Low impact

Nearly $1 billion in crypto positions were liquidated as bitcoin, ether and XRP fell, with ether accounting for about 60% of forced closures and falling roughly twice as much as bitcoin.

CoinDesk10/15, 11:25 AM

Figures as quoted by CoinDesk

Market impact

Which way this story pushes each asset. An inference from the story, not a measured move.

BTC
Pushes down
IntradayMedium confidence
Bitcoin fell alongside forced liquidations hitting leveraged positions

What could change this

Liquidation-driven selling can reverse quickly once leveraged positions are flushed out.

80,936.02-0.74%vs previous close

-0.33%

since this story

Measured from the price when this story was posted to the latest stored price, so it can lag the live price.

This story

09/25, 07:00 AMNow