Group 1 - The cryptocurrency market experienced a significant downturn, with Bitcoin prices dropping to a seven-month low, leading to a total market cap loss exceeding $1 trillion [1] - Bitcoin reached a low of $88,522 during trading, affecting various investors, including retail buyers and digital asset reserve companies [1] - The total cryptocurrency market cap peaked at approximately $4.3 trillion on October 6, currently hovering around $3.2 trillion, indicating that these changes primarily reflect paper losses rather than actual capital outflows [1] Group 2 - A forced liquidation event on October 10 revealed market vulnerabilities, with over $19 billion in leveraged cryptocurrency positions being sold off, causing a chain reaction of margin calls and capital outflows from exchanges [3] - The previous bullish momentum for Bitcoin, which peaked above $126,000 earlier this year, was supported by expectations of multiple rate cuts by the Federal Reserve and increased institutional adoption, both of which have weakened [3] - Ethereum has also fallen below $3,000, having previously approached $5,000 in August, but has since retraced all gains, indicating a broader market correction [3]
万亿市值灰飞烟灭！比特币暴跌引发加密货币“血洗”，市场目光聚焦7.7万“生死线”
Zhi Tong Cai Jing·2025-11-19 23:13