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DOGE, SOL, XRP in Freefall: Altcoins Bleed as Rate Fears Trigger Crypto Leverage Carnage

DOGE, SOL, XRP in Freefall: Altcoins Bleed as Rate Fears Trigger Crypto Leverage Carnage

Author:
CoindeskEN
Published:
2025-07-29 17:56:23
6
2

DOGE, SOL and XRP Lead Altcoin Losses as Rate Jitters and Leverage Unwind Hit Crypto

Crypto's meme darlings and smart-contract heavyweights just got mauled. Here's why traders are hitting the panic button.

The leverage reckoning arrives

Excessive bullish bets got liquidated en masse as macro jitters finally pierced crypto's bubble. No safe havens here—just a sea of red order books.

Institutional de-risking goes retail

Whales dumped positions first, but the pain cascaded to Main Street when margin calls hit overleveraged degens. Another 'when in doubt, zoom out' moment for HODLers.

Same volatility, new excuses

Fundamentals? Please. This is crypto—where 'risk-off' narratives get trotted out to explain what algorithms and herd psychology break daily. The Fed didn't kill your 100x long; greed did.

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