On this Wednesday, the digital gold rush appears more like a pottery wheel spinning out of control-here’s $1.7 billion lost in a day, according to CoinGlass. Long traders, those brave souls, bore most of the brunt-worth noting they lost about $1.3 billion, or enough to buy a small island, if islands could be bought with digital tears.
Bitcoin, in a fit of whimsy, dipped below $100,000-an event that hasn’t happened since the time when tech stocks weren’t yet busting their buttons on the way down. Meanwhile, Shiba Inu, the canine of crypto, decided to join the party of despair, plunging to $0.00000837, reminiscent of January and the days when a coffee was cheaper. It’s fallen from a high of $0.00001074 on Nov. 2, as if to remind us that nothing gold can stay-except maybe a meme coin.
The month of October, resilient as a bad penny, saw billions wiped out in liquidation waves-no bath, no bubble, no bubble bath, apparently. Traders have since been lurking in the shadows, as if waiting for the ghost of profits past. October’s seasonal charm failed to materialize, leaving only a dull ache in the collective crypto soul.
The Fed, in a rare display of unpredictability, threw a wrench into expectations last week-raising interest rates, as if to say, “No more free rides, folks.” Jerome Powell and his friends now suggest December might be a no-go for rate cuts, further dampening hopes for a speedy recovery.
Shiba Inu’s team reacts to the market music-sad, slow, and slightly sarcastic
At the moment, Shiba Inu is down 2.68%, perched at $0.00000889-adding a zero like it’s trying to be more dramatic. The market’s bloodletting seems to have inspired Lucie (@LucieSHIB), who tweeted:
Mindset Over Markets
Not only crypto-everything is red.
We’ve survived so many downfalls I’ve forgotten what a pump looks like. My philosophy? Either I win, or I go to zero-because why settle for middle ground?No one saw this coming, not even Nostradamus in his prime.
Props to those who kept their grit and their memes. Keep calm and HODL (or not). 😉
– 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) November 5, 2025
Lucie’s bonus advice? Keep that mental attitude polished-it might be the only thing preventing a full-blown crypto abyss. “Even amid carnage, positive thinking is the best shield,” she says, backing it with an emoji or two. Because what’s more motivational than a dog with a zero in its price?
The scene remains tense-could this be the start of another crypto winter? Is the sun setting on the blockchain? Maybe. Or maybe the market just needs a coffee. For now, the trend is anything but cheerful, hinting that we’re not bouncing back just yet-but who knows? Tomorrow’s another day, perhaps with fewer zeros.
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2025-11-05 18:15