Bitcoin, Ethereum, Dogecoin, XRP Slide As Crypto Liquidations Top $500 Million: Analyst Says This Is What Is In Store For BTC In The Current Quarter

    📊Market Analysis
    August 19, 2025 at 02:06:30
    XRP at Publish:
    XRP Logo$3.04

    Summary

    • XRP declined 0.15%, trading at $3.07 amid overall crypto market downturn. • Over $535 million in crypto liquidations occurred in 24 hours, mostly longs. • Bitcoin's market share dropped below 59%, with $422 million in BTC longs at risk.

    Leading cryptocurrencies fell further, while stocks barely changed on Monday as investors trimmed risk appetite.


    Cryptocurrency Gains +/- Price (Recorded at 9:20 p.m. ET)
    Bitcoin (CRYPTO: BTC) -0.81% $116,487.79
    Ethereum (CRYPTO: ETH)
    -2.77% $4,339.70
    XRP (CRYPTO: XRP) -0.15% $3.07
    Solana (CRYPTO: SOL) -2.50% $185.09
    Dogecoin (CRYPTO: DOGE) -3.37% $0.2244

    More Than $400 Million In Longs Liquidated

    Bitcoin sank below $115,000 early morning but recovered to above $117,000 by evening. Trading volume jumped nearly 50% over the last 24 hours.

    Ethereum also rebounded to $4,400, but the rally could not be sustained, pushing the coin back to the early $4,300s overnight. XRP and Solana fell 0.15% and 2.50%, respectively.

    ETH's dominance rose to 13.3%, while Bitcoin's market share dropped below 59%.

    Over $535 million was liquidated from the market over the last 24 hours, with long positions accounting for $436 million. Around $422 million in BTC longs risk liquidation if the coin slips below $114,000.

    Bitcoin's open interest fell 1.24% over the last 24 hours. Meanwhile, over 57% of Binance traders with open BTC positions were betting in favor of the coin's rally.

    The "Greed" sentiment dropped further to ...

    Full story available on Benzinga.com

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