Live: Crypto Market Continues Its Decline on Oct. 31

Updated on Oct 31, 2025 at 8:31 am UTC by · 1 min read

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On Oct. 31, the crypto market is in the red and has lost more than 2% of its value in the past 24 hours. Let’s explore the latest events that have an impact on the market trends today.
Julia Sakovich

On Oct. 31, 2008, Satoshi Nakamoto published the now-legendary Bitcoin Whitepaper. This concise nine-page document introduced the concept of a decentralized digital currency.

Seventeen years later, Bitcoin has grown from a niche project into a worldwide phenomenon.

At the current moment, BTC is trading at around $109.5K, while its ATH has been set at the level of over $126K.

Julia Sakovich

Over the past 24 hours, the crypto market saw a massive $880 million liquidation in leveraged positions. Long positions made up the majority of the wipeout, totaling $767 million, compared to $112.99 million in shorts.

In total, more than 223,700 traders were forced out of their positions. The largest single liquidation was valued at $21.42 million.

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