{"id":40054,"date":"2025-08-01T20:01:52","date_gmt":"2025-08-01T20:01:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=40054"},"modified":"2025-08-01T20:01:52","modified_gmt":"2025-08-01T20:01:52","slug":"bitcoin-price-plummets-toward-113k-as-total-liquidations-approach-1-billion","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=40054","title":{"rendered":"Bitcoin Price Plummets Toward $113K as Total Liquidations Approach $1 Billion"},"content":{"rendered":"
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The cryptocurrency markets continue bleeding out today. Bitcoin\u2019s price dropped to a low of slightly above $113,000 while the majority of altcoins are having it much worse, as it\u2019s almost always the case.<\/p>\n

As seen in the chart below, the price has been in a freefall since wicking to $118,000 on July 31st and has shed more than $5,000 since.<\/p>\n

\"BTCUSD_2025-08-01_22-50-36\"<\/a>
Source: TradingView<\/figcaption><\/figure>\n

Data from Coinglass shows that the total liquidations for the past 24 hours have surpassed $900 million, up more than 300% since yesterday, highlighting the severity of the move.<\/p>\n

Naturally, long traders took the bigger hit, accounting for more or less $800 million of the total. Interestingly, ETH is leading the pack in liquidations with around $300 million, at the time of this writing.<\/p>\n

As\u00a0CryptoPotato\u00a0<\/em>reported<\/a> earlier, the downturn comes amid severe turbulence in international geopolitics and macroeconomics as Donald Trump continues with his tariffs policy. He imposed an additional 10% tariffs on Canadian goods and slammed 10% on goods imported from every country, aside from the countries that are subjected to higher tariffs.<\/p>\n

The drop is not isolated to crypto markets. The S&P 500 is down 1.5% today, the NASDAQ Composite lost 2.16%, while the Dow Jones Industrial Average also lost 1.2%.<\/p>\n

The post Bitcoin Price Plummets Toward $113K as Total Liquidations Approach $1 Billion<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The cryptocurrency markets continue bleeding out today. Bitcoin\u2019s price dropped to a low of slightly above $113,000 while the majority of altcoins are having it much worse, as it\u2019s almost always the case. As seen in the chart below, the price has been in a freefall since wicking to $118,000 on July 31st and has […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-40054","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40054"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40054\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}