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Crypto markets haemorrhage over US$1 bn as long traders get liquidated
Over US$1.
On 4 November 2025, the global cryptocurrency market suffered liquidations exceeding US$1.14 billion as major digital-assets like Bitcoin, Ethereum and Solana tumbled 5-10%. The majority of the forced closures were long positions, signalling that bullish bets were caught off guard by rapid downside pressure. The drop comes amid macro headwinds, including a stronger U.S. dollar and rising interest-rate expectations, raising concerns about sustainability of the crypto rally without fresh catalysts.