{"id":8245,"date":"2023-08-21T06:08:44","date_gmt":"2023-08-21T06:08:44","guid":{"rendered":"https:\/\/www.btse.com\/blog\/?p=8245"},"modified":"2023-08-21T09:56:37","modified_gmt":"2023-08-21T09:56:37","slug":"bitcoins-liquidity-crisis-just-463-btc-can-tip-the-price-by-1","status":"publish","type":"post","link":"https:\/\/www.btse.com\/blog\/bitcoins-liquidity-crisis-just-463-btc-can-tip-the-price-by-1\/","title":{"rendered":"Bitcoin\u2019s Liquidity Crisis: Just 463 BTC Can Tip the Price by 1%"},"content":{"rendered":"<p><b>Trending Tokens on BTSE:<\/b><\/p>\n<table class=\"alignleft mtr-table mtr-tr-td\" style=\"border-style: solid;\" border=\"1\">\n<tbody>\n<tr>\n<td style=\"width: 239px; text-align: center;\" data-mtr-content=\"Asset\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\"><b>Asset<\/b><\/div><\/td>\n<td style=\"width: 150px; text-align: center;\" data-mtr-content=\"Price\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\"><b>Price<\/b><\/div><\/td>\n<td style=\"width: 89px; text-align: center;\" data-mtr-content=\"24h %\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\"><b>24h %<\/b><\/div><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 239px; text-align: center;\" data-mtr-content=\"Asset\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\"><a href=\"https:\/\/www.btse.com\/en\/markets\/BTC-USD\"><span style=\"font-weight: 400;\">Bitcoin (BTC)<\/span><\/a><\/div><\/td>\n<td style=\"width: 150px; text-align: center;\" data-mtr-content=\"Price\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\"><span style=\"font-weight: 400;\">$26,072.74<\/span><\/div><\/td>\n<td style=\"width: 89px; text-align: center;\" data-mtr-content=\"24h %\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\"><span style=\"font-weight: 400; color: #ff0000;\">-0.15%<\/span><\/div><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 239px; text-align: center;\" data-mtr-content=\"Asset\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\"><a href=\"https:\/\/www.btse.com\/en\/markets\/ETH-USD\"><span style=\"font-weight: 400;\">Ethereum (ETH)<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/div><\/td>\n<td style=\"width: 150px; text-align: center;\" data-mtr-content=\"Price\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\">$1,675.65<\/div><\/td>\n<td style=\"width: 89px; text-align: center;\" data-mtr-content=\"24h %\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\"><span style=\"font-weight: 400; color: #339966;\">0.44%<\/span><\/div><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 239px; text-align: center;\" data-mtr-content=\"Asset\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\"><a href=\"https:\/\/www.btse.com\/en\/markets\/XRP-USD\"><span style=\"font-weight: 400;\">XRP (XRP)<\/span><\/a><\/div><\/td>\n<td style=\"width: 150px; text-align: center;\" data-mtr-content=\"Price\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\">$0.5326<\/div><\/td>\n<td style=\"width: 89px; text-align: center;\" data-mtr-content=\"24h %\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\"><span style=\"font-weight: 400; color: #339966;\">2.82%<\/span><\/div><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 239px; text-align: center;\" data-mtr-content=\"Asset\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\"><a href=\"https:\/\/www.btse.com\/en\/markets\/DOGE-USD\">Dogecoin (DOGE)<\/a><\/div><\/td>\n<td style=\"width: 150px; text-align: center;\" data-mtr-content=\"Price\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\"><span style=\"font-weight: 400;\">$0.06379<\/span><\/div><\/td>\n<td style=\"width: 89px; text-align: center;\" data-mtr-content=\"24h %\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\"><span style=\"font-weight: 400; color: #ff0000;\">-0.57%<\/span><\/div><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><i><span style=\"font-weight: 400;\">(as of 11:45 AM Singapore Time, August 21, 2023)\u00a0<\/span><\/i><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Recently, the crypto market has shown considerable sensitivity to various external influencers. From the news of SpaceX&#8217;s Bitcoin write-down to the bankruptcy application of Evergrande Group in the U.S. and potential interest rate hikes by the Federal Reserve, the crypto world, especially Bitcoin, has felt pronounced repercussions. A marked testament to this was Bitcoin&#8217;s sharp 10% drop, pushing its value below the $26,000 threshold. While such market fluctuations are not unprecedented \u2013 considering last year&#8217;s FTX crash \u2013 the frequency and intensity of these shifts merit attention.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Beyond these high-profile influences, liquidity has emerged as a pressing concern for Bitcoin. Post its significant decline, an alarming amount of market liquidity was wiped out. In the current landscape, the sale of merely 463 BTC, equating to around $12 million, can <\/span><a href=\"https:\/\/en.bitcoinsistemi.com\/low-liquidity-in-bitcoin-only-463-btc-needed-to-push-price-down-1-percent\/\"><span style=\"font-weight: 400;\">instigate a 1% price dip<\/span><\/a><span style=\"font-weight: 400;\">. This contrasts sharply with earlier figures this year when the collapse of Silicon Valley Bank shocked the crypto market, where offloading 856 BTC was necessary to trigger a similar price impact. This evolving liquidity scenario underscores the market&#8217;s mounting vulnerability and potential susceptibility to manipulation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Yet, the challenges don&#8217;t end at market sensitivity. The realm of crypto is also grappling with intensified cybersecurity threats. According to <\/span><a href=\"https:\/\/www.trmlabs.com\/post\/inside-north-koreas-crypto-heists\"><span style=\"font-weight: 400;\">a recent report<\/span><\/a><span style=\"font-weight: 400;\"> by TRM Labs, North Korean hackers, among other cybercriminal entities, have snatched over $200 million in cryptocurrencies this year alone; the previous year witnessed thefts surpassing $800 million, targeting DeFi protocols.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Trade Bitcoin on BTSE <\/span><a href=\"https:\/\/www.btse.com\/en\/trading\/BTC-USD\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Trade Ethereum on BTSE <\/span><a href=\"https:\/\/www.btse.com\/en\/trading\/ETH-USD\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Join our Telegram news channel <\/span><a href=\"https:\/\/t.me\/btsenews\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><i>Our aim is to create a platform that offers users the most enjoyable trading experience. If you have any feedback, please reach out to us at\u00a0<\/i><a href=\"mailto:feedback@btse.com\"><i>feedback@btse.com<\/i><\/a><i> or on Twitter @BTSE_Official.<\/i><\/p>\n<p class=\"p1\"><i><span style=\"font-weight: 400;\">Note: BTSE Blog contents are intended solely to provide varying insights and perspectives. Unless otherwise noted, they do not represent the views of BTSE and should in no way be treated as investment advice. Markets are volatile, and trading brings rewards and risks. Trade with caution.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trending Tokens on BTSE: Asset Price 24h % Bitcoin (BTC) $26,072.74 -0.15% Ethereum (ETH)\u00a0 $1,675.65 0.44% XRP (XRP) $0.5326 2.82% Dogecoin (DOGE) $0.06379 -0.57% &nbsp; &nbsp; &nbsp; &nbsp; (as of 11:45 AM Singapore Time, August 21, 2023)\u00a0 &nbsp; Recently, the crypto market has shown considerable sensitivity to various external influencers. From the news of SpaceX&#8217;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8252,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9],"tags":[],"class_list":["post-8245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Bitcoin\u2019s Liquidity Crisis: Just 463 BTC Can Tip the Price by 1% &#8212; BTSE Blog<\/title>\n<meta name=\"description\" content=\"Recently, the crypto market has shown considerable sensitivity to various external influencers. 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