{"id":35077,"date":"2025-10-21T17:55:36","date_gmt":"2025-10-21T17:55:36","guid":{"rendered":"https:\/\/cryptd.in\/bitcoin-btc-explodes-to-almost-114k-leaving-550-million-in-liquidations\/"},"modified":"2025-10-21T17:55:36","modified_gmt":"2025-10-21T17:55:36","slug":"bitcoin-btc-explodes-to-almost-114k-leaving-550-million-in-liquidations","status":"publish","type":"post","link":"https:\/\/cryptd.in\/bg\/bitcoin-btc-explodes-to-almost-114k-leaving-550-million-in-liquidations\/","title":{"rendered":"Bitcoin (BTC) Explodes to Almost $114K, Leaving $550 Million in Liquidations"},"content":{"rendered":"

The primary cryptocurrency, which was underperforming earlier today, took another turn to the upside with its price soaring from under $109,000 to nearly $114,000 in a matter of hours.<\/p>\n

\"BTC<\/a>
BTC Price, Source: TradingView<\/figcaption><\/figure>\n

The impressive green candle comes shortly after the Federal Reserve\u2019s meeting, during which the central bank\u00a0revealed<\/a> it was looking into \u201cpayment accounts\u201d that would grant crypto and fintech companies access to Fed payment rails.<\/span><\/span><\/p>\n

BTC\u2019s resurgence also occurs after gold finally stopped rallying. Multiple analysts on X \u0437\u0430\u0431\u0435\u043b\u044f\u0437\u0430\u043d<\/a> the downtrend of the yellow metal, arguing that capital is now rotating towards the leading digital asset.<\/p>\n

Somewhat expected, Bitcoin\u2019s revival negatively affected traders who had previously opened too risky positions with high leverage. CoinGlass\u2019 data shows that total liquidations on a 24-hour scale have soared to roughly $556 million. BTC trades accounted for $232 million of that amount, whereas those involving Ethereum added $151 million.<\/p>\n

\"Crypto<\/a>
Crypto Liquidations, Source: CoinGlass<\/figcaption><\/figure>\n

Overall, more than 140,000 traders were recked due to the market pump. The biggest single liquidation occured on the decentralized platform Hyperliquid, involved the trading pair BTC\/USD and was valued at $14.45 million.<\/p>\n

\u041f\u0443\u0431\u043b\u0438\u043a\u0430\u0446\u0438\u044f\u0442\u0430 Bitcoin (BTC) Explodes to Almost $114K, Leaving $550 Million in Liquidations<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The primary cryptocurrency, which was underperforming earlier today, took another turn to the upside with its price soaring from under $109,000 to nearly $114,000 in a matter of hours. BTC Price, Source: TradingView The impressive green candle comes shortly after the Federal Reserve\u2019s meeting, during which the central bank\u00a0revealed it was looking into \u201cpayment accounts\u201d […]<\/p>\n","protected":false},"author":1,"featured_media":35079,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-35077","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"\nBitcoin (BTC) Explodes to Almost $114K, Leaving $550 Million in Liquidations - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/bg\/bitcoin-btc-explodes-to-almost-114k-leaving-550-million-in-liquidations\/\" \/>\n<meta property=\"og:locale\" content=\"bg_BG\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin (BTC) Explodes to Almost $114K, Leaving $550 Million in Liquidations - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"The primary cryptocurrency, which was underperforming earlier today, took another turn to the upside with its price soaring from under $109,000 to nearly $114,000 in a matter of hours. 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