Posted on 09/22/2025 8:25:18 AM PDT by Red Badger
Cryptocurrency traders saw more than $1.5 billion in bullish wagers liquidated on Monday, triggering a sharp selloff that hit smaller tokens hardest.
Ether slumped as much as 9% to $4,075 as nearly half a billion dollars of leveraged long positions in the second-largest token were liquidated, according to data from Coinglass. Bitcoin declined almost 3% to $111,998.
Insatiable demand from publicly-listed vehicles bent on hoarding tokens drove both Bitcoin and Ether to all-time highs in August, but there are now signs that the momentum generated by so-called digital-asset treasury companies is beginning to fade. Japan’s Metaplanet, a high-profile Bitcoin buyer, is down about 67% from a mid-June peak.
“It feels like the market needs a breather, with some participants concerned that the ‘DAT-trade’ is losing steam and there are no more meaningful inflows on the horizon,” said George Mandres, senior trader at XBTO Trading.
(Excerpt) Read more at msn.com ...
Gold and silver will eventually tank as well.
————-
Not anytime soon. The world’s biggest money the Central Banks have been buying physical Gold ( and Silver) in huge, historic tonnages…something the western MSM fails to print.
Meanwhile, real money AKA gold and silver are at new highs today.
————-
Much written about the E monies cryptos selling off to buy PM’s.
And then there was an EMP ...
You had to understand all five points in order to not lose your salva... err... your shirt.
When I plop down money for a piece of crypto, where does the money end up?
“When I plop down money for a piece of crypto, where does the money end up?”
To someone that owns and now wants to sell it.
“””Much written about the E monies cryptos selling off to buy PM’s.”””
I agree. If the crypto holders get a panic attack and start dumping, the price of gold and silver will soar.
Silver is above $44 per oz today. Only $6.00 more and silver will be at $50 dollars for the third time.
Again, if crypto starts tanking, silver will blow through $50 on its way to $100.
“When the markets are cryin’, you should be buyin’”
Notice I said you, ‘cause that doesn’t include me, in this case, lol! My miners are doing just fine.
Decades ago, the term, “vaporware” appeared. Now we have “vapormoney”.
Time to buy
Like Blackrock, Like Goldman Sachs, like the US Government?
The only one that matters is Bitcoin, everything else is fiat. But you should consider something, like Gold and Silver, they central banks and massive financial institutions are hoarding all they can while advising you it’s a bad idea.
That is keeping the price down for them.
“If I can’t see it, touch it, hold it or bury it in the back yard, I don’t want it....”
Do you own stocks? Do you actually have hard paper share certificates? Those have been almost completely replaced with electronic records.
“Diamonds always hold value,”
Diamonds are a value holding device mostly for movies. They are abundant and hoarded by the DeBeers diamond cartel in numerous ways. They release just enough to keep the market price high. If you buy a diamond at a retailer, and decide to sell it 2 hours later, you are doing good if you can get 35% of what you paid for it.
The system is designed to sell diamonds, not buy them back.
“Do you own stocks?”
Not any more!.................😁
I am out of the “get rich” game.
The youngsters can speculate at will.
Rhino is correct. If diamonds truly were that valuable, then diamond saw blades and drill bits wouldn’t be pretty much the same cost as carbide/high-strength steel blades. Diamonds are only expensive when you’re buying jewelry..
Meanwhile copper, brass and lead are sitting at quite reasonable prices. It's a good buying opportunity for those who value true precious metals ...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.