Crypto Circle Hot News: The crypto market experienced a "bloodbath" on Monday, with $1.8 billion in liquidations, marking the largest scale this year! Date: September 23, 2025
Source: Wenxue City Finance Report On Monday, the global cryptocurrency market saw a sudden and severe sell-off, with mainstream cryptocurrencies like Bitcoin and Ethereum collectively plunging, causing the total market capitalization to evaporate by over $150 billion in an instant! Even more shocking is that this incident triggered the largest scale of leveraged long liquidations this year: over 370,000 traders were forcibly liquidated, with total liquidation amounts reaching up to $1.8 billion. Key details: Triggering factors: Analysts pointed out that this may be related to the latest monetary policy signals from the Federal Reserve, market over-leveraging, and the linkage with traditional financial markets. Most believe this is not the end of the bull market, but rather a typical seasonal correction in September (historically, September is often a "devil's month" for the crypto market).
Impact: BTC briefly fell below the $110,000 mark but then rebounded; the DeFi and Meme coin sectors suffered particularly heavy losses.
Opportunity points: Experts suggest a wait-and-see approach in the short term, but are optimistic about institutional entry in the long term (such as BlackRock ETF) and the expansion of stablecoins (such as PayPal PYUSD launching on 9 new chains).
Friends in the crypto circle, market volatility is the norm, DYOR (Do Your Own Research)! What do you think about this big drop? Is it a buying opportunity or should we continue to observe? Feel free to discuss in the comments~
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