{"id":104555,"date":"2025-10-14T08:43:11","date_gmt":"2025-10-14T08:43:11","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=104555"},"modified":"2025-10-14T08:43:11","modified_gmt":"2025-10-14T08:43:11","slug":"massive-liquidations-hit-210k-traders-as-bitcoin-altcoins-slump-again-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=104555","title":{"rendered":"Massive Liquidations Hit 210K Traders as Bitcoin, Altcoins Slump Again: Market Watch"},"content":{"rendered":"

Bitcoin\u2019s impressive price recovery that began over the weekend has come to a halt as the asset slumped by over four grand after it was rejected at $116,000.<\/p>\n

The altcoins have produced even more painful declines within the same timeframe, which include double-digit corrections by the likes of BNB, MNT, ZEC, and others.<\/p>\n

BTC Slides to $112K<\/h2>\n

The previous business week ended<\/a> with one of the worst crashes in recent crypto history after US President Donald Trump threatened China with a new set of tariffs for certain products. BTC went from $122,000 ahead of the statement to $110,000 before a mass wave of liquidations hit it even harder, and it plunged to $101,000 on some exchanges, such as Binance.<\/p>\n

After this flushout<\/a>, the cryptocurrency bounced off and surged past $110,000 over the weekend. It kept climbing on Sunday and Monday, touching $116,000. Thus, it had regained $15,000 from the bottom in just a few days.<\/p>\n

However, the bears reemerged on Tuesday morning. BTC was stopped at that resistance and pushed south by over four grand, slipping below $112,000 earlier today. It currently hovers around that level, as its market capitalization has dropped further to $2.235 trillion on CG.<\/p>\n

Its dominance over the altcoins has regained some traction since yesterday and is up to 57.5%.<\/p>\n

<\/a>BTCUSD. Source: TradingView<\/p>\n

Alts Bleed Out<\/h2>\n

The altcoins have been hit even harder in the past several hours. The recent high-flyer BNB, which tapped<\/a> a new all-time high yesterday, has plummeted by over 11% and is close to breaking below $1,200 as of now. MNT and ZEC are the other double-digit daily losers.<\/p>\n

Ethereum dropped to $4,000 after a 4% decline, XRP has slumped beneath $2.5 following a 6% drop, while DOGE is down to $0.20 after a 5.25% decrease. Further losses are evident from ADA, HYPE, XLM, and many others.<\/p>\n

This substantial volatility has harmed over-leveraged traders again, as the total number of wrecked such market participants is well over 210,000 on a daily scale. The total value of liquidated positions has jumped to $630 million on CoinGlass.<\/p>\n

<\/a>Liquidations Data on CoinGlass<\/p>\n

The post Massive Liquidations Hit 210K Traders as Bitcoin, Altcoins Slump Again: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s impressive price recovery that began over the weekend has come to a halt as the asset slumped by over four grand after it was rejected at $116,000. The altcoins have produced even more painful declines within the same timeframe, which include double-digit corrections by the likes of BNB, MNT, ZEC, and others. BTC Slides […]<\/p>\n","protected":false},"author":0,"featured_media":104556,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-104555","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/104555"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=104555"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/104555\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/104556"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=104555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=104555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=104555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}