{"id":62110,"date":"2025-10-31T02:16:47","date_gmt":"2025-10-31T02:16:47","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-falls-to-106k-as-crypto-liquidations-hit-1-billion\/"},"modified":"2025-10-31T02:16:47","modified_gmt":"2025-10-31T02:16:47","slug":"bitcoin-falls-to-106k-as-crypto-liquidations-hit-1-billion","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-falls-to-106k-as-crypto-liquidations-hit-1-billion\/","title":{"rendered":"Bitcoin falls to $106k as crypto liquidations hit $1 billion"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/bitcoin-price-dump-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/bitcoin-price-dump-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/bitcoin-price-dump-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/bitcoin-price-dump-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li><span style=\"font-weight: 400;\">Bitcoin price fell to near $106,400, a sharp decline as stocks also tanked.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Liquidations hit over $1 billion, with more than $400 million for BTC bulls.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Most top altcoins plummeted too, with Ethereum dipping to under $3,700 and Solana to $179.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The crypto market\u2019s latest bearish flip has seen Bitcoin price plummeting to around $106,411, its lowest value since dipping to near $104,000 on October 17.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With overall weakness across risk assets, Bitcoin\u2019s sharp drop wiped out billions in market value and triggered widespread liquidations that topped $1 billion as of writing on Oct. 30, 2025<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Notably, this sell-off comes <a href=\"https:\/\/coinjournal.net\/news\/bitcoin-altcoins-slip-as-the-fed-lowers-interest-rates-by-25-basis-points\/\">amid macroeconomic pressures<\/a>, including uncertainty over Federal Reserve interest rate policies and disappointing corporate earnings from tech giants.\u00a0<\/span><\/p>\n<h2>Bitcoin dumps to near $106k amid crypto weakness<\/h2>\n<p><span style=\"font-weight: 400;\">As noted, Bitcoin experienced a sharp decline on October 30, 2025, falling to a low of $106,411 as broader crypto weakness intensified.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This drop came alongside a tumultuous day in traditional markets, where stocks also tanked, led by the Nasdaq Composite. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The tech heavy index fell more than 1.4% and the S&amp;P 500 lost over 0.8% as stocks pared recent gains.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Weakness in crypto mirrors the broader financial landscape, where Federal Reserve Chair Jerome Powell\u2019s cautious stance on a potential December rate cut added to the uncertainty, contributing to the decline in equities.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As such, market sentiment has turned increasingly bearish, with predictions suggesting further downside pressure. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Traders on betting platform Polymarket now see a <a href=\"https:\/\/x.com\/BitcoinMagazine\/status\/1983983246909304990\" target=\"_blank\" rel=\"noopener\">61% chance<\/a> that Bitcoin will dip below $100,000 before 2026. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is a notable increase in probability that underscores growing pessimism among participants.<\/span><\/p>\n<p>However, analysts are bullish still, with BTC having tanked to lows near $100k and bounced hard in subsequent sessions.<\/p>\n<h2>Crypto liquidations hit $1 billion as altcoins tank<\/h2>\n<p><span style=\"font-weight: 400;\">Broader market turmoil has culminated in liquidations surpassing $1 billion over the past 24 hours, with this coming as leveraged positions were forcibly closed amid cascading price drops.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Data indicates that long positions bore the brunt, accounting for the majority of losses, with Bitcoin liquidations alone totaling around $424 million.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ethereum followed with substantial wipeouts estimated at $317 million, while Solana saw approximately $79 million in liquidations. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">While these figures pale in comparison to the $19 billion wiped out recently, they are still one of the largest single-day events in recent months.<\/span><\/p>\n<p><a href=\"https:\/\/www.coinglass.com\/LiquidationData\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Coinglass data<\/span><\/a><span style=\"font-weight: 400;\"> shows the liquidations hit 237,311 traders, with largest single liquidation being $21.4 million in BTC-USD on Hyperliquid.<\/span><\/p>\n<p>Data nonetheless shows more traders stand to be wiped out if BTC jumps above $112,000.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udea8 $3 BILLION Bitcoin shorts to be liquidated if BTC rallies just 5% to $112,600 \ud83d\ude4f <a href=\"https:\/\/t.co\/ukA0bbrju1\">pic.twitter.com\/ukA0bbrju1<\/a><\/p>\n<p>\u2014 Bitcoin Archive (@BTC_Archive) <a href=\"https:\/\/twitter.com\/BTC_Archive\/status\/1983984251247722995?ref_src=twsrc%5Etfw\">October 30, 2025<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">All top 10 altcoins by market capitalization have tanked in tandem, with Ethereum dropping to $3,680, BNB to $1,050 and XRP to $2.36. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Solana price fell to $179 as Jump Crypto reportedly swapped $205 million SOL for Bitcoin.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/bitcoin-falls-to-106k-as-crypto-liquidations-hit-1-billion\/\">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 price fell to near $106,400, a sharp decline as stocks also tanked. Liquidations hit over $1 billion, with more than $400 million for BTC bulls. Most top altcoins plummeted too, with Ethereum dipping to under $3,700 and Solana to $179. [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":62111,"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\/62110"}],"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\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=62110"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/62110\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/62111"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=62110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=62110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=62110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}