Crypto Market Faces $480M Liquidation Amid Inflation Data
- Main event, leadership changes, market impact, financial shifts, or expert insights.
- Over $480 million liquidated in long positions.
- Debate sparked on Bitcoin’s long-term value.
Bitcoin’s price fell sharply below $109,000 in August 2025 following a major selloff of 24,000 BTC, leading to over $480 million in long position liquidations globally.
Peter Schiff’s criticism highlights ongoing concerns over Bitcoin’s volatility and its impact on investors, as heightened market activity and institutional actions exacerbate tension.
Bitcoin’s price drop below $109,000 triggered a rapid liquidation of long positions, surpassing $480 million, heightened by hotter-than-expected PCE inflation data, causing debate and criticism within the crypto community.
Peter Schiff, a known Bitcoin critic and CEO of Euro Pacific Capital, argued for selling Bitcoin as its value receded. He suggested a possible decline to $75K, linking this move to broader market concerns.
The impact was significant, with Bitcoin and Ethereum witnessing heavy liquidations. Confusion in the market was further fueled by institutional moves from key players like MicroStrategy .
Market reactions highlight a widening divide between retail panic and institutional strategies, as seen with MicroStrategy’s substantial Bitcoin purchases, despite the drawdown.
This incident aligns with historical market behaviors during over-leveraged conditions, where macroeconomic factors intersect with cryptocurrency dynamics.
Potential outcomes may include increased market volatility and regulatory attention, particularly as the crypto environment adapts post-liquidity. Historical trends show similar cascades during high stakes market events. Institutional behavior continues shaping long-term crypto expectations.
“Bitcoin just dropped below $109K, down 13% from its high less than two weeks ago. Given all the hype and corporate buying, this weakness should be cause for concern. At a minimum, a decline to about $75K is in play, just below $MSTR’s average cost. Sell now and buy back lower.” — Peter Schiff on X (Twitter), August 26, 2025
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Avalanche Transactions Jump 66% as Government Adoption Boosts Network Activity
Rate Cuts Priced In, But Markets Still Stumble
Despite rate cuts being widely expected, markets dropped—proving it's already priced in. Is this a classic "sell the news" moment?Market Knew About Rate Cuts—So Why the Drop?“Sell the News” in Full EffectWhat Comes After the Rate Cut?
ETH Exchange Reserves Plunge to New Lows
Ethereum exchange reserves are dropping fast, suggesting rising accumulation and reduced sell pressure.Ethereum Exchange Reserves Falling FastWhat This Means for Ethereum’s Price ActionAccumulation Phase or Major Move Incoming?
Golden Cross Flashes on Altseason Indicator 🔥
A golden cross just appeared on a key altseason chart—could this be the start of a massive altcoin rally?Technical Breakout: Golden Cross Signals Altcoin SurgeWhy This Matters for AltcoinsAltseason Incoming? Watch This Space
Trending news
MoreCrypto prices
More
