Core Viewpoint - The cryptocurrency market experienced a significant downturn on August 25, with Bitcoin dropping below $111,000 per coin and a 24-hour decline exceeding 3.3% [1][2]. Market Performance - Bitcoin, Ethereum, Dogecoin, Solana, and Cardano all saw declines of over 3% [1][4]. - In the pre-market trading of U.S. stocks, cryptocurrency-related stocks also fell, with MicroStrategy down over 4%, and other companies like BMNR and Canaan down over 3% [1]. Liquidation Data - Over the past 24 hours, global cryptocurrency liquidations reached $840 million, affecting more than 166,000 traders [1][4]. - Among the liquidations, long positions accounted for $670 million, while short positions totaled $160 million [4]. Price Analysis - Analysts noted that Bitcoin's price has returned to levels prior to Federal Reserve Chairman Jerome Powell's dovish comments last week. A recovery in bullish sentiment would require Bitcoin to surpass the previous high of $117,400 per coin [6]. - A bearish structure is indicated for Bitcoin unless it can reclaim the weekly opening price of $113,400 per coin [6]. Federal Reserve Outlook - Despite Powell's dovish signals, Bitcoin's performance remains subdued, influenced by capital rotation [7]. - Upcoming U.S. economic data, including preliminary GDP and core personal consumption expenditures, will significantly impact Bitcoin's near-term outlook [7]. - The CME FedWatch Tool indicates an 83.3% probability of a 25 basis point rate cut in September, with expectations of multiple rate cuts by the end of the year [8].
加密货币市场突然大跳水!超16万人爆仓
Sou Hu Cai Jing·2025-08-26 06:09