Home / Business and Economy / Crypto Crash Triggers $500M in Forced Selling as Macro Concerns Loom
Crypto Crash Triggers $500M in Forced Selling as Macro Concerns Loom
18 Aug
Summary
- Bitcoin, ether, and XRP tumble to start the week
- Over $500 million in forced selling of long positions
- Custodia Bank CEO discusses Fed's stance on crypto and stablecoins
On August 18, 2025, the cryptocurrency market experienced a significant downturn, with major digital assets like bitcoin, ether, and XRP plummeting in value. The sell-off was triggered by heightened macroeconomic concerns, leading to more than $500 million in forced liquidation of long positions.
Amid the market turmoil, Caitlin Long, the founder and CEO of Custodia Bank, a crypto-focused institution based in Wyoming, provided insights on the Federal Reserve's evolving stance on digital assets. Long discussed the central bank's shifting approach to crypto and bank-issued stablecoins during the Wyoming Blockchain Symposium in Jackson Hole.
The crypto crash and the regulatory landscape surrounding digital currencies have become key talking points in the industry, as investors and market participants navigate the ongoing volatility and uncertainty in the space.
