The post Crypto Market Faces $190M Liquidation—But Signs Hint at Upcoming Rally appeared first on Coinpedia Fintech News
The crypto market just went through another heavy blow, with over $190 million lost in liquidations in the past 24 hours. Bitcoin fell hard yesterday, due to the ongoing geopolitical tensions triggered in the Middle East.
Some altcoins are showing signs of life, short sellers are being wiped out, and analysts believe a bounce could be coming.
So, is this the start of a comeback?
Bitcoin Crashes Amid Global Tension
On one of the worst days this June, Bitcoin dropped nearly 4%, crashing to around $102,664. This drop was mainly due to rising tensions in the Middle East, which triggered panic across markets. As a result, the crypto space saw over $1 billion in leveraged positions wiped out in just one day.
But within 24 hours, things began to change. While the market is still shaky, many coins have started to rise again.
Today, another $190.25 million in leveraged trades were liquidated. But this time, short positions took the bigger hit, losing $107 million, while long positions saw losses of $83.1 million.
In the meantime, when short trades were liquidated, traders rushed to buy back their positions, which pushed prices higher. That’s exactly what happened today. In the last 24 hours, over 58,000 traders were liquidated, with the total losses hitting $191.32 million.
The largest single liquidation was worth $6.26 million on Binance, involving Bitcoin.
Altcoins and Memecoins Start to Move
While Bitcoin is still settling, some altcoins and meme tokens are quietly climbing. Shiba Inu gained 4%, Hyperliquid (HYPE) jumped 4.5%, Litecoin (LTC) rose 3%, Pi Network (Pi) increased 4.2%, and PEPE saw a 3.6% bump.
On the other hand, some analysts believe this correction might be a setup for the next big rally. An expert pointed to a similar situation in April 2024, when Bitcoin jumped 15% just 11 days after a conflict between Israel and Iran. Two months later, it had surged 48%.
function subscribed_popupmodal(template_id) { var templateId = ‘6’; getAllSubscriberCategoryList([templateId]); var subcribemodal = window.parent.document.getElementById(‘subscribe-modal-design’); if (subcribemodal) { var modalContent = `
Never Miss a Beat in the Crypto World!
Stay informed and gain the edge you need to navigate the crypto world. Select your subscription now
if (storeCheckedId.length === 0) { var unsubcribedPopUpmodal =
`
You’ve Unsubscribed Successfully
We’re sorry to see you go! Your subscription has been canceled. If you change your mind, you can re-subscribe anytime. Thank you for being part of our community!
Thank you for subscribing to our crypto and blockchain newsletter! You’ll now receive the latest news, insights, and updates straight to your inbox. Welcome to our community!
`;
let selectedSubscriptionsArray = selectedSubscriptionsString.split(‘,’); let subscribedCategories = selectedSubscriptionsArray.map(subscription => subscription.split(‘_’)[0]); let subscribedCategoriesString = subscribedCategories.join(‘, ‘);
subscribedmodal.innerHTML = subscribedPopupModal; if (document.getElementById(‘selectidname’)) { document.getElementById(‘selectidname’).textContent = subscribedCategoriesString; }
function closeModal(template_id) { var modalId = template_id; var modal = document.querySelector(‘#’ + modalId); // Using querySelector to find the modal
// Function to get cookies function getCookie(name) { let value = “; ” + document.cookie; let parts = value.split(“; ” + name + “=”); if (parts.length == 2) return parts.pop().split(“;”).shift(); }
// Get user token from cookies const userToken = getCookie(‘user_token’);
if (subscribewithoutData === ‘true’ && userToken) { // Call the modal function with the category ID subscribed_popupmodal(subscribe_clicked_cat_id);
// Remove the flag and category ID from localStorage localStorage.removeItem(‘subscribe_without_Login’); localStorage.removeItem(‘subscribe_clicked_id’); } });
var listItems = document.querySelectorAll(‘.subscription-options li’); if (listItems.length === 0) return;
var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector(‘input[type=”checkbox”]’); if (checkbox) { if (checkbox.checked) { item.classList.add(‘active’); anyActive = true; // Set anyActive to true } else { item.classList.remove(‘active’); // Remove ‘active’ class if checkbox is unchecked } } });
}
function updateButtonText(anyActive) { var subscribeButtonSpan = document.querySelector(‘.subscribe-submit .changeBtnText’); if (subscribeButtonSpan) { if (anyActive) { subscribeButtonSpan.textContent=”Subscribe Now”; } else { subscribeButtonSpan.textContent=”Unsubscribe”; } } }
function updateSubscriptionButton() { var listItems = document.querySelectorAll(‘.subscription-options li’); if (listItems.length === 0) return;
var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector(‘input[type=”checkbox”]’); if (checkbox) { if (checkbox.checked) { item.classList.add(‘active’); anyActive = true; // Set anyActive to true } else { item.classList.remove(‘active’); // Remove ‘active’ class if checkbox is unchecked } } });
// Update the button text based on whether any list item has the ‘active’ class updateButtonText(anyActive); } document.addEventListener(‘click’, function(event) { var clickedItem = event.target.closest(‘.subscription-options li’); if (clickedItem) { var checkbox = clickedItem.querySelector(‘input[type=”checkbox”]’); if (checkbox) { checkbox.checked = !checkbox.checked; updateSubscriptionButton(); } } });
FAQs
How Crypto Market Is Doing Today?
As of June 14, 2025, the crypto market shows mixed performance. Bitcoin is trading around $105,000, up slightly in the past 24 hours, but overall market sentiment remains cautious following recent dips.
Why are cryptos down?
Recent crypto declines, including Bitcoin’s fall, are largely attributed to escalating geopolitical tensions in the Middle East, leading investors to move away from riskier assets.
Is it still worth investing in crypto?
Investing in crypto can still be worthwhile if you understand the high risks involved, as prices can be volatile. Many analysts maintain a cautiously optimistic outlook for long-term growth.
How are Altcoins performing during the crash?
While Bitcoin saw a significant drop, some altcoins like Shiba Inu (+4%), Hyperliquid (+4.5%), Litecoin (+3%), Pi Network (+4.2%), and PEPE (+3.6%) have shown signs of recovery and are climbing.