Bitcoin Dives Below $109K: Trump-Putin Bromance Blamed for $600M Crypto Carnage 😱💸

Oh, the drama! The crypto world is having a full-on Bridget Jones meltdown as Bitcoin decides to take a nosedive below $109,000. Yes, you read that right-a multi-week low, darling, and just in time for the weekend. 🍷🤦‍♀️

Altcoins? More like “alt-cries,” am I right? ZEC, ASTER, PUMP, IP-they’re all in the red, looking like they’ve just been stood up on a first date. 💔📉

Bitcoin chart looking like a rollercoaster after too much prosecco

And what’s the tea? Well, apparently, it’s all because of Donald Trump and Vladimir Putin having a little chat. Yes, the same Trump who probably still thinks Bitcoin is a “scam” and Putin, who’s busy deciding whether to accept crypto payments for borscht. 🥔🤝

BTC was already having a wobble, dropping from $116,000 to $113,000 yesterday, before today’s dramatic plunge to $108,600. It’s like watching a reality TV star’s career-one minute they’re on top, the next they’re selling candles on Instagram. 🕯️📉

Altcoins are in full-on panic mode. ZEC lost 11%-ouch! ASTER, PUMP, IP, TAO, ENA-they’re all queuing up for therapy. ETH’s down to $3,930, XRP’s below $2.40, and BNB’s clinging to $1,150 like it’s a life raft. 🚨💸

The liquidation party? Oh, it’s lit-$600 million worth of positions gone, poof! Nearly 200,000 traders are sobbing into their keyboards, and one poor soul on Hyperliquid lost almost $10 million. Someone send them a virtual hug and a bottle of Chardonnay. 🍾😭

Liquidation chart looking like a Black Friday sale gone wrong

So, what’s next? Will Bitcoin bounce back or keep spiraling like a bad Tinder date? Only time will tell. In the meantime, grab your popcorn (or crypto) and enjoy the show. 🎢🍿

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2025-10-16 18:57