BTC, ETH, XRP, SOL Face Slow Bottoming Process After $16B Liquidation Shock

Why did Broadcom's stock surge today? How will JPMorgan's $1.5 trillion investment impact US economy? What prompted OpenAI to partner with Broadcom for AI chips? Why are rare earth stocks soaring amid US-China tensions? How is the government shutdown affecting the US economy? What caused Tesla's stock rally after recent trade fears? Why are retailers scaling back holiday hiring in 2025?

BTC, ETH, XRP, SOL Face Slow Bottoming Process After $16B Liquidation Shock

coindesk.com/markets/2025/10/11/v-shaped-rally-or-gradual-reset-btc-eth-xrp-sol-face-slow-bottoming-process-after-usd16b-liquidation-shock

The crypto market experienced its largest liquidation event ever on Friday night U.S. time, forcing out leveraged bullish bets worth $16 billion across bitcoin (BTC), ether (ETH), XRP (XRP), solana (SOL), and the broader altcoin market. Several altcoins have crashed between 20% to 40% as…

This story appeared on coindesk.com, 2025-10-11 06:57:56.