Bullish Bets Lose $860M to Liquidations as ETH, BTC, XRP, DOGE Prices Drop 9%

Bullish Bets Lose $860M to Liquidations as ETH, BTC, XRP, DOGE Prices Drop 9%

Crypto markets saw over $1 billion in leveraged positions wiped out in the past 24 hours after hotter-than-expected U.S. Producer Price Index (PPI) data fueled fears of persistent inflation and delayed Federal Reserve rate-cut expectations. The sell-off came hours after bitcoin hit a fresh all-time high above $123,500, with traders unwinding risk across the board. Major memecoin dogecoin (DOGE) fell 9% to lead losses among majors, with Solana's …

XRP price down 3.95% in 24 hours as market liquidations exceed $1 billion

Single-hour volume hits 436.98M units, one of Q3’s highest. Support holds at $3.05–$3.09 amid heavy selling. Resistance at $3.13 and $3.20 eyed for short-term reversal. XRP’s price fell in the last 24 hours, sliding from $3.34 to $3.10, as cryptocurrency markets faced over $1 billion in liquidations. The token is currently trading at $3.10, down 3.95% in the same period, after touching $3.05 — its lowest level in more than a week — before stabil…

Dark Clouds Over Ethereum, Will the ETH Bulls Clear the Skies?

Ethereum is currently hovering around the $4.6K mark. The market has recorded over $342 million in ETH liquidations. The crypto market is riding a volatile rollercoaster. Bitcoin (BTC), the largest asset, smashed through a new ATH yesterday at $124,457. Today, the market has turned bearish, with some tokens staying green. If the assets continue to remain under bearish pressure, the recovery might be difficult. Notably, the largest altcoin, Ether…

Crypto Market Liquidations Exceed $1 Billion as PPI Report Sparks Downturn

The post Crypto Market Liquidations Exceed $1 Billion as PPI Report Sparks Downturn appeared on BitcoinEthereumNews.com. Total crypto liquidations exceeded $1 billion over the past 24 hours, as the crypto market capitalization dropped to $3.98 trillion, down $133 billion in the same time frame. 90% of the top ten cryptocurrencies were in the red. Furthermore, experts point to the July Producer Price Index (PPI) report as the key catalyst behind …

Crypto Crashes $1B+ Liquidations—Is The Bear Move Just Beginning Or Time To Buy The Dip?

Today, August 15, 2025, the crypto market experienced chaos as over $1 billion was wiped out, causing concern among traders. Some fear this could be the start of a long bear market, while others see it as a great chance to “buy the dip.” Yesterday, hotter-than-expected U.S. PPI data indicated that inflation might still be on the rise, leading to a sharp market reaction. Bitcoin fell by 5% to $118,000, and the overall crypto market cap dropped by…