{"id":1041922,"date":"2026-10-08T11:31:32","date_gmt":"2026-10-08T06:01:32","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1041922"},"modified":"2026-10-08T11:31:32","modified_gmt":"2026-10-08T06:01:32","slug":"why-is-bitcoin-falling-today-550-million-crypto-liquidation-wave-hits-market","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/10\/08\/why-is-bitcoin-falling-today-550-million-crypto-liquidation-wave-hits-market\/","title":{"rendered":"Why is Bitcoin falling today? $550 million crypto liquidation wave hits market"},"content":{"rendered":"<p>Bitcoin and other cryptocurrencies fell sharply on Wednesday as heavy selling hit the crypto market. The fall was driven by forced selling of crypto positions and wider worries in financial markets.<\/p>\n<p>Bitcoin, the biggest cryptocurrency, fell as much as 2.4% to $83,583. Ether dropped 3.9% to $2,594, while XRP and Solana also declined 4.2% and 3.3%, respectively, according to Bloomberg. About $550 million worth of crypto positions were liquidated in the past 24 hours. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin and other cryptocurrencies fell sharply on Wednesday as heavy selling hit the crypto market. The fall was driven by forced selling of crypto positions and wider worries in financial markets. Bitcoin, the biggest cryptocurrency, fell as much as 2.4% to $83,583. Ether dropped 3.9% to $2,594, while XRP and Solana also declined 4.2% and 3.3%, respectively, according to Bloomberg. About $550 million worth of crypto positions were liquidated in the past 24 hours.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15,51,4],"tags":[],"class_list":["post-1041922","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-it-2-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1041922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1041922"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1041922\/revisions"}],"predecessor-version":[{"id":1041923,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1041922\/revisions\/1041923"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1041922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1041922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1041922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}