{"id":42256,"date":"2025-08-14T18:01:41","date_gmt":"2025-08-14T18:01:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=42256"},"modified":"2025-08-14T18:01:41","modified_gmt":"2025-08-14T18:01:41","slug":"420-million-wiped-out-in-20-minutes-what-the-inflation-shock-reveals-about-bitcoin-ethereum","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=42256","title":{"rendered":"$420 Million Wiped Out In 20 Minutes \u2014 What The Inflation Shock Reveals About Bitcoin, Ethereum"},"content":{"rendered":"<div>\n<p>A sharp upside surprise in U.S. producer price inflation triggered a $420 million wipeout in crypto markets on Wednesday, exposing lingering vulnerabilities in market leverage during <a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/08\/47118627\/bitcoin-ethereum-at-historic-highs-but-could-go-higher-bitwises-matt-hougan-predicts\">macroeconomic data shocks.<\/a><\/p>\n<p><strong>What Happened: <\/strong>The U.S. July Producer Price Index rose 3.3% year-on-year, exceeding forecasts of 2.5% and marking its highest level since February. On a monthly basis, prices jumped 0.9%, the largest increase since June 2022.<\/p>\n<p>The report came alongside a revision of June&#8217;s annual rate from 2.3% to 2.4%, reinforcing the picture of sustained cost pressures in the production pipeline.<\/p>\n<p>Within 20 minutes of the release, <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) plunged from $121,193 to $117,550, according to TradingView data. <strong>Ethereum<\/strong> plunged below $4,500 from above $4,700.<\/p>\n<p>The rapid decline coincided with widespread liquidations in leveraged positions, with &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/08\/47133175\/420-million-wiped-out-in-20-minutes-what-the-inflation-shock-reveals-about-bitcoin-ethereum\" alt=\"$420\" million wiped out in minutes what the inflation shock reveals about bitcoin ethereum>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A sharp upside surprise in U.S. producer price inflation triggered a $420 million wipeout in crypto markets on Wednesday, exposing lingering vulnerabilities in market leverage during macroeconomic data shocks. What Happened: The U.S. July Producer Price Index rose 3.3% year-on-year, exceeding forecasts of 2.5% and marking its highest level since February. On a monthly basis, [&hellip;]<\/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-42256","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\/42256","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=42256"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42256\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}