Asia-Pacific Crypto Volumes Soar 69% as U.S. Stocks Wither on Macroeconomic Fears

Source: [1] Crypto Stocks Tumble in Pre-Market Trading as Bitcoin Dives to USD112k (https://www.coindesk.com/markets/2025/09/22/crypto-stocks-tumble-in-pre-market-trading-as-bitcoin-dives-to-usd112k) [2] Spotting Signals for the Next Crypto Bull Run: Will Bitcoin Asia 2025… (https://www.tradingkey.com/analysis/cryptocurrencies/eth/251045170-bitcoin-asia-2025-crypto-stocks-and-etf)

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Crypto stocks experienced a sharp sell-off in pre-market trading on Monday, with major players in the sector mirroring the broader cryptocurrency market’s downturn. Coinbase (COIN) fell 3%, while MicroStrategy (MSTR) dropped 2.3%, and Marathon Digital (MARA) and Metaplanet (TYO: 3350) lost over 3% each. The decline was driven by Bitcoin’s (BTC) retreat to $112,920.50 and Ethereum’s (ETH) 6.4% drop, which triggered $1.6 billion in liquidations across derivatives exchanges within 24 hours, according to CoinGlass data.

The sell-off intensified after a week of gains fueled by the Federal Reserve’s 25-basis-point rate cut. However, the momentum reversed as traders unwound long positions, with ether liquidations alone exceeding $500 million. Solana-focused Forward Industries (FORD) plummeted as much as 5%, and ETH treasury firm BitMine (BMNR) lost 3.9%, underscoring the fragility of corporate balance sheets tied to crypto assets.

The market reversal was compounded by macroeconomic uncertainty and regulatory scrutiny. While the Fed’s rate cut initially buoyed risk-on sentiment, the lack of follow-through in subsequent sessions led to profit-taking and renewed bearish positioning. Analysts noted that the rapid shift highlighted the sector’s sensitivity to interest rate expectations and macroeconomic data.

In contrast, the Asia-Pacific region emerged as a growth driver for crypto adoption in 2025, with trading volumes surging 69% year-over-year to $2.36 trillion. South Korea, Vietnam, and India led the charge, driven by institutional and retail demand for stablecoins and altcoins. However, these gains did not translate to immediate relief for crypto stocks, which remain tied to U.S. market sentiment and global liquidity conditions.

Looking ahead, investors are closely watching Bitcoin Asia 2025, a conference in Hong Kong expected to amplify market signals. The event, themed “Signal over Noise,” will feature speakers like Eric Trump, who advocates for Bitcoin as a hedge against inflation. While institutional adoption of crypto treasuries and ETFs continues to expand, the sector’s volatility underscores the need for cautious positioning amid shifting regulatory and macroeconomic landscapes.

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Source: [1] title1 (url1) [2] title2 (url2)