$2,020,000,000 in Bitcoin and Crypto Liquidated As BTC Plummets Below $100,000
Bitcoin and crypto asset prices are reeling to start the week, alongside a broader equity market pullback.
In the last 24 hours, $2.02 billion in leveraged crypto bets have been liquidated, according to the market data tracker CoinGlass .
The liquidations happened as BTC tumbled below $100,000 for the first time since June, dropping to a low of about $99,075.
That marks a 21.3% decline from BTC’s all-time high of $126,000 on October 6th, driven by whale profit-taking.
At time of publishing, Bitcoin is priced at $101,033, down 4.3% in the last 24 hours.
The vast majority of today’s liquidations hit traders going long, with total Ethereum liquidations leading the way at $655 million liquidated, followed by $615 million in Bitcoin liquidated and $123 million in Solana liquidated.
Today’s crypto market drop aligns with stock market woes, as investors question whether AI-related stock valuations are overblown.
The S&P 500 fell 1.17% to 6,771, the Nasdaq dropped 2.04% to 23,348, and the Dow slid 0.53% to 47,085.
Featured Image: Shutterstock/RomchikDL/PurpleRender
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Central Bank Issues Historic Penalty: Adhering to Crypto Regulations Is Now Essential
- Ireland's Central Bank fined Coinbase Europe €21.5M for AML/CFT failures, marking its first crypto enforcement action. - Systemic flaws allowed 30M unmonitored transactions (€176B) due to software errors and governance gaps. - Regulators emphasized crypto compliance urgency, citing MiCA regulations and law enforcement collaboration risks. - Coinbase acknowledged technical errors but faced reduced penalties via early settlement under regulatory programs. - Case highlights EU's intensified crypto oversight
Fed's Balancing Act: Navigating Inflation and Employment in the 2025 Interest Rate Challenge
- The Fed debates 2025 rate cuts to balance 3% inflation control with a cooling labor market, as policymakers like Jefferson advocate a slow easing approach. - Mixed signals persist: U.S.-China trade deal eased volatility but left businesses cautious, while Matson's 12.8% China service decline highlights lingering tensions. - Market expects 25-basis-point December cut, but Powell warns uncertainty remains, compounded by government shutdown limiting key data access. - Rate-cut expectations boosted municipal
Bitcoin News Update: Institutions Pour In Funds Despite Bitcoin Downturn: ETFs Draw $240M During Market Turbulence
- Bitcoin ETFs saw $240M net inflows on Nov 6, ending a six-day outflow streak led by BlackRock's IBIT and Fidelity's FBTC. - Despite Bitcoin's 9% weekly price drop to $100,768, institutional confidence grew in regulated, low-fee ETF products amid market volatility. - Altcoin ETFs gained traction while total crypto ETPs faced $246.6M outflows, highlighting diverging investor priorities. - Analysts attribute Bitcoin's decline to internal dynamics, not ETFs, as on-chain data shows easing sell-pressure and st
Hyperliquid's 2025 Boom: Blockchain-Based Liquidity and Shifting Retail Trading Trends
- Hyperliquid's TVL surged to $5B in Q3 2025, capturing 73% of decentralized perpetual trading volume via on-chain liquidity and retail demand. - Technological innovations like HyperEVM and strategic partnerships drove $15B open interest, outpacing centralized rivals' combined liquidity. - Retail traders executed extreme leverage (20x BTC/XRP shorts) and $47B weekly volumes, highlighting both platform appeal and liquidation risks. - Institutional interest (21Shares ETF application) and deflationary tokenom
Trending news
MoreCrypto prices
More
