{"id":55611,"date":"2025-10-29T20:18:51","date_gmt":"2025-10-29T20:18:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=55611"},"modified":"2025-10-29T20:18:51","modified_gmt":"2025-10-29T20:18:51","slug":"over-700m-in-liquidations-as-btc-and-eth-sink-after-fed-rate-cut","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=55611","title":{"rendered":"Over $700M in Liquidations as BTC and ETH Sink After Fed Rate Cut"},"content":{"rendered":"<div>\n<p>The US Federal Reserve did what many anticipated and lowered the key interest rates by 25 bps earlier today.<\/p>\n<p>Although such a move is typically regarded as bullish for risk-on assets like crypto, the reality is that the immediate effect has been anything but positive.<\/p>\n<p>Even before the FOMC meeting, though, many expected such behavior from bitcoin. Previous examples have shown that the cryptocurrency tends to correct at first after the US central bank cuts the rates, as Merlijn The Trader pointed out.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">BITCOIN HISTORY REPEATS UNTIL IT DOESN\u2019T.<\/p>\n<p>Every FOMC meeting this year triggered a <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> dump:<br \/>\n10%. 6%. 8%. The pattern is clear.<\/p>\n<p>Today\u2019s meeting?<br \/>\nThe setup is the same. The outcome doesn\u2019t have to be.<\/p>\n<p>Position accordingly. <a href=\"https:\/\/t.co\/LqIqO145R2\">pic.twitter.com\/LqIqO145R2<\/a><\/p>\n<p>\u2014 Merlijn The Trader (@MerlijnTrader) <a href=\"https:\/\/twitter.com\/MerlijnTrader\/status\/1983609782041981334?ref_src=twsrc%5Etfw\">October 29, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Bitcoin had <a href=\"https:\/\/cryptopotato.com\/bitcoin-btc-plunges-before-the-fomc-meeting-pi-network-pi-soars-by-15-market-watch\/\">calmed<\/a> at around $112,000 and $113,000 earlier today in anticipation of the FOMC meeting. Once Jerome Powell <a href=\"https:\/\/cryptopotato.com\/us-federal-reserve-cuts-rates-by-25-basis-points-bitcoin-price-reacts\/\">validated<\/a> the experts\u2019 recommendations, BTC dumped hard and plunged to just over $109,000.<\/p>\n<p>BTC rebounded in the following hour and currently sits above $110,500. According to some analysts, this drop could\u00a0<span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\">also have been expected because of the CME gap that formed after the weekend rally and was finally\u00a0<a href=\"https:\/\/x.com\/MikybullCrypto\/status\/1983612730851611072\" target=\"_blank\">filled<\/a><\/span>, which could open the door for upcoming gains.<\/p>\n<p>The altcoins followed suit with corrections of their own, with ETH sliding to under $3,850, XRP slipping below $2.55, and many of the lower caps marked even more significant declines.<\/p>\n<p>The aftermath for now shows that the daily liquidations have rocketed to over $700 million, with over half of those taking place in the past 4 hours. The number of wrecked traders is up to more than 151,000, while the single-largest liquidated position occurred on Bybit and was worth $11 million.<\/p>\n<figure id=\"attachment_1418098\" aria-describedby=\"caption-attachment-1418098\" style=\"width: 1368px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-29-220937.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-1418098 size-full\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-29-220937.png\" alt=\"Liquidation Data on CoinGlass\" width=\"1368\" height=\"453\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-29-220937.png 1368w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-29-220937-300x99.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-29-220937-1024x339.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-29-220937-768x254.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-29-220937-90x30.png 90w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-29-220937-150x50.png 150w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-29-220937-1200x397.png 1200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-29-220937-1000x331.png 1000w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-29-220937-900x298.png 900w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-29-220937-800x265.png 800w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-29-220937-700x232.png 700w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-29-220937-600x199.png 600w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-29-220937-500x166.png 500w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-29-220937-400x132.png 400w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-29-220937-200x66.png 200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-29-220937-100x33.png 100w\" sizes=\"(max-width: 1368px) 100vw, 1368px\"><\/a><figcaption id=\"caption-attachment-1418098\" class=\"wp-caption-text\">Liquidation Data on CoinGlass<\/figcaption><\/figure>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/over-700m-in-liquidations-as-btc-and-eth-sink-after-fed-rate-cut\/\">Over $700M in Liquidations as BTC and ETH Sink After Fed Rate Cut<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The US Federal Reserve did what many anticipated and lowered the key interest rates by 25 bps earlier today. Although such a move is typically regarded as bullish for risk-on assets like crypto, the reality is that the immediate effect has been anything but positive. Even before the FOMC meeting, though, many expected such behavior [&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-55611","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\/55611","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=55611"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/55611\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}