The crypto world just witnessed a brutal day as Bitcoin crashed below $110,000, wiping out nearly all the gains it made after last Friday’s big Fed announcement. This wasn’t just a small dip either—we’re talking about a seven-week low that caught everyone off guard.
We’re $1,500 away from Bitcoin confirming the bull market is over.
Drop bellow $110,000, and the bull market is 100% over. pic.twitter.com/0o1RAr3VN4— Philakone (@PhilakoneCrypto) August 25, 2025
Over 200,000 traders got completely liquidated in just 24 hours, losing more than $900 million combined. Most of these were people betting that Bitcoin would keep going up, but they got burned badly when the price suddenly dropped.
What really hurt was when some whale decided to dump 24,000 Bitcoin all at once. That massive sale created a domino effect that pushed prices down even further and forced more people to sell their positions.
Bitcoin has now fallen 12% from its recent high of $124,000 just two weeks ago. Even Jerome Powell’s hints about cutting interest rates couldn’t save it from this sell-off.
The timing feels pretty typical, though. September is usually rough for crypto, and we’ve seen similar patterns in previous bull markets. Many experts think this might just be a temporary pause before things pick back up again.
Conclusion
Bitcoin’s sudden drop below $109,000 triggered massive liquidations worth over $900 million, erasing recent gains and leaving traders wondering if this correction will continue.
Also Read: Bitcoin ETF’s Drop But May Bounce Back
