Bloodbath on Crypto Street: Bitcoin Rout Triggers Billion-Dollar Liquidation Cascade
The crypto market was drenched in red on Friday as a violent sell-off liquidated nearly $2 billion from over-leveraged traders.
The crypto market was drenched in red on Friday as a violent sell-off liquidated nearly $2 billion from over-leveraged traders.
Binance Chief Executive Richard Teng stated on Friday that Bitcoin’s sharp drop over the past month is a result of investors deleveraging cryptocurrency holdings.
Lisbon, Portugal, 20th November 2025, Chainwire
In response to a massive, multi-year wave of electricity theft, Malaysian authorities are cracking down on illegal cryptocurrency mining operations that have cost utility giant Tenaga Nasional Bhd over $1 billion.
Following a central bank ruling, Brazil is preparing to tax the massive market for cross-border crypto payments.
Crypto market sentiment has hit its most fearful level since February, with the Crypto Fear & Greed Index dropping to a stark 10.
Bending to sustained pressure from the ascendant digital asset sector, the head of the US Securities and Exchange Commission has pledged to create a clear classification system for cryptocurrencies.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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