The sudden price correction has led to the largest crypto liquidation event of the year, wiping out over-leveraged positions.

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	Forwarded this email? Subscribe here for more Bitcoin and Ethereum sharp plunge causes record $1.7 billion liquidation to start week The sudden price correction has led to the largest crypto liquidation event of the year, wiping out over-leveraged positions. CryptoSlate Sep 22   READ IN APP   Happy Monday! This week begins with Bitcoin and Ethereum plunging sharply, triggering a record $1.7 billion liquidation as over-leveraged positions are wiped out. Meanwhile, Vietnam’s sweeping deletion of 86 million bank accounts underscores the growing appeal of Bitcoin’s decentralized control. In contrast, industry voices warn that the fading dollar does not automatically translate to a Bitcoin victory. Catch up on these stories below. Ad: 🚀 TRADE Stocks and Crypto — GET $50 WHEN YOU DEPOSIT on Nemo: Download now The global crypto market cap is $3.89 trillion, with a 24-hour volume of $217.07 billion. The price of Bitcoin is $112,792.79, and BTC market dominance is 57.9%. The price of Ethereum is $4,174.42, and ETH market dominance is 12.9%. The best-performing sector is Cannabis, which gained 31%. The Crypto Fear & Greed Index is currently Fear (45). 📰 Top News Bitcoin and Ethereum sharp plunge causes record $1.7 billion liquidation to start week The sudden price correction has led to the largest crypto liquidation event of the year, wiping out over-leveraged positions. Vietnam’s bank account purge is the best publicity for Bitcoin Commercial banks in Vietnam began deleting more than 86 million bank accounts at the start of September 2025, highlighting the importance of being your own bank. The dollar dying doesn’t make Bitcoin win Former Blockstream VP Fernando Nikolic cautions that Bitcoiners who celebrate the dollar dying don’t understand what they're asking for. Ad: PayPal USD Expands to TRON Network via LayerZero PayPal USD's TRON debut leverages LayerZero for seamless cross-chain integration and broader market reach. 📈 Latest Insights Metaplanet outpaces Strategy with significant Bitcoin acquisition despite share slump 🗞️ More News Milei’s monetary meltdown: Argentine central bank intervenes as peso hits record lows Binance’s Changpeng Zhao changes his tune on memecoins after Giggle token floods academy with $2.4M Bitcoin eyes either $124k or $108k before Christmas as leverage thins after $1.7B in liquidations Why Arthur Hayes sold $5.1 million HYPE tokens because of $12B Hyperliquid concern Crypto.com’s Cronos token dips 10% amid CEO denial of undisclosed cyberattack allegations Bitcoin’s $977M streak outguns Ethereum as $1B altcoin wave returns post Fed cut Are You Missing Signals That Don’t Make the News? Sign up for the free Crypto Investor Blueprint: A 5-Day Course On Bagholding, Insider Front-Runs, and Missing Alpha. I'm Ready to Join What is CryptoSlate? CryptoSlate is a comprehensive and contextualized source for crypto news, insights and data. Since 2017, CryptoSlate has been a go-to destination for the fast-moving and nascent digital assets space. Our coverage focuses on Bitcoin, Ethereum, macro, DeFi, AI, and web3. Our goal is to provide an all-encompassing overview of the crypto asset market and the technological trends shaping it. Our mission at CryptoSlate is to decode the complexity of digital assets and showcase their potential to transform society by providing accessible, reliable information and analysis. We're committed to differentiating our news coverage by telling original stories and providing alternative points of view. Questions, Comments? Get in touch with us here. Connect with Us Telegram • X • Google News • LinkedIn • Instagram   Like Comment Restack   © 2025 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe