Why Crypto Coins Are Crying Today? 😭

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The cryptocurrency market has turned a rather unflattering shade of red, as top assets like Bitcoin, Ethereum, and XRP have all faced steep declines. Particularly, Bitcoin led the drop with prices slipping under $112,000, while ETH/USD and XRP/USD followed suit with significant corrections of their own. 🎩💸

Therefore, with liquidations mounting and strong bearish sentiment spreading, today’s market highlights why caution remains critical. Or, as I like to call it, “The Great Crypto Meltdown of 2025.” 🎭

Bitcoin Extends Decline Below $112K

The chart reveals that the Bitcoin price today fell by 2.13%, extending its streak of bearish candles as BTC/USD dropped to $111,111. A performance so dismal, it could make a gloomy poet weep. 🥺

This has marked a decisive break below $112,000, driven by a recent wave of whale sell-offs. According to data, over 24,000 BTC, which are worth approximately $2.7 billion, were offloaded, and this sparked heavy liquidations across exchanges. One might say the whales have taken a dive, leaving the crypto seas in a state of panic. 🐋💥

CoinGlass data revealed that $837.92 million in liquidations occurred in the past 24 hours alone, with $672.62 million in longs wiped out. A spectacle of financial acrobatics, if ever there was one. 🎪

Whereas the data shows, the single largest liquidation happened on OKX’s BTC-USDT-SWAP pair, valued at $12.49 million. A sum so large, it could buy a small island and a few luxury yachts. 🏝️⛵

This sudden selling pressure pushed Bitcoin price closer to its key May support level near $110,000, raising concerns of a possible slide toward $101,000 if that zone is breached. A descent that could make even the most optimistic investor question their life choices. 🤔

On the BTC price chart, the asset recently broke down from an ascending wedge formation, further worsening investors’ and traders’ fears. A technical breakdown that would make any trader clutch their pearls. 👗

ETH Price Today Slips From ATH Momentum

Coming to the second top crypto asset -Ethereum, it is also busy following Bitcoin’s footsteps today, losing 3.85% in the past 24 hours. A performance so lackluster, it’s as if the Ethereum team forgot to bring their A-game. 🎭

Currently, the ETH price today trades at $4,597, pulling back from its recent all-time high of $4,955. A drop so dramatic, it could be the next great tragedy by Wilde himself. 🎭

Technical indicators suggest Ethereum may revisit $4,151 before stabilizing. The rejection near $5,000 shows that Ethereum’s rally is heavily affected by today’s Bitcoin performance, and there’s no guarantee that it won’t be affected by BTC in the future. A relationship as toxic as a bad romance. 💔

Still, ETH has demonstrated resilience, and odds remain that it could lead the recovery once broader market conditions improve. Or, as I like to call it, “The Hopeful Trickle of Optimism.” 🌱

XRP Price Today Dips Below $3

Coming to the third most powerful crypto asset, XRP also mirrored the downturn, with the XRP price today down 2.55% at $2.9484. A performance that would make even the most ardent XRP supporter question their loyalty. 🧐

The XRP/USD has been trending lower since mid-August, and Bitcoin’s correction only accelerated the decline. Traders are now eyeing August’s low of $2.74, with the possibility of a retest near $2.40 if selling pressure intensifies. A descent so slow, it’s practically a meditation. 🧘‍♂️

This move underlines how closely the altcoins remain tied to Bitcoin’s market swings, and today’s decline confirms those ties. A bond as unbreakable as a bad habit. 🤕

Despite earlier optimism around XRP’s trajectory, the recent wave of liquidations and risk-off sentiment has weakened its outlook in the near term. A reminder that even the brightest stars can fade. 🌟

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2025-08-25 16:04