加密货币全线大跌！超16万人爆仓

Group 1 - The cryptocurrency market experienced a significant downturn on August 25, with Bitcoin dropping below $111,000 per coin and a 24-hour decline of over 3.3% [1][2] - Other cryptocurrencies such as Ethereum, Dogecoin, Solana, and Cardano also saw declines exceeding 3% [1][4] - The total market capitalization of cryptocurrencies fell below $400 billion, with over $840 million in liquidations affecting more than 166,000 traders [2][4] Group 2 - The recent sell-off is attributed to early investors, referred to as "whales," who acquired Bitcoin at low prices around $10, continuing to sell their holdings [1] - Analysts suggest that Bitcoin's price needs to recover above $117,400 to restore bullish sentiment, with a critical level at $113,400 for potential upward movement [6][8] - Market expectations for the Federal Reserve's interest rate decisions are influencing cryptocurrency prices, with a high probability of rate cuts in the near future [8][9]