Bitcoin (BTC) dropped 3% amid a broader market rout after President Donald Trump announced that the US is considering escalating tariffs against China in response to newly imposed rare-earth export controls. Total liquidations reached $807 million over the past 24 hours, as BTC fell to $116,585 as of press time. On a lengthy statement on Oct. 10 via […]
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ETH declined the most among the CoinDesk 20 Index, falling twice as far as bitcoin.
Strategy (MSTR) plunged as much as 10% and is now lower year-to-date.
Bitcoin fell to its lowest levels since July 8 after Wall Street opened on Friday, with prices sliding and traders scrambling to reassess short-term plans. According to CoinGlass, 24-hour crypto liquidations neared $540 million as selling pressure intensified on major exchanges. Related Reading: A New Vision For Money: Hoskinson Predicts Bitcoin Will Hit $10 Trillion Whales And Exchange Distribution Pressure Based on reports from market watchers, heavy selling by large holders helped push the drop. Distribution on Binance was highlighted by traders as a key factor that worsened losses. Bitcoin lost nearly 5% on the day, and some large accounts were linked to the wave of sales that triggered stop orders and quick exits. Popular trader Daan Crypto Trades pointed to a “key reversal zone” around recent ranges and consolidation levels. Some experts had similar price levels on his radar, noting that Bitcoin failed to turn $112,000 into support. Other voices in the market flagged $114,000 as an important weekly close threshold for bulls. Bullish RSI Divergence Keeps A Sliver Of Hope Technical watchers found one bright spot. According to crypto commentator Javon Marks, the four-hour chart still shows a bullish RSI divergence — a pattern where the RSI makes higher lows while price makes lower lows. That setup can hint at an early reversal. $BTC Good area to keep watching. Right on top of the previous range & consolidation area. https://t.co/WEaG2IF6nV pic.twitter.com/Y7RftSqDio — Daan Crypto Trades (@DaanCrypto) August 29, 2025 Marks argued Bitcoin could stage a rebound. He suggested a move back toward $123,000 is possible, which would be roughly a +14% jump from current levels. That projection is optimistic, and it rests on momentum flipping quickly in favor of buyers. Macro Data, Seasonal Weakness Add Headwinds Seasonality and macroeconomic data added pressure. September has historically been one of Bitcoin’s weaker months, and investors were watching US inflation readings closely. The Federal Reserve’s preferred inflation measure, the Personal Consumption Expenditures index, matched expectations and showed signs of an inflation rebound. Still, the CME Group’s FedWatch Tool showed markets pricing in rate cuts in September, a factor that could help risk assets like crypto if it holds. Related Reading: Ethereum Bullishness: Ark Invest Boss Scoops $16-M More In BitMine Stock Range Bound For Now, Traders Watch $112,000–$114,000 Reports have disclosed that traders are focused on a narrow set of price markers. If Bitcoin can reclaim $112,000 and hold a weekly close above $114,000, bulls would gain breathing room. If those levels fail, more downside is possible and short-term traders could face further liquidations. For now, the market looks tight. Some technical signals point to a rebound, but macro data and big sellers are keeping the mood cautious. Traders and investors alike are watching both price action and economic prints closely as the US heads toward key data and the Fed decision window on Sept. 17. Featured image from Unsplash, chart from TradingView
Open interest on Hyperliquid’s XPL market plunged from $160 million to $30 million in minutes as a trader-triggered price spike caused mass auto-deleveraging.
A flush of long liquidations can reset the market for a cleaner bounce, while a cluster of short wipes can fuel the next leg higher.
Bitcoin surged off key support after Powell hinted at rate cuts, triggering $375M in liquidations as ETH led gains with a 10% rally.
Crypto traders should be cautious of ether prices dropping below $4,200, which could lead to significant long liquidations and increased market volatility.
Market strategists said the crypto rally’s broader outlook remains positive despite the largest long liquidations since early August.
Altcoins like SOL, AVAX, HYPE were down 4%-5% before paring losses, while BONK and PENGU plunged 10% then bounced back.
The sharp reversal from above $106,000 wiped out early optimism, with bulls and bears mostly continuing in a stalemate.
Exchanges like Bybit and Binance saw the biggest hits, with Bybit alone accounting for nearly $354 million in liquidations.
The leverage flush happened as crypto prices quickly dropped on renewed trade war fears, with BTC slipping 3% from near record highs.
The rally followed a U.K. trade deal announcement and record ETF inflows exceeding $40 billion.
Bitcoin’s latest liquidation sweep erased $652.84 million across crypto on April 23, wiping out 172,948 traders. Bitcoin alone contributed $321.70 million, or roughly 50% of the total. Exchange dashboards show shorts carried almost the entire weight: on Bybit, HTX, Gate.io, and CoinEx, more than 95% of BTC positions liquidated were shorts, and across the market, […]
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The sharp rise in Treasury yields likely stems from the unwinding of basis trades and could trigger liquidity crisis, deepening the sell-off in risk assets.
The total value of borrowings on large DeFi platforms like Aave and Morpho has sharply dropped from the mid-December peak, as investors scrambled to reduce outstanding debt or got liquidated.
The open interest-weighted funding rate for Bitcoin perpetual futures turned negative in the past 24 hours. A negative funding rate usually signals bearish sentiment in the futures market, but the majority of liquidations seen in the past day were shorts, which typically follow a price increase. This apparent contradiction starts making sense when looking at […]
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Bitcoin’s price plummeted to $88,500 on Feb. 25, triggering $1.48 billion in liquidations across the futures market. This significant correction, which sent Bitcoin well below the short-term holder realized price, was partly sparked by macro uncertainty following Trump’s proposed tariffs. While the initial reaction to the tariffs sent Bitcoin to $91,000, altcoins saw an even […]
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ETH needs to drop another 19% to trigger the first liquidation.
The move is meant to help lure instituional investors and improve market transparency.
Bybit CEO Ben Zhou has challenged reports that today’s crypto market liquidations totaled just $2 billion. Instead, Zhou suggested that the actual figure could range between $8 billion and $10 billion. The exchange CEO pointed to Bybit’s internal data, which recorded $2.1 billion in liquidations on the platform alone over the last 24 hours. This […]
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Bitcoin tumbled during Asian trading hours, hitting a one-month low of $92,000 due to President Donald Trump’s aggressive trade tariffs. This sharp drop triggered one of the largest liquidation events in the last year. Red market According to CryptoSlate’s data, BTC’s downturn began on Jan. 31 when it slipped from over $105,000 to $102,000 within […]
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More than 400,000 traders were liquidated over the past 24 hours as Bitcoin plunged back below $100,000.
The total liquidations between Jan. 14 and Jan. 15 reached $201.87 million, with a skewed distribution favoring short positions. Data from CoinGlass showed that 74,152 traders were liquidated during this period, showing that yesterday’s price spike caught many traders off guard. Liquidation data shows that shorts were disproportionally affected, making up about 64.89% of all […]
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Bitcoin’s stint at its new all-time high of $108,200 was short-lived. In less than a week, its price dropped by over 12%, reaching $95,000 on Dec. 23. While pullbacks ranging from 20% to as high as 30% are commonplace dulling bull rallies, this price reversal was accompanied by a cascade of long liquidations, which further […]
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On Dec. 5, Bitcoin retreated further from the psychologically crucial $100,000 level, briefly dipping below $93,000 and triggering a significant amount of long position liquidations.
Dogecoin, XRP, Stellar and Sandbox saw a larger liquidation share than usual as some top altcoins from the 2020-2021 cycle soared as high as 50%.
About $180 million in short positions have been wiped as Bitcoin hit another new all-time high of $81,358.
The crypto market cap is down by 6%, with more than half a billion crypto bets liquidated amid flaring geopolitical tensions in the Middle East. Tensions In The Middle East Rattle The Crypto Market The total crypto market cap has dropped by 6%, sliding to $2.24 trillion at press time, as geopolitical tensions between Iran […]