A year after crypto’s biggest liquidation, Bitcoin still hasn’t reclaimed its peak.
On October 10 2025, escalating US‑China trade tensions sparked a rapid sell‑off, wiping out over $19 billion in leveraged positions in 24 hours – the worst single‑day liquidation in the 16‑year history of the cryptocurrency industry.
Bitcoin fell from $122,000 to $105,000 on most exchanges and to $101,000 on a few, surprising more than 1.6 million traders. The crash followed a brief Uptober rally that saw a record above $126,000 on October 7.
Since then, Bitcoin has slid 53% to under $58,000 on July 1, and now trades around $82,000‑$83,000, about 34% below the 2025 peak. Recent weeks showed a correction from $87,000 to $80,400 before rebounding, while five BIT indicators entered bullish‑regime territory.
Do you think the market will finally regain confidence, or will leveraged positions keep driving volatility?
#Bitcoin #Crypto #Liquidation #Uptober #MarketAnalysis
On October 10 2025, escalating US‑China trade tensions sparked a rapid sell‑off, wiping out over $19 billion in leveraged positions in 24 hours – the worst single‑day liquidation in the 16‑year history of the cryptocurrency industry.
Bitcoin fell from $122,000 to $105,000 on most exchanges and to $101,000 on a few, surprising more than 1.6 million traders. The crash followed a brief Uptober rally that saw a record above $126,000 on October 7.
Since then, Bitcoin has slid 53% to under $58,000 on July 1, and now trades around $82,000‑$83,000, about 34% below the 2025 peak. Recent weeks showed a correction from $87,000 to $80,400 before rebounding, while five BIT indicators entered bullish‑regime territory.
Do you think the market will finally regain confidence, or will leveraged positions keep driving volatility?
#Bitcoin #Crypto #Liquidation #Uptober #MarketAnalysis