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Warning for anyone investing in crypto and Bitcoin after sell-off: "It's far too volatile"

ended 23. September 2025

CRYPOCURRENCY such as Bitcoin has seen a sell-off this week with financial experts warning against investing.

A total of £148billion was wiped from the sector yesterday and the price of Bitcoin dipped below the £84,000 mark. 

The crypto Fear and Greed Index slipped to 45 on Monday after the recent price drop, indicating growing caution and a tilt toward fear among market participants.

Financial experts warned against investing in cryptocurrency – while others denied there was a crash coming.

Scott Gallacher, Director at Leicester-based Rowley Turton, said: “On one hand, the latest drop looks more like a correction than a crash. But on the other, it could mark the start of something more serious. Bitcoin has never made sense to me: it’s far too volatile to be a true currency and has no intrinsic value to be a genuine investment. 

"At best it’s speculation. Eventually it will run out of new buyers to push the price higher, and once prices stabilise or fall there’s no incentive to speculate. Without the momentum of ever-rising returns, existing holders are likely to lose interest and sell, potentially triggering a run as more and more try to cash out — leading to a serious crash.”

Chris Barry, Director at London-based Thomas Legal, pointed out that the crypto market has seen a hit in September every year for the past four years.

He added: “Whilst past performance should give no guaranteed guidance on future, it does seem wildly coincidental that the market has taken a hit in September across every 4-year cycle, and usually towards the end of September.

"Each pull-back has its own narrative and this one seems to be the lack of confidence that future liquidity is coming into the space. This comes at a time when the Fed has just announced a rate reduction with two more likely to follow this year. 

"Being sceptical, this could be an institutional sell-off designed to scare retail investors into selling before a big buy-back and prices have one last rally before the bear market hits.”

Samuel Mather-Holgate, Independent Financial Adviser at Swindon-based Mather and Murray Financial, said it is impossible to predict if a crypto crash was coming.

He added: "Is Red Rum going to win the 3.30 at Cheltenham? With no fundamentals behind any crypto bet, it’s difficult to predict what direction it’s going in and by what amount. People can win and lose big on crypto, but these are bets."

David Belle, Founder and Trader at Fink Money, does not believe a crash is coming.

He continued: "For those less familiar with technical jargon: if an asset has a 54% annualised volatility and its price is £85,000, that means in any given year, price moves (up or down) of over £40,000 from its starting value are statistically normal.

"That’s why “unexpected” moves in Bitcoin are often, in historical context, expected. So no, this is not out of the ordinary nor indicative of a broader crash starting."
 

 

5 responses from the Newspage community

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Editor
Chris Barry
Director at Thomas Legal
Whilst past performance should give no guaranteed guidance on future, it does seem wildly coincidental that the market has taken a hit in September across every 4-year cycle, and usually towards the end of September. Each pull-back has its own narrative and this one seems to be the lack of confidence that future liquidity is coming into the space. This comes at a time when the Fed has just announced a rate reduction with two more likely to follow this year. Being sceptical, this could be an institutional sell off designed to scare retail investors into selling before a big buy-back and prices have one last rally before the bear market hits.
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Editor
Pete Mugleston
Mortgage Advisor & Managing Director at onlinemortgageadvisor.co.uk
The latest crypto dip looks more like trader activity than the start of a crash. A lot of leveraged positions have been unwound, which accelerates short-term sell-offs, but in the bigger picture this is small compared to previous downturns. Unless macro conditions shift sharply, it feels more like a breather than a collapse.
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Editor
Samuel Mather-Holgate
Managing Director & IFA at Mather and Murray Financial
Is Red Rum going to win the 3.30 at Cheltenham? With no fundamentals behind any crypto bet, it’s difficult to predict what direction it’s going in and by what amount. People can win and lose big on crypto, but these are bets.
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Editor
Scott Gallacher
Director at Rowley Turton
On one hand, the latest drop looks more like a correction than a crash. But on the other, it could mark the start of something more serious. Bitcoin has never made sense to me: it’s far too volatile to be a true currency and has no intrinsic value to be a genuine investment. At best it’s speculation. Eventually it will run out of new buyers to push the price higher, and once prices stabilise or fall there’s no incentive to speculate. Without the momentum of ever-rising returns, existing holders are likely to lose interest and sell, potentially triggering a run as more and more try to cash out — leading to a serious crash.
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Premium
David Belle
Founder and Trader at Fink Money
For those less familiar with technical jargon: if an asset has a 54% annualised volatility and its price is £85,000, that means in any given year, price moves (up or down) of over £40,000 from its starting value are statistically normal. That’s why “unexpected” moves in Bitcoin are often, in historical context, expected. So no, this is not out of the ordinary nor indicative of a broader crash starting.