The primary cryptocurrency, which was underperforming earlier today, took another turn to the upside with its price soaring from under $109,000 to nearly $114,000 in a matter of hours.<\/p>\n
<\/a>BTC Price, Source: TradingView<\/p>\n The impressive green candle comes shortly after the Federal Reserve\u2019s meeting, during which the central bank\u00a0revealed<\/a> it was looking into \u201cpayment accounts\u201d that would grant crypto and fintech companies access to Fed payment rails.<\/span><\/span><\/p>\n BTC\u2019s resurgence also occurs after gold finally stopped rallying. Multiple analysts on X spotted<\/a> the downtrend of the yellow metal, arguing that capital is now rotating towards the leading digital asset.<\/p>\n Somewhat expected, Bitcoin\u2019s revival negatively affected traders who had previously opened too risky positions with high leverage. CoinGlass\u2019 data shows that total liquidations on a 24-hour scale have soared to roughly $556 million. BTC trades accounted for $232 million of that amount, whereas those involving Ethereum added $151 million.<\/p>\n <\/a>Crypto Liquidations, Source: CoinGlass<\/p>\n Overall, more than 140,000 traders were recked due to the market pump. The biggest single liquidation occured on the decentralized platform Hyperliquid, involved the trading pair BTC\/USD and was valued at $14.45 million.<\/p>\n The post Bitcoin (BTC) Explodes to Almost $114K, Leaving $550 Million in Liquidations<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The primary cryptocurrency, which was underperforming earlier today, took another turn to the upside with its price soaring from under $109,000 to nearly $114,000 in a matter of hours. BTC Price, Source: TradingView The impressive green candle comes shortly after the Federal Reserve\u2019s meeting, during which the central bank\u00a0revealed it was looking into \u201cpayment accounts\u201d […]<\/p>\n","protected":false},"author":0,"featured_media":106543,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-106542","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\/106542"}],"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=106542"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/106542\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/106543"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=106542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=106542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=106542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![<\/a>BTC Price, Source: TradingView<\/p>\nThe impressive green candle comes shortly after the Federal Reserve\u2019s meeting, during which the central bank\u00a0revealed<\/a> it was looking into \u201cpayment accounts\u201d that would grant crypto and fintech companies access to Fed payment rails.<\/span><\/span><\/p>\nBTC\u2019s resurgence also occurs after gold finally stopped rallying. Multiple analysts on X spotted<\/a> the downtrend of the yellow metal, arguing that capital is now rotating towards the leading digital asset.<\/p>\nSomewhat expected, Bitcoin\u2019s revival negatively affected traders who had previously opened too risky positions with high leverage. CoinGlass\u2019 data shows that total liquidations on a 24-hour scale have soared to roughly $556 million. BTC trades accounted for $232 million of that amount, whereas those involving Ethereum added $151 million.<\/p>\n<\/a>Crypto Liquidations, Source: CoinGlass<\/p>\nOverall, more than 140,000 traders were recked due to the market pump. The biggest single liquidation occured on the decentralized platform Hyperliquid, involved the trading pair BTC\/USD and was valued at $14.45 million.<\/p>\nThe post Bitcoin (BTC) Explodes to Almost $114K, Leaving $550 Million in Liquidations<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"The primary cryptocurrency, which was underperforming earlier today, took another turn to the upside with its price soaring from under $109,000 to nearly $114,000 in a matter of hours. BTC Price, Source: TradingView The impressive green candle comes shortly after the Federal Reserve\u2019s meeting, during which the central bank\u00a0revealed it was looking into \u201cpayment accounts\u201d […]<\/p>\n","protected":false},"author":0,"featured_media":106543,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-106542","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\/106542"}],"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=106542"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/106542\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/106543"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=106542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=106542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=106542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/BTC-Price-11.png\"){kind=link}
![<\/a>Crypto Liquidations, Source: CoinGlass<\/p>\nOverall, more than 140,000 traders were recked due to the market pump. The biggest single liquidation occured on the decentralized platform Hyperliquid, involved the trading pair BTC\/USD and was valued at $14.45 million.<\/p>\nThe post Bitcoin (BTC) Explodes to Almost $114K, Leaving $550 Million in Liquidations<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"The primary cryptocurrency, which was underperforming earlier today, took another turn to the upside with its price soaring from under $109,000 to nearly $114,000 in a matter of hours. BTC Price, Source: TradingView The impressive green candle comes shortly after the Federal Reserve\u2019s meeting, during which the central bank\u00a0revealed it was looking into \u201cpayment accounts\u201d […]<\/p>\n","protected":false},"author":0,"featured_media":106543,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-106542","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\/106542"}],"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=106542"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/106542\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/106543"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=106542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=106542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=106542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Liquidations.png\"){kind=link}