According to @QCPgroup, risk sentiment is deteriorating with the S&P 500 down 7% and the Nasdaq lower by 2.5% (source: @QCPgroup). Crypto is under heavier pressure, with BTC slipping 8% toward 113.8k support and ETH falling 11% to 4.2k, underscoring key trading levels in the current selloff (source: @QCPgroup).

According to @CryptoMichNL, the latest crypto selloff is being blamed on PPI headlines but is primarily a cascade of long liquidations across altcoins, leading to a sharp and necessary correction (source: @CryptoMichNL on X, Aug 14, 2025). He advises letting price extend lower and only buying the dip if the move becomes overstretched, signaling patience until liquidation-driven volatility exhausts (source: @CryptoMichNL on X, Aug 14, 2025).

According to The Kobeissi Letter, the crypto market has experienced its steepest selloff of 2025, with a decline of $460 billion from previous highs in the last 24 hours. This equates to a loss of approximately $19.1 billion per hour, suggesting significant volatility and potential buying opportunities, albeit with high risk for traders.