Bitcoin and Ethereum prices dropped sharply as markets reacted to growing fears about a possible tech bubble and rising global tensions.

On October 10, 2025, the S&P 500 index fell more than 1%, marking its biggest one-day drop since early September. This decline sparked broader concerns across financial markets, especially in the tech and cryptocurrency sectors. Investors are becoming more cautious due to uncertainty around artificial intelligence (AI), unstable geopolitical conditions, and mixed economic signals.

Major U.S. stock indices, including the S&P 500, Dow Jones, and Nasdaq, all saw noticeable declines. Tech companies like Synopsys, Micron Technology, and Qualcomm took heavy hits as worries about an “AI bubble” gained traction. Many analysts believe the current excitement around AI might be overblown, potentially leading to a market correction.

These concerns spilled over into the crypto world. Bitcoin’s price fell below $122,000, while Ethereum dropped under $4,600. Crypto-related stocks such as Coinbase, MicroStrategy, and Bullish also posted significant losses. This suggests that investor anxiety is spreading beyond traditional markets.

As of the latest data, Bitcoin was priced at $107,941.71 with a market cap of $2.15 trillion. It still holds strong market dominance at 62.24%. However, the 24-hour trading volume plunged by 42.72%, and the price dropped by 11.15% in just one day — signs that investors are pulling back amid uncertainty.

Experts warn that the combination of AI hype, unclear economic policies, and global conflicts could cause further market instability. Some compare this moment to the dot-com crash of 2000, which forced major changes in how tech companies were funded and evaluated.

According to research from Coincu, we may see big changes in both technology investment strategies and financial regulations. As markets adjust to these shifts, investors may become more cautious or change their behavior entirely.

This moment could be a turning point for both traditional and digital financial systems as they face increased pressure from evolving technologies and world events.