#latestupdates for August 19, 2025 – $400M Wiped Out in Crypto Liquidations as $BTC Bitcoin Drops Below $115K on Macro Concerns
The crypto market continues to be in slight bearish mode as Bitcoin slipped below $115,000 and Ethereum fell under $4,200, contributing to over $400 million in liquidations in the past 24 hours. Most sectors saw declines, with DeFi and Meme tokens dropping more than 2%, while the PayFi sector remained relatively resilient. Despite the broader downturn, OKB and POL bucked the trend with notable gains.
The crypto market continues to be in slight bearish mode as Bitcoin slipped below $115,000 and Ethereum fell under $4,200, contributing to over $400 million in liquidations in the past 24 hours. Most sectors saw declines, with DeFi and Meme tokens dropping more than 2%, while the PayFi sector remained relatively resilient. Despite the broader downturn, OKB and POL bucked the trend with notable gains.