CryptoPotato<\/em> reported<\/a> just over an hour ago that BTC’s price had stabilized above $92,000 after the highly volatile week it had. Recall that the asset skyrocketed<\/a> from under $90,000 to over $94,000 before and after the US Federal Reserve reduced the interest rates mid-week.<\/p>\n However, it slipped beneath $89,500 yesterday before the bulls initiated an impressive leg up to $93,600. Bitcoin was stopped there but maintained a healthy price tag of around $92,300 until an hour ago, when it suddenly dropped to $89,600.<\/p>\n It has managed to recover some ground and is now testing the $90,000 mark. Most altcoins have followed suit with even more painful declines within the same timeframe.<\/p>\n Ethereum is among the poorest performers, having lost 4.5% of value and now sitting just inches above $3,000. Just a few days ago, ETH flew past $3,400 but met a violent rejection at that point.<\/p>\n ARB, UNI, ENA, and AAVE have dumped by up to 5.5% in the past hour. As such, the total value of wrecked positions has jumped to $415 million on a daily scale, with $163 million coming in the past hour alone.<\/p>\n More than 120,000 traders have been wiped out daily, while the single-largest liquidated position (worth $5.7 million) took place on Hyperliquid.<\/p>\n The post Bitcoin Crashes $3K in Minutes as Liquidations Explode Again on Friday<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n\n![\"Liquidation](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/12\/BTCUSD-Dec-12.png\")
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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The price movements from last Friday repeated, with bitcoin tumbling several grand in just minutes, dropping below $90,000.…\n","protected":false},"author":2,"featured_media":39144,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-39143","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/39143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39143"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/39143\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/39144"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}