{"id":53375,"date":"2025-10-17T08:31:58","date_gmt":"2025-10-17T08:31:58","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=53375"},"modified":"2025-10-17T08:31:58","modified_gmt":"2025-10-17T08:31:58","slug":"crypto-market-bloodbath-over-1b-in-liquidations-as-bitcoin-altcoins-collapse","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=53375","title":{"rendered":"Crypto Market Bloodbath: Over $1B in Liquidations as Bitcoin, Altcoins Collapse"},"content":{"rendered":"
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The bears are back in the crypto town, which is evident by yet another substantial price correction from essentially every digital asset.<\/p>\n

Bitcoin led the adverse charge, with a nosedive toward $105,000 as of press time, which is a multi-month low on multiple exchanges. The altcoins follow suit in an even more painful manner.<\/p>\n

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

Recall that bitcoin had recovered a lot of ground following last week\u2019s calamity and even challenged $116,000 earlier this week. However, it faced an immediate and strong rejection at that point, which pushed<\/a> it south to the crucial resistance at $110,000.<\/p>\n

Although that line held at first, the bears were a lot more persistent and drove the asset below<\/a> it yesterday evening. That was just the start of yet another deeper correction, however. In the past several hours, BTC has registered another leg down and is close to breaking below $105,000, which is the first line of defense, according<\/a> to some analysts. The next such buying wall is formed at around $100,000.<\/p>\n

Other market observers have turned completely bearish on the asset. Captain Faibik claimed<\/a> that the 2024\/2025 bull run is over, and they expect a 50% correction in the midterm.<\/p>\n

Naturally, the altcoins are getting obliterated in such occasions. Binance Coin, for example, which set a new all-time high just days ago, has plunged by over 12% in the past 24 hours to under $1,050 as of press time. ETH is down by more than 6%, XRP\u2019s losses exceed 7%, and the landscape with the lower caps is even more painful.<\/p>\n

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\u201cAltcoins are under pressure as liquidity continues to rotate back into Bitcoin and stablecoins amid risk-off sentiment. This latest dip reflects declining speculative appetite after last week\u2019s macro data, thin order books amplifying volatility, and renewed uncertainty around regulatory headlines impacting smaller-cap tokens,\u201d said Wenny C, COO at SynFutures, in a statement to CryptoPotato.<\/p>\n<\/blockquote>\n

The crash in the past 24 hours has impacted over-leveraged traders once again, with almost 290,000 such market participants getting wrecked. The total value of liquidations is on the rise again, hitting $1.1 billion, according to CoinGlass.<\/p>\n

\"Crypto<\/a>
Crypto Liquidations on CoinGlass<\/figcaption><\/figure>\n

The post Crypto Market Bloodbath: Over $1B in Liquidations as Bitcoin, Altcoins Collapse<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The bears are back in the crypto town, which is evident by yet another substantial price correction from essentially every digital asset. Bitcoin led the adverse charge, with a nosedive toward $105,000 as of press time, which is a multi-month low on multiple exchanges. The altcoins follow suit in an even more painful manner. BTCUSD. […]<\/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-53375","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\/53375","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=53375"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/53375\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}