{"id":83689,"date":"2025-07-25T07:55:58","date_gmt":"2025-07-25T07:55:58","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=83689"},"modified":"2025-07-25T07:55:58","modified_gmt":"2025-07-25T07:55:58","slug":"live-bitcoin-crypto-news-btc-dumps-1-18b-as-liquidations-hit-731m-but-altcoins-like-syrup-and-graphite-soar","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=83689","title":{"rendered":"[LIVE] Bitcoin Crypto News: BTC Dumps $1.18B as Liquidations Hit $731M \u2013 But Altcoins Like SYRUP and Graphite Soar"},"content":{"rendered":"

Bitcoin faced heavy selling pressure after the news that Galaxy Digital reportedly sold off 10,000 BTC<\/a> worth $1.18 billion. They later added more pressure by sending another 2,850 BTC ($330 million) to exchanges just minutes before the market started to slide.<\/p>\n

Over the last 24 hours, more than $731 million in crypto positions were liquidated, according to CoinGlass. Nearly 214,000 traders were caught in the move, many of them betting on further price increases.<\/p>\n

Ethereum dropped 1.3% to $3,598 and saw $104 million in long positions wiped out. Dogecoin took an even bigger hit, falling 7% to $0.22 and losing $26 million in longs.<\/p>\n

Despite the drop, crypto sentiment remains bullish. Bitcoin recently hit an all-time high of $123,100 on July 14. The Crypto Fear & Greed Index is still showing \u201cGreed\u201d with a score of 66.<\/p>\n\n

(BTCUSDT<\/a><\/strong>)<\/p>\n

Bitcoin is pulling back after rejecting near $122,000 and is now holding just above the $115,600 support level. If this level breaks, the next key support sits around $108,300. The overall trend remains bullish above that zone, but short-term momentum is weakening. A bounce from current levels could retest $119K\u2013$120K, while a deeper correction might target $108K if selling accelerates.<\/p>\n

But for now, traders are cautious. If BTC drops back to $119,500, around $3 billion in short positions could be at risk.<\/p>\n

EXPLORE:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now<\/a><\/strong><\/p>\n

Bitcooin Latest News \u2013 BTC Price Drops But These Altcoins Are Showing Strength<\/h2>\n

While large caps dipped following the news of huge sell-offs, some altcoins surged. SYRUP by Maple Finance jumped 24.5% after being listed on Upbit, one of South Korea\u2019s top exchanges, and is now up 33% on the day.<\/p>\n

JUST IN: $SYRUP<\/a> by @maplefinance<\/a> is up 24.5% after being listed on Upbit. pic.twitter.com\/oBnZ5m8kGn<\/a><\/p>\n

\u2014 CoinGecko (@coingecko) July 25, 2025<\/a><\/p>\n\n

Meanwhile, Graphite (GP) is up over 40% in the last 24 hours and nearly 4500% in one month, showing that not all crypto assets are following Bitcoin\u2019s lead. Graphite Protocol is a creator-focused platform starting on Solana, aiming to simplify project launches across multiple blockchains like ETH and Polygon. It offers no-code tools, minting infrastructure, and on-chain utilities like casino games.<\/p>\n

In general, the rest of the altcoins are recovering from the overnight dump with BONK already up 8% and ETH recovering a 3%.<\/p>\n

<\/span><\/p>\n

\n
\n
\n
\n\t\t<\/span>
\n\t\t
\n\t\t\t26 minutes\t\t\tago\t\t<\/a><\/div>\n
\n

BonkFun, BONK\u2019s Launchpad, Hits New All-Time High in Market Share<\/h2>\n<\/div>\n
\n
\n\t\t\t\tBy Fatima<\/span>\n\t\t\t<\/div>\n<\/div>\n
\n
BonkFun has reached a record 82.8% share of the launchpad market, its highest since launching three months ago. In the past 19 days, since becoming the leading launchpad, it has generated $26.73 million in fees, averaging $1.41 million per day.<\/div>\n
\u00a0<\/div>\n
A total of 58% of BonkFun fees go directly into buying BONK:<\/div>\n

50% is used to buy and burn BONK
\n4% goes to the Strategic BONK Reserves
\n4% funds the BonkRewards program<\/p>\n

Yesterday, BonkFun collected $1.98 million in fees, once again outperforming Solana, Ethereum, and Fantom in daily revenue.<\/div>\n
<\/div>\n
(DUNE<\/a>)<\/div>\n
\u00a0<\/div>\n
Many see BONK as the next big hype trade, with some comparing it to the early days of HYPE. Supporters believe Bonk is now on its way to a $10 billion+ market cap.<\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n

<\/p>\n

The post [LIVE] Bitcoin Crypto News: BTC Dumps $1.18B as Liquidations Hit $731M \u2013 But Altcoins Like SYRUP and Graphite Soar<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin faced heavy selling pressure after the news that Galaxy Digital reportedly sold off 10,000 BTC worth $1.18 billion. They later added more pressure by sending another 2,850 BTC ($330 million) to exchanges just minutes before the market started to slide. Over the last 24 hours, more than $731 million in crypto positions were liquidated, […]<\/p>\n","protected":false},"author":0,"featured_media":83690,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83689","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\/83689"}],"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=83689"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83689\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/83690"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=83689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=83689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=83689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}