Bitcoin Whipsaws as Crypto Liquidations Near $1 Billion
Hot inflation data revived Fed rate-hike bets, and leveraged bulls paid the bill as nearly $1 billion in crypto positions were liquidated.
Hot inflation data revived expectations of Federal Reserve rate hikes, triggering a sharp whipsaw in Bitcoin and nearly $1 billion in crypto liquidations. Leveraged long positions bore the brunt of the sell-off as traders were forced to unwind bets. The scale of liquidations signals fragile positioning and could keep volatility elevated in the near term.
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22M AGOBitcoin Magazine · Score 65 · via Hot Inflation, Inflation Data
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55M AGOYou’re reading thisBitcoin Whipsaws as Crypto Liquidations Near $1 BillionDecrypt · Score 75
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4H AGODecrypt · Score 72 · via Hot Inflation, Hot
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8H AGOBeInCrypto · Score 65 · via $80,000 Hot, Hot
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8H AGOCryptoNews · Score 65 · via Fed Rate, rate-hike
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9H AGOCrypto Briefing · Score 45 · via Fed rate, hike
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11H AGOCrypto Briefing · Score 65 · via liquidated, long positions
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12H AGOCoinDesk · Score 75 · via $81,000, hike
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12H AGOBeInCrypto · Score 65 · via Liquidations $1B, $1B
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19H AGOCryptoSlate · Score 72 · via 3.7%, hike
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22H AGOBitcoin.com News · Score 65 · via Bitcoin Slips, Slips
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23H AGOThe Block · Score 75 · via hike, Fed hike
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23H AGOCrypto Briefing · Score 55 · via long positions, positions liquidated
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14 OCT · 15:00CryptoSlate · Score 85 · via hike, odds
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14 OCT · 14:51Decrypt · Score 75 · via Hot Inflation, Hot
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14 OCT · 14:30Bitcoin Magazine · Score 55 · via Inflation Data, Hotter-Than-Expected Hotter-Than-Expected
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14 OCT · 13:50Bitcoin.com News · Score 75 · via 3.7%, US Inflation
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14 OCT · 12:35CryptoPotato · Score 75 · via September CPI, CPI
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14 OCT · 12:35BeInCrypto · Score 75 · via Fed Hike, Hike
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14 OCT · 12:33CoinDesk · Score 85 · via hot, sending
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14 OCT · 10:51CoinDesk · Score 25 · via inflation data, $83,000
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14 OCT · 09:45CoinDesk · Score 55 · via September CPI, CPI
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12 OCT · 11:41Decrypt · Score 47 · via Inflation Data, Ranges