Crypto’s Wild 48 Hours: Bitcoin Rebounds, DeFi Breakthroughs, NFT Surprises & Regulation Shake-Ups (Sept 26–27, 2025)
Key Facts Market & Macroeconomic Trends Bitcoin Volatility and Sentiment: The crypto market saw roller-coaster moves over 48 hours. On Thursday, a broad sell-off wiped out nearly $1.2B in leveraged positions – roughly $1.1B in longs – as Bitcoin dipped under $110K and Ethereum under $4K coindesk.com. This rout drove the Crypto Fear & Greed Index down to 28 (“Fear”), its lowest since mid-April coindesk.com. Analysts noted that “roughly $3B of levered longs have been liquidated in recent days,” flushing out excess leverage coindesk.com. By Friday, however, markets showed resilience: Bitcoin bounced back above $110,000 and major alts like ETH,