{"id":4989,"date":"2026-07-28T21:17:24","date_gmt":"2026-07-28T21:17:24","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=4989"},"modified":"2026-07-28T21:17:24","modified_gmt":"2026-07-28T21:17:24","slug":"crypto-market-sees-700m-in-liquidations-as-bitcoin-ethereum-and-xrp-tumble-before-fed-decision","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/07\/28\/crypto-market-sees-700m-in-liquidations-as-bitcoin-ethereum-and-xrp-tumble-before-fed-decision\/","title":{"rendered":"Crypto Market Sees $700M in Liquidations as Bitcoin, Ethereum, and XRP Tumble Before Fed Decision"},"content":{"rendered":"\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"400\" data-id=\"4990\" src=\"https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/07\/IMG_1348.jpeg\" alt=\"\" class=\"wp-image-4990\" srcset=\"https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/07\/IMG_1348.jpeg 696w, https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/07\/IMG_1348-300x172.jpeg 300w\" sizes=\"auto, (max-width: 696px) 100vw, 696px\" \/><\/figure>\n<\/figure>\n\n\n\n<p>The cryptocurrency market suffered a sharp sell-off on Tuesday, triggering nearly <strong>$700 million in liquidations<\/strong> as Bitcoin (BTC), Ethereum (ETH), XRP, and other major digital assets fell ahead of the U.S. Federal Reserve\u2019s upcoming interest rate announcement.<\/p>\n\n\n\n<p>The sudden decline wiped out roughly <strong>$80 billion<\/strong> from the total crypto market capitalisation in just a few hours.<\/p>\n\n\n\n<p><strong>Bitcoin Slides After Failing to Break Resistance<\/strong><\/p>\n\n\n\n<p>Bitcoin entered the week with strong momentum, climbing to <strong>$65,600<\/strong> twice on Monday after holding above <strong>$64,000<\/strong> throughout the weekend. However, both breakout attempts were rejected, with the second triggering an aggressive wave of selling.<\/p>\n\n\n\n<p>The flagship cryptocurrency subsequently fell nearly <strong>$3,000<\/strong> within hours, dropping to around <strong>$63,000<\/strong>, its lowest level in roughly ten days.<\/p>\n\n\n\n<p>Market analyst <strong>CRYPTOWZRD<\/strong> said Bitcoin\u2019s latest daily close turned bearish and warned that maintaining support around <strong>$63,000<\/strong> is now crucial. A sustained break below that level, the analyst suggested, could open the door to fresh local lows.<\/p>\n\n\n\n<p><strong>Altcoins Follow Bitcoin Lower<\/strong><\/p>\n\n\n\n<p>The broader altcoin market also reversed sharply after Monday\u2019s gains.<\/p>\n\n\n\n<p>Ethereum, which had rallied to a two-month high near <strong>$1,980<\/strong>, surrendered roughly <strong>$100<\/strong> and slipped back below <strong>$1,900<\/strong>.<\/p>\n\n\n\n<p>XRP declined around <strong>4.5%<\/strong>, falling beneath the key <strong>$1.10<\/strong> support level to trade near <strong>$1.06<\/strong>. Solana (SOL) posted similar losses, while HYPE recorded one of the steepest declines among major assets, dropping approximately <strong>6%<\/strong>.<\/p>\n\n\n\n<p><strong>Leveraged Traders Hit Hard<\/strong><\/p>\n\n\n\n<p>The broad market downturn proved especially painful for leveraged traders.<\/p>\n\n\n\n<p>More than <strong>165,000 positions<\/strong> were liquidated over the past 24 hours, with total forced liquidations approaching <strong>$700 million<\/strong>. As expected, Bitcoin and Ethereum accounted for the largest share of those losses.<\/p>\n\n\n\n<p><strong>Markets Turn Cautious Ahead of FOMC<\/strong><\/p>\n\n\n\n<p>The sell-off comes just one day before the <strong>U.S. Federal Reserve<\/strong> is set to announce its latest monetary policy decision.<\/p>\n\n\n\n<p>With investors uncertain about the central bank\u2019s next move on interest rates, risk-sensitive assets including cryptocurrencies have come under renewed pressure as traders reduce exposure ahead of the closely watched announcement.#crypto#cryptonews <a href=\"https:\/\/coinsignals.net\">https:\/\/coinsignals.net<\/a> <a href=\"https:\/\/t.me\/coinsignalpublic\">https:\/\/t.me\/coinsignalpublic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency market suffered a sharp sell-off on Tuesday, triggering nearly $700 million in liquidations as Bitcoin (BTC), Ethereum (ETH), XRP, and other major digital assets&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4989","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/4989","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=4989"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/4989\/revisions"}],"predecessor-version":[{"id":4991,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/4989\/revisions\/4991"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=4989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=4989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=4989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}