#Write2Earn #altcoins

Over $1 billion in leveraged crypto positions were liquidated in 24 hours after hotter-than-expected U.S. PPI data stoked inflation fears and delayed Fed rate-cut expectations. The sell-off followed bitcoin’s new all-time high above $123,500, with major tokens like DOGE, SOL, XRP, and BNB dropping 3–9%. Longs bore the brunt, losing $866 million — led by ETH ($348.9M) and BTC ($177.1M). Bybit saw the largest wipeout ($421.9M), mostly from overleveraged longs. Analysts said the inflation surprise halted the week’s rally, highlighting crypto’s sensitivity to macro shifts, with traders now watching September labor data for Fed clues.