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Bitcoin Price Drops Below $115,000 Amid Market Turbulence

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bitcoin price drops amid turbulence
Key Takeaways:
  • Main event, leadership changes, market impact, financial shifts, or expert insights.
  • Bitcoin fell, causing major liquidations.
  • Crypto market lost $100 billion in 24 hours.
bitcoin-price-drops-below-115000-amid-market-turbulence
Bitcoin Price Drops Below $115,000 Amid Market Turbulence

Bitcoin declined below $115,000 on August 18, 2025, dropping by 2.8% and causing extensive liquidations. Over $100 million in long positions were liquidated, impacting Bitcoin and Ethereum most significantly, with the market losing over $100 billion in value.

Maga

Bitcoin fell below $115,000 on August 18, 2025, triggering significant liquidations and market losses. Key players noted a shift in trader sentiment and macro conditions as the broader crypto market lost over $100 billion in value.

The Bitcoin market’s decline below $115,000 is significant as it reflects trader sentiment shifts and broad market instability. This change resulted in substantial liquidations and repositioning by market participants.

Bitcoin’s decline was observed by major exchange executives and traders. Vikram Subburaj from Giottus.com emphasizes the potential trouble ahead:

“Bitcoin has dropped 5% on the weekly timeframe and is likely to test key support at $115,000. With gold and silver likely to rally, Bitcoin and key altcoins may have a troubled week ahead after US PPI data reignited macro concerns last week.”

Notable trader Junaid Dar noted substantial liquidations within 24 hours.

The immediate effects include over $100 million in long liquidations, particularly in Bitcoin and Ethereum. Market value reduction causes uncertainty as investors focus on potential support levels between $112,000 and $105,000.

Financial impacts involve institutional hesitancy, evident from Bitcoin ETF outflows. No new funding rounds were reported, implying cautious investor sentiment amidst ongoing macroeconomic concerns affecting cryptocurrencies.

Insights on potential outcomes suggest traders and analysts remain focused on support levels, using historical trends to guide decisions. Ongoing macroeconomic factors and market sentiment will heavily influence recovery or further declines in the near term.

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