比特币暴跌冲击市场，加密爆仓超20万，交易员急喊风险升级

Core Insights - The cryptocurrency market experienced a sudden and severe sell-off, with Bitcoin's price plummeting from $122,000 to $103,900, a drop of 15% [1] - Major cryptocurrencies like Ethereum, XRP, Dogecoin, and Cardano also faced significant declines, with price drops exceeding 20% [3] - The total liquidation amount in the cryptocurrency market reached $19.3 billion, affecting 1.67 million investors within 24 hours [3] Market Reactions - Following the initial sell-off, a warning from a trader known for accurately predicting the 2022 cryptocurrency crash circulated, suggesting that the current downturn might be a precursor to a larger disaster [5][7] - The volatility in the options market has intensified, influencing the price movements of underlying assets as investors seek protection against further declines [11] Price Trends - Bitcoin's price fluctuated throughout 2025, starting around $95,000, dropping below $80,000 in April, and reaching a peak of $122,000 before the recent downturn [12] - As of October 12, Bitcoin's price fell to $109,992, with a 24-hour decline of nearly 3%, while other cryptocurrencies like XRP and Solana saw even steeper declines of 4.83% and 7.32%, respectively [9] Market Sentiment - The current market environment is characterized by heightened uncertainty, with risk assets under pressure and a growing demand for derivatives as a hedge against potential losses [11] - The cryptocurrency market is increasingly intertwined with traditional finance, leading to more pronounced market volatility as investors chase high returns while facing significant risks [14]