{"id":42187,"date":"2025-08-14T13:01:43","date_gmt":"2025-08-14T13:01:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=42187"},"modified":"2025-08-14T13:01:43","modified_gmt":"2025-08-14T13:01:43","slug":"bitcoin-suddenly-crashes-under-118k-as-liquidations-surge-toward-1b","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=42187","title":{"rendered":"Bitcoin Suddenly Crashes Under $118K as Liquidations Surge Toward $1B"},"content":{"rendered":"
\n

Bitcoin\u2019s price took an unexpected turn for the worse minutes ago as it dumped from over $121,000 to under $118,000.<\/p>\n

The altcoins have it even worse, with more painful declines that have harmed over-leveraged traders, as the total value of wrecked positions surges toward $1 billion.<\/p>\n

\"BTCUSD.<\/a>
BTCUSD. Source: TradingView<\/figcaption><\/figure>\n

It has been quite the day for the primary cryptocurrency. Recall that just hours ago, the asset flew<\/a> to a new all-time high, surpassing $124,500 for the first time ever.<\/p>\n

However, it dropped<\/a> by a few grand later during the day and calmed at around $121,000. In the past 10-15 minutes, though, the bears suddenly took complete control of the market, pushing bitcoin below $118,000 in a violent red candle.<\/p>\n

BTC bounced off almost immediately and now sits a grand and a half higher, but it\u2019s still $5,000 away from the new peak charted earlier today.<\/p>\n

The altcoins have followed suit with painful declines from the likes of ETH, XRP, SOL, DOGE, and ADA \u2013 all of which have dropped by 2-3% in the past hour alone.<\/p>\n

The most notable news that came out in the past few hours is somewhat bullish, so that\u2019s probably not the reason behind the crash. After all, Putin said<\/a> the US is actively pursuing peace between Russia and Ukraine and even hinted at a possible nuclear deal.<\/p>\n

Nevertheless, the liquidations have skyrocketed to over $930 million on a daily basis. Moreover, they are close to $460 million in the past hours alone. CoinGlass data shows that 207,000 traders have been wrecked in the past day.<\/p>\n

\"Liquidation<\/a>
Liquidation Heat Map. Source: CoinGlass<\/figcaption><\/figure>\n

The post Bitcoin Suddenly Crashes Under $118K as Liquidations Surge Toward $1B<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price took an unexpected turn for the worse minutes ago as it dumped from over $121,000 to under $118,000. The altcoins have it even worse, with more painful declines that have harmed over-leveraged traders, as the total value of wrecked positions surges toward $1 billion. BTCUSD. Source: TradingView It has been quite the day […]<\/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-42187","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\/42187","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=42187"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42187\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}