
{"id":120029,"date":"2025-12-12T16:33:13","date_gmt":"2025-12-12T16:33:13","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=120029"},"modified":"2025-12-12T16:33:13","modified_gmt":"2025-12-12T16:33:13","slug":"bitcoin-crashes-3k-in-minutes-as-liquidations-explode-again-on-friday","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=120029","title":{"rendered":"Bitcoin Crashes $3K in Minutes as Liquidations Explode Again on Friday"},"content":{"rendered":"<p>The price movements from last Friday repeated, with bitcoin tumbling several grand in just minutes, dropping below $90,000.<\/p>\n<p>Most altcoins followed suit, and it\u2019s no surprise that the total value of liquidated positions has rocketed past $400 million.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/12\/BTCUSD-Dec-12.png\"><\/a>BTCUSD Dec 12. Source: TradingView<\/p>\n<p><em>CryptoPotato<\/em> <a href=\"https:\/\/cryptopotato.com\/us-fed-cuts-rates-bitcoin-price-stabilizes-above-90k-zec-reignates-rally-your-weekly-crypto-recap\/\">reported<\/a> just over an hour ago that BTC\u2019s price had stabilized above $92,000 after the highly volatile week it had. Recall that the asset <a href=\"https:\/\/cryptopotato.com\/bitcoin-price-soars-to-94k-on-escalating-odds-of-another-rate-cut\/\">skyrocketed<\/a> from under $90,000 to over $94,000 before and after the US Federal Reserve reduced the interest rates mid-week.<\/p>\n<p>However, it slipped beneath $89,500 yesterday before the bulls initiated an impressive leg up to $93,600. Bitcoin was stopped there but maintained a healthy price tag of around $92,300 until an hour ago, when it suddenly dropped to $89,600.<\/p>\n<p>It has managed to recover some ground and is now testing the $90,000 mark. Most altcoins have followed suit with even more painful declines within the same timeframe.<\/p>\n<p>Ethereum is among the poorest performers, having lost 4.5% of value and now sitting just inches above $3,000. Just a few days ago, ETH flew past $3,400 but met a violent rejection at that point.<\/p>\n<p>ARB, UNI, ENA, and AAVE have dumped by up to 5.5% in the past hour. As such, the total value of wrecked positions has jumped to $415 million on a daily scale, with $163 million coming in the past hour alone.<\/p>\n<p>More than 120,000 traders have been wiped out daily, while the single-largest liquidated position (worth $5.7 million) took place on Hyperliquid.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-12-182951.png\"><\/a>Liquidation Data on CoinGlass<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-crashes-3k-in-minutes-as-liquidations-explode-again-on-friday\/\">Bitcoin Crashes $3K in Minutes as Liquidations Explode Again on Friday<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>The price movements from last Friday repeated, with bitcoin tumbling several grand in just minutes, dropping below $90,000. Most altcoins followed suit, and it\u2019s no surprise that the total value of liquidated positions has rocketed past $400 million. BTCUSD Dec 12. Source: TradingView CryptoPotato reported just over an hour ago that BTC\u2019s price had stabilized [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":120030,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-120029","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\/120029"}],"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=120029"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/120029\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/120030"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=120029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=120029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=120029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}