{"id":59888,"date":"2025-09-23T02:19:54","date_gmt":"2025-09-23T02:19:54","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/crypto-markets-reel-after-1-7b-wipeout-bitcoin-ethereum-and-dogecoin-struggle-to-recover\/"},"modified":"2025-09-23T02:19:54","modified_gmt":"2025-09-23T02:19:54","slug":"crypto-markets-reel-after-1-7b-wipeout-bitcoin-ethereum-and-dogecoin-struggle-to-recover","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/crypto-markets-reel-after-1-7b-wipeout-bitcoin-ethereum-and-dogecoin-struggle-to-recover\/","title":{"rendered":"Crypto markets reel after $1.7B wipeout: Bitcoin, Ethereum, and Dogecoin struggle to recover"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<ul>\n<li>Bitcoin steadies near $112,574 after flash crash wipes $1.7B in leverage.<\/li>\n<li>Ethereum trades at $4,198, struggling to recover momentum.<\/li>\n<li>Macro worries, Fed policy, and liquidations keep traders cautious.<\/li>\n<\/ul>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">Cryptocurrencies continue to be defensive this Tuesday, September 23, as investors lick their wounds from the carnage that hit markets barely 24 hours ago.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">After a high-stakes selloff erased over $1.7 billion in leverage overnight, even the biggest digital coins haven\u2019t found their footing.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">The mood? Anxious, with traders bracing for more bumps ahead as macro jitters and regulatory headlines swirl.<\/p>\n<h2 class=\"mb-2 mt-4 font-display font-semimedium text-base first:mt-0\">Bitcoin, Ethereum, and friends: Cautious trade after the crash<\/h2>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">The fallout from Monday\u2019s sharp drop is still echoing across exchanges. <a href=\"https:\/\/coinjournal.net\/news\/tag\/bitcoin\/\">Bitcoin<\/a>, still the market\u2019s north star, is trying to pick itself up after dropping under $112,000.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">As of this morning, it\u2019s hovering around $112,574, just a fractional move higher that does little to erase the pain of the previous session.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">Ethereum, too, is feeling the weight. The second-largest crypto by market cap changed hands at $4,198, a modest but underwhelming move after Monday\u2019s slide to below $4,100.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">Solana is faring no better, sitting at $219 while technical analysts debate whether buyers will step in or a further drop is in store.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">XRP slipped to $2.84 as well, breaking a weeks-long upswing.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">Meanwhile, <a href=\"https:\/\/coinjournal.net\/news\/dogecoin-price-crashes-11-as-bears-wipe-1-6b-off-the-crypto-market\/\">Dogecoin<\/a> is trading at $0.24, down 3.79%, offering little consolation to holders who have already seen the token shed more than 14% since its last peak.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">The culprit? Monday\u2019s flash crash was driven by a perfect storm: technical breakdowns, surging Treasury yields in the US, ongoing macroeconomic worries, and a rush of forced liquidations that left hundreds of thousands of traders on the wrong side of the trade.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">There\u2019s little appetite for bold bets as risk aversion lingers and volumes thin out.<\/p>\n<h2 class=\"mb-2 mt-4 font-display font-semimedium text-base first:mt-0\">Beyond prices: Policy shifts and broader market moves<\/h2>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">It\u2019s not all about the charts, though. In the background, the Fed\u2019s rate outlook is shaping sentiment across risk assets.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">The central bank\u2019s slightly softer stance has analysts speculating about when relief could flow back into crypto, but for now, most remain cautious.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">Meanwhile, Google\u2019s ongoing push into blockchain infrastructure and a key crypto, blockchain, and AI conference kicking off in Zurich give the sector something to cheer about even in a tough week.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">As September draws to a close, nobody is resting easy. Volatility is the only constant, and with both policy and sentiment in flux, everyone\u2019s watching for either a relief bounce or another unforgiving leg down.<\/p>\n<\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/crypto-markets-reel-after-1-7b-wipeout-bitcoin-ethereum-and-dogecoin-struggle-to-recover\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Bitcoin steadies near $112,574 after flash crash wipes $1.7B in leverage. Ethereum trades at $4,198, struggling to recover momentum. Macro worries, Fed policy, and liquidations keep traders cautious. Cryptocurrencies continue to be defensive this Tuesday, September 23, as investors lick their [&hellip;]<\/p>\n","protected":false},"author":3947362395,"featured_media":59889,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/59888"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362395"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=59888"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/59888\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/59889"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=59888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=59888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=59888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}