decline. However, this is not the time to panic. 

No one can ascertain what exactly is going on. While some experts believe Bitcoin and other cryptocurrencies are undergoing a correctional phase, others fear the world is shifting its focus away from crypto.

So, what’s next for crypto? 

While this is not financial advice, you can do either of the following; 

1. Buy the dip and patiently expect the price to skyrocket before trading. That way, you would have made tangible profit. The flip side is that you may need to exercise a lot of patience, as no one can say when the price of cryptocurrency will improve. 
2. Convert your crypto assets to Stablecoins to prevent further price declines. With stablecoins, your cryptocurrencies maintain the same price as the US dollars. Once you notice any improvement in the crypto market, you can begin to trade again. 

Fig. 3 – Crypto 101: An Explanation of Crypto Glossary For Beginners.

How to Trade Your Crypto for Cash

Another way is to trade your crypto for cash and enjoy your money. Here is how to trade your crypto for cash on Ridima;

• Download the Ridima App from the App Store or the Play Store.
• Open the Ridima App.
• Go to the menu on the app. 
• Click on the Trade Digital Assets button. 
• Click on Sell and indicate the cryptocurrency you want to exchange. 
• In this case, choose USDT as the cryptocurrency. 
• Generate your permanent wallet address (This is a one-time action for all future actions).
• View the current exchange rate to know the worth of your USDT.
• Confirm if you are satisfied with the rate.
• Upon satisfaction, send your cryptocurrency from your external wallet to the newly generated Ridima wallet address.
• Wait for our three security confirmation processes to be completed. This process can take a few minutes to ensure optimum accuracy and security of your transaction.
• Upon confirmation, you will receive the Naira equivalent of your transaction in your Ridima Naira wallet.
• You can withdraw Naira or settle your bills via the Ridima app.

Frequently Asked Questions (FAQ) About Why Crypto Is Dropping In 2025.

Here are some of the frequently asked questions about the recent crypto crash in 2025; 

Question 1: Why is crypto dropping so much in 2025?

Crypto prices in 2025 have fallen due to a combination of market corrections, investor panic after the October crash, reduced liquidity, and global economic uncertainty. Even major coins like Bitcoin and Ethereum have experienced significant declines.

Question 2: Is this crypto crash permanent, or will the market recover?

There is no certainty, but many analysts see the decline as a correction phase rather than a permanent crash. Historically, Bitcoin and other strong projects often recover after major dips, although recovery timelines vary.

Question 3: Should I buy the dip or wait during the crypto decline?

This depends on your risk tolerance. Buying the dip can be profitable long-term, but only if you’re prepared to wait. If you prefer stability, converting to stablecoins like USDT or USDC may be a safer temporary option.

Question 4: How can Nigerians convert their crypto to cash during the price drop?

You can convert crypto to cash instantly using platforms like Ridima. Simply select USDT, generate your wallet address, send your crypto, and receive your Naira value in minutes.

Question 5: What is the safest move when the crypto market keeps falling?

The safest move is to avoid panic-selling. Instead, consider diversifying into stablecoins, setting stop-losses, or cashing out responsibly if needed. Monitoring market trends and avoiding emotional decisions is crucial.

Conclusion

The crypto market’s decline in 2025 has left many traders confused and uncertain about their next move. While the drop has affected even the strongest projects like Bitcoin and Ethereum, it doesn’t signal the end of cryptocurrency. Market corrections, global uncertainty, and investor fear are all playing a role, but history shows that crypto often rebounds as panic subsides.

The smartest response right now is to stay calm, protect your assets, and make informed decisions.  If you prefer a secure way to cash out during this period, you can convert your crypto to Naira on Ridima instantly and safely. 

Reference

Bitcoin Price History and Historical Data | CoinMarketCap 

Bitcoin’s Price History 

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Crypto 101: An Explanation of Crypto Glossary For Beginners.