Core Viewpoint - The cryptocurrency market has experienced a significant downturn, with major cryptocurrencies like Bitcoin and Ethereum seeing substantial price drops, leading to over 230,000 liquidations totaling approximately $1.024 billion [1][7]. Market Performance - Bitcoin's price fell below $97,000, with a 24-hour decline of over 4% [1]. - Ethereum approached $3,100, experiencing a nearly 10% drop within the same timeframe [3]. - Other major cryptocurrencies, including Solana, Dogecoin, XRP, and Cardano, also reported notable declines [5]. Liquidation Data - Over 230,000 traders were liquidated in the past 24 hours, with total liquidations amounting to $1.024 billion, of which $888 million were from long positions and $136 million from short positions [7]. - The largest single liquidation occurred on the HTX-BTC-USDT pair [7]. Market Dynamics - Data from CoinGlass indicates that the majority of the selling pressure is driven by U.S. retail investors, with the Coinbase premium index showing deep negative values, suggesting significant selling pressure in the U.S. market compared to buying interest in Asia and Europe [8]. - The correlation between Bitcoin and the Nasdaq index remains high at 0.8, with Bitcoin's price movements being more bearish than the stock index, reflecting greater sensitivity to negative market sentiment [9]. Macroeconomic Factors - Concerns over the U.S. government's inability to release key economic data due to a recent "shutdown" have contributed to market uncertainty, with potential implications for interest rate decisions [10]. - Federal Reserve officials have expressed hawkish views regarding inflation, indicating a cautious stance on future interest rate cuts, which may further impact the cryptocurrency market [10].
全线暴跌!超23万人爆仓
Zhong Guo Ji Jin Bao·2025-11-14 05:39