Crypto Market Surges After Massive Liquidation Event on October 13, 2025

On October 13, 2025, the cryptocurrency market experienced a significant turnaround following a massive $19 billion liquidation event. This sell-off reset leveraged positions and set the stage for a strong recovery across major digital assets.
Bitcoin (BTC) rebounded impressively to approximately $115,683, signaling renewed investor confidence. Ethereum (ETH) saw a notable 11.7% increase, reaching $4,157.88, while XRP gained 7.4% and Dogecoin jumped 10%, reflecting broad strength throughout the market.
Overall, the combined crypto market capitalization surged from $3.25 trillion to nearly $4 trillion, driven by factors such as easing tensions between the US and China and anticipation of a Federal Reserve rate cut. These macroeconomic developments contributed to positive sentiment and helped lift crypto prices.
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