Bitcoin Sees Over $140 Million in Liquidations Amid Crypto Market Downturn and Price Dip Below $116,000
Main Idea
The crypto market experienced a significant downturn, with Bitcoin dropping below $116,000 and over $140 million in liquidations, affecting more than 213,000 traders amid high volatility.
Key Points
1. Bitcoin (BTC) fell 2.63% to $115,356, triggering $140.06 million in liquidations, following a recent all-time high of $123,100 on July 14.
2. Ether (ETH) dropped 1.33% to $3,598, causing $104.76 million in long liquidations, while Dogecoin (DOGE) fell 7% to $0.22, wiping out $26 million in long positions.
3. A total of 213,729 trader accounts were liquidated during the market downturn, highlighting the risks of leveraged positions.
4. The Crypto Fear & Greed Index maintained a 'Greed' score of 70, suggesting some investors still see buying opportunities despite the downturn.
5. Market volatility underscores the need for disciplined risk management and continuous education for traders navigating crypto markets.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! The recent crypto
Latest News
- Large Bitcoin Transaction by Galaxy Digital May Signal Strong Market Demand Amid Potential Local Top Concerns2025-07-26 13:29:53
- Ethereum Approaches Key Resistance as Potential Breakout Could Signal Renewed Upside and Altcoin Momentum2025-07-26 13:28:35
- XRP Shows Potential for Golden Cross Amid Recent Price Dip and Increased Whale Activity2025-07-26 13:28:10
- Whale Deposits 11.37M USDC into HyperLiquid to Open 2x Leveraged XRP Long Positions2025-07-26 13:12:51
- Japan’s Regulatory Delays May Hinder Bitcoin Innovation Despite Proposed Tax Changes2025-07-26 13:11:27