{"id":49626,"date":"2025-09-26T05:31:55","date_gmt":"2025-09-26T05:31:55","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=49626"},"modified":"2025-09-26T05:31:55","modified_gmt":"2025-09-26T05:31:55","slug":"1-billion-liquidation-storm-hits-as-btc-eth-xrp-collapse","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=49626","title":{"rendered":"$1 Billion Liquidation Storm Hits as BTC, ETH, XRP Collapse"},"content":{"rendered":"
\n

The past day wasn\u2019t kind to the cryptocurrency markets, as bitcoin slumped below a crucial support level and dipped to a three-week low of under $109,000 yesterday.<\/p>\n

Most altcoins crashed even harder, which is why the leveraged liquidations have skyrocketed to nearly $1 billion, according to CoinGlass.<\/p>\n

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

It was less than a week ago when the primary cryptocurrency stood tall at $118,000 after the US Federal Reserve cut the interest rates for the first time this year. However, the asset failed to maintain its run and started to lose value rapidly.<\/p>\n

Harrowing trading days were Monday (September 22) and Thursday (September 25). At first, BTC dumped from $115,500 to $112,000. It managed to recover some ground mid-week, but the bears initiated another leg down yesterday, which drove bitcoin further south to its lowest position since the start of the month at $108,600 (on Bitstamp).<\/p>\n

Although it has recovered around a grand since then, BTC is still below $110,000, which is a crucial support level, according<\/a> to Ali Martinez. The next one actually managed to hold the freefalls, which is set at $108,530.<\/p>\n

As usual, many industry observers and commentators began speculating on the state of the correction. Some, such as Peter Schiff, called<\/a> it the start of a bear market.<\/p>\n

Crypto analysts remain more optimistic. Captain Fabrik, for instance, referred to the current retracement as a \u2018healthy\u2019 one and predicted<\/a> a surge to $140,000 as long as BTC can reclaim the $113,000 resistance.<\/p>\n

Nevertheless, almost all altcoins followed bitcoin on the way south, posting massive losses. Ethereum is among the poorest performers as it lost the $4,000 support and slumped beneath $3,900 yesterday. XRP is deep in the red as well, dumping by 10% weekly and struggling to remain close to $2.80.<\/p>\n

This enhanced volatility has harmed over-leveraged traders, as the total value of wrecked positions has shot up to almost $1 billion on a daily scale. More than 225,000 such market participants have been liquidated daily.<\/p>\n

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

The post $1 Billion Liquidation Storm Hits as BTC, ETH, XRP Collapse<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The past day wasn\u2019t kind to the cryptocurrency markets, as bitcoin slumped below a crucial support level and dipped to a three-week low of under $109,000 yesterday. Most altcoins crashed even harder, which is why the leveraged liquidations have skyrocketed to nearly $1 billion, according to CoinGlass. BTCUSD. Source: TradingView It was less than a […]<\/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-49626","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\/49626","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=49626"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/49626\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}