#Crypto Market Faces $900M #Liquidations Amid $BTC Retreat


$BTC dropped to approximately $110,000 on Tuesday, hitting a seven-week low and triggering over $900 million in leveraged position liquidations. The broader crypto market declined nearly 2%, with the GMCI 30 Index falling 3% as volatility spiked ahead of key U.S. economic releases.


Daily $BTC volatility jumped from 15% to 38%, while $ETH volatility surged from 41% to 70%. Options markets showed the strongest demand for downside protection in two weeks, with 25-delta skew turning negative for both major cryptocurrencies.


Analysts flagged potential retests of $100,000 for $BTC and $4,000 for Ethereum by late September. Technical indicators show fragility if $BTC fails to hold around the short-term holder cost basis near $110,000, with critical support levels at $103,700 and $100,800.


Despite the sell-off, corporate treasuries continued to accumulate digital assets. #MicroStrategy purchased 3,081 $BTC for $357 million on Monday, while spot $ETH #ETFs attracted $444 million in daily inflows, outperforming $BTC products during the #MarketVolatility.

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August 27, 2025 at 3:55 AM
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