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Over $1 Billion Liquidated in 24 Hours as Bitcoin and Altcoins Plunge Amid Market Meltdown

Bitcoinist•Saturday, October 18, 2025 at 8:00:34 AM
NegativeCryptocurrency
Over $1 Billion Liquidated in 24 Hours as Bitcoin and Altcoins Plunge Amid Market Meltdown
In a dramatic turn of events, over $1 billion in cryptocurrency positions were liquidated within just 24 hours as a significant market sell-off caused Bitcoin's price to drop from above $109,000 to around $105,000. This sharp decline has raised concerns among investors and traders alike, highlighting the volatility of the crypto market. The situation is further complicated by regulatory actions, such as Laos's decision to end crypto mining by early 2026, which could impact future market dynamics. Understanding these fluctuations is crucial for anyone involved in cryptocurrency.
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