Bitcoin had a huge shock! Nearly 140,000 people liquidated their positions!

Nakamoto 2025-11-9 09:18 35459人围观 BTC

Over the weekend, the virtual currency market had a huge shock. Among them, Bitcoin once fell below $100,000, then rose sharply to a maximum of $104,070.6, and then fell again. As of press time, Bitcoin was trading at $102,363.4, a drop of more than 1%. M

Over the weekend, the virtual currency market experienced a huge shock.

Among them, Bitcoin once fell below $100,000, then rose sharply to a maximum of $104,070.6, and then fell again. As of press time, Bitcoin was trading at $102,363.4, a drop of more than 1%.

Most other virtual currencies have replicated this trend. As of press time, Ethereum has fallen by nearly 1%, HYPE currency has fallen by nearly 5%, and Dogecoin has fallen by nearly 2%.

CoinGlass data shows that in the past 24 hours, nearly 140,000 people around the world have liquidated their cryptocurrency positions.

In terms of news, due to the ongoing government "shutdown", the release of U.S. non-agricultural sector employment data originally scheduled to be released on the 7th was delayed again after last month. Hassett, director of the White House National Economic Council, told the media on the 7th that the impact of the government shutdown on the U.S. economy is far greater than expected, and U.S. economic growth in the fourth quarter may drop to about half of expectations.

On November 6, local time, data from the U.S. employment consulting agency showed that U.S. companies announced more than 153,000 layoffs in October, the highest level for the same period in more than 20 years and the largest number of layoffs in a single month in the fourth quarter since 2008.

The report shows that as of the end of October, U.S. companies have announced nearly 1.1 million layoffs this year, the highest record since the outbreak of the epidemic in 2020. The company pointed out that the surge in layoffs was mainly affected by factors such as the popularization of artificial intelligence technology, slowing consumer and business spending, and rising costs.

Meanwhile, U.S. consumer confidence hit its lowest level in more than three years. On the 7th, data released by the University of Michigan showed that the initial value of the U.S. consumer confidence index fell to 50.3 in November, which was lower than the final value of 53.6 in October. US media reported that this is the lowest level since June 2022.

St. Louis Fed President Mussallem recently stated that the monetary policy easing measures implemented by the Federal Reserve over the past year "are aimed at providing protection for the labor market." At the same time, he expects that there is still room for policy adjustment of 50 to 75 basis points.

In addition, the U.S. Senate continues to negotiate a government "shutdown." According to CCTV News, on November 8, local time, the U.S. Senate was originally scheduled to have a Veterans Day recess for about a week starting from the 8th, but the Senate did not adjourn on the 8th. Lawmakers from both parties continue to try to advance negotiations to end the government shutdown, but progress has been limited.

Most of the bipartisan lawmakers involved in the negotiations remain in Washington. According to Republicans, if the two parties reach an agreement, senators will be notified 24 hours before the vote to read the text of the bill. Lawmakers are advised to keep their schedules flexible so they can return to Washington at any time for a vote.

Senate Republican leader John Thune said on the 8th that he was working hard to reach an agreement with Democratic senators to pass a "consolidated appropriation package" containing three full-year appropriations bills to allow the government to resume operations. The draft is "almost complete" and he hopes it will be put to a vote as soon as possible, but only if "there are enough votes." Thune also revealed that the two sides have launched "active cross-party dialogue" in the past 24 hours and are optimistic about the progress of the negotiations.

Editor: Li Dan

Proofreading: Wang Jincheng