{"id":54946,"date":"2025-10-27T06:18:53","date_gmt":"2025-10-27T06:18:53","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=54946"},"modified":"2025-10-27T06:18:53","modified_gmt":"2025-10-27T06:18:53","slug":"bitcoin-smashes-115k-370-million-in-shorts-crushed-altcoins-finally-wake-up","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=54946","title":{"rendered":"Bitcoin Smashes $115K: $370 Million in Shorts Crushed, Altcoins Finally Wake Up"},"content":{"rendered":"
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Bitcoin\u2019s rally that started on Sunday, following some promising news on the US-China trade deal front, has only intensified during the Monday morning Asian trading hours as the asset blasted to a two-week peak.<\/p>\n

Many altcoins have followed suit in an impressive manner, which has harmed over-leveraged short traders.<\/p>\n

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

Recall that the primary cryptocurrency had calmed on Saturday after a volatile week, in which it recorded a few $6,000 to $8,000 moves. By the start of the weekend, though, it had returned to its consolidation phase of around $111,000, but the first signs of a potential breakout started to show up.<\/p>\n

On Sunday, US Secretary Bessent hinted<\/a> about a potential deal between his country and Beijing, which could be announced later this week after the presidents of the two superpowers meet in Europe.<\/p>\n

This had an immediate impact on BTC\u2019s price, which surged past $112,000 and $113,000. Its gains paused for several hours, but the bulls returned as Asia woke up earlier today. Bitcoin went on the run again, reclaiming $114,000 and $115,000 in the process.\u00a0Its peak, at least for now, is at $115,600, which is the highest it has traded since October 14.<\/p>\n

Most altcoins have joined the ride, including ETH, which has jumped by over 7% and now trades above $4,200. SOL has reclaimed the $200 line after a 5.5% daily surge, while ADA is close to $0.70 after a 4.7% increase. ZEC has rocketed by over 24%, followed by PI, IP, ENA, and HYPE.<\/p>\n

These impressive gains over the past day have had a profound effect on short futures traders, with more than $370 million in such positions wiped out each day. In total, nearly 110,000 traders have been wrecked since yesterday, according to data from CoinGlass.<\/p>\n

\"Liquidation<\/a>
Liquidation Data From CoinGlass<\/figcaption><\/figure>\n

The post Bitcoin Smashes $115K: $370 Million in Shorts Crushed, Altcoins Finally Wake Up<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s rally that started on Sunday, following some promising news on the US-China trade deal front, has only intensified during the Monday morning Asian trading hours as the asset blasted to a two-week peak. Many altcoins have followed suit in an impressive manner, which has harmed over-leveraged short traders. BTCUSD. Source: TradingView Recall that the […]<\/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-54946","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\/54946","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=54946"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/54946\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=54946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=54946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=54946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}