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Why Did Bitcoin Suddenly Flash Crash To $110,700 Yesterday?

Late Sunday evening in Europe (August 24), Bitcoin abruptly slid from roughly $114,790 to $110,680 in about ten minutes — a drop of ~3.6%

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Bitcoin expanded its fall on Monday, falling below the threshold of 112 thousand USD after a volatile weekend in which its brief rebound faded.According to analyst Felipe Barragan, the sharp fall occurred after the persistent sales of Sunday night, aggravated by the heavy liquidations of more than 850 million USD in the last 24 hours, with long positions representing almost 686 million USD. According to reports, a single large fork was thrown ou…

The cryptocurrency market has been buoyed by US Federal Reserve (Fed) Chair Jerome Powell's interest rate cut messages. Powell's statements boosted risk appetite, leading to a notable divergence between the Ethereum and Bitcoin pairs. Ethereum set a new record over the weekend, while Bitcoin's decline in value during the same period attracted attention. Ethereum, the second-largest cryptocurrency, reached an all-time high of $4,954.81 on Sunday.…

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Bitcoin.com broke the news in on Sunday, August 24, 2025.
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