{"id":77717,"date":"2026-09-04T18:24:45","date_gmt":"2026-09-04T18:24:45","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-price-rally-collapse-wipes-out-295m-in-long-positions\/"},"modified":"2026-09-04T18:24:45","modified_gmt":"2026-09-04T18:24:45","slug":"bitcoin-price-rally-collapse-wipes-out-295m-in-long-positions","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-price-rally-collapse-wipes-out-295m-in-long-positions\/","title":{"rendered":"Bitcoin Price Rally Collapse Wipes Out $295M in Long Positions"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitcoin dropped below $78,700 before recovering to $79,500 after strong U.S. employment data on Friday.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Reduced Fed rate-cut odds triggered over $295 million in long liquidations across crypto markets.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Raoul Pal expects currency debasement to drive Bitcoin above its 89% annual return trend over time.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Market Reversal Erases Gains<\/h2>\n<p>Bitcoin erased <a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-price-plunges-from-82k-as-78000-becomes-the-line\/\">nearly all its recent gains Friday<\/a> in a sharp sell-off, sparked by stronger-than-expected U.S. jobs data that experts warn diminishes the odds of a Federal Reserve rate cut sought by the Trump administration.<\/p>\n<p>Overnight data showed bitcoin\u2019s rally, which began Thursday morning, pushed the cryptocurrency above $82,000 for the first time in more than three months. After hitting an intraday peak of $82,281, it lost momentum and pulled back before finding support near $81,000.<\/p>\n<p> <iframe src=\"https:\/\/markets.bitcoin.com\/crypto\/bitcoin\/embed\" width=\"100%\" style=\"max-height:500px;height:500px;border:none;overflow:hidden;border-radius:4px\" scrolling=\"no\" title=\"bitcoin market data\"><\/iframe> <\/p>\n<p>The cryptocurrency maintained this range until 8:30 a.m. EST, when it suddenly plunged from just over $81,300 to $79,428 in less than 20 minutes. Moments after the sharp pullback, it fell below $78,700 around 10:50 a.m., only to reverse the losses less than an hour later. As of 12:14 p.m. EST, bitcoin hovered just below $79,500, translating to a loss of more than 2% in 24 hours. The reversal also sent its <a href=\"https:\/\/news.bitcoin.com\/market-updates\/crypto-market-rockets-to-2-73t-as-fed-rate-hike-fears-evaporate\/\">market capitalization<\/a> tumbling to $1.57 trillion, just hours after it surpassed $1.62 trillion.<\/p>\n<p>As expected, bitcoin\u2019s sharp reversal caught long-position traders off guard. While short <a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-spikes-above-82k-after-heavy-short-liquidations\/\">liquidations dominated before 8 a.m<\/a>., the dynamic flipped less than four hours later. According to Coinglass, erased long positions made up nearly 55% of the roughly $193 million in leveraged positions liquidated by 12:23 p.m.<\/p>\n<p>Because the sell-off extended to altcoins, long bets liquidated across the cryptocurrency market topped $295 million, compared with $213 million in short positions.<\/p>\n<h2>Strong Jobs Data Rattles Investors<\/h2>\n<p>A surprisingly<a href=\"https:\/\/www.bls.gov\/\" target=\"_blank\" rel=\"noopener noreferrer\"> hot jobs report<\/a> sent shockwaves through risk markets. The U.S. economy shattered forecasts by adding 336,000 jobs\u2014far outstripping the 170,000 to 180,000 projected by consensus\u2014while keeping unemployment anchored at 3.8%. This stubborn strength in hiring signals that the Fed\u2019s rate hikes have yet to chill the labor market.<\/p>\n<p>Fearing that sustained employment strength will compel central bankers to keep borrowing costs elevated indefinitely, investors dumped both stocks and crypto.<\/p>\n<p>Despite this latest pullback, bitcoiners like Raoul Pal believe the debasement narrative will continue to \u201cdrive everything\u201d upward. He pointed to the Nasdaq, which he said has beaten the debasement rate by roughly 12% a year, while bitcoin has beaten it by 89% a year. Thus, <a href=\"https:\/\/x.com\/RaoulGMI\/status\/2095890968876634193\" target=\"_blank\" rel=\"noopener noreferrer\">Pal wrote on X<\/a>:<\/p>\n<p>\u201cThat\u2019s why crypto is the super massive black hole of asset allocation. It becomes the most powerful asset we\u2019ve ever had. The greatest performing asset of all time. This is the crux of my Everything Code framework\u2026 why debt forces central banks to debase, why markets endlessly go higher, and why only tech and crypto beat it.\u201d<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-price-rally-collapse-wipes-out-295m-in-long-positions\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bitcoin dropped below $78,700 before recovering to $79,500 after strong U.S. employment data on Friday. Reduced Fed rate-cut odds triggered over $295 million in long liquidations across crypto markets. Raoul Pal expects currency debasement to drive Bitcoin above its 89% annual return trend over time. Market [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":77718,"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":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77717"}],"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\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=77717"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77717\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/77718"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=77717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=77717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=77717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}