Crypto Chaos: $411M Liquidated & BTC Dives to $110K – Who’s Laughing Now?

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Ah, monsieur et madame, gather ’round! Today’s digital gold rush has turned into a veritable circus. Bitcoin, that capricious beast, has tumbled to a modest BTC $108,178, a slap in the face of its loyal followers, losing a charming 2.9%-quelle surprise! Market cap now stands at a staggering $2.15 trillion, as if the gods of finance are playing a cruel game of Monopoly. 📉

And no, this isn’t a staged performance; it’s a full-blown market crisis! With over $47.80 billion in 24-hour volume, the crypto realm is shaking like a maraca at a salsa ball. All assets are feeling the heat-Ethereum, XRP, DOGE, and Cardano-each getting their (*ahem*) moment in the spotlight, with prices dropping faster than a soufflé. 🍽️

Now, brace yourselves: the overall liquidations have soared to a nauseating $411 million. Who knew digital currency could bleed such glorious tears? 💸

Crypto Market Crash Pushes BTC Down to $110,000 – A Melodramatic Fall

Our dear Bitcoin, usually the darling of investors, has bowed out from the resilience it once boasted at $112,000. According to CoinGlass (the all-seeing oracle), a colossal $414 million has evaporated in liquidations, mainly from the longs-those brave souls trying to catch the falling knife. Whoops! 🔪

Some wise heads whisper of a further plummet to $105,000. You know what they say-“If you see a bubble, pop it before it pops you!” And here, the wise Kaz The Shadow mutters with the gravitas of a philosopher: “Stop longing at resistance … wait for a proper dip at $105K, then strike like a predator. Patience, my friends, or lose your profits faster than a gambler’s lucky streak.”

$BTC Please STOP longing at resistance…

Wait for either a clear flip of the $112k’ish level or for lower, something like $105k would give a good bounce.

Be patient and stop giving back to the market all your profits 🙏🏻

– Kaz The Shadow (@KazTheShadow) August 29, 2025

Meanwhile, Michael Van de Poppe, that cheerful prophet, predicts the descent might even hit $100K while humming a tune of opportunity-‘end of the world, beginning of wealth,’ he seems to say. He claims the crypto scene is ripe for a reset: Ethereum could drop to $3,700, turning bear territory into a potential playground for the brave and the audacious. 🎢

#Bitcoin couldn’t hold $112K and we continue to fall.

I think we’ll be seeing some lower numbers, which will reset $ETH back to neutral and would provide a massive opportunity for the markets.

– Michaël van de Poppe (@CryptoMichNL) August 29, 2025

Altcoins’ Coming Out Party? Or Just a Farewell?

Ethereum, ever the diva, dipped from its brief flirtation with $4,700 down to a dismal $4,300-5.58% lost, darling. And if Mr. Van de Poppe’s predictions hold, we might see ETH tumble to a wistful $3,700, just in time for Halloween. 🎃

XRP, that strong-willed splash of water, has seen a 5.7% retreat, flirting with $2.87 after being rejected at the sacred $3.00 mark. Smart money whispers that it may drop further to $2.83, especially with whales offloading their treasures, turning the sea into a stormy affair. 🌊

$XRP continues to retrace toward $2.83 as anticipated!

– Ali (@ali_charts) August 29, 2025

And let’s not forget our cheerful canine friend, DOGE! It started the day at $0.212 but then decided to wave a farewell with a 4% nosedive-poor fellow, longing for $0.12 next, if bulls fail to rally. To the moon? More like to the basement! 🚀💥

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2025-08-30 00:15