Crypto markets record historic liquidations. | Credit: Andrew Burton/Getty Images. Key Takeaways Over $1.6 billion was wiped out from long positions. Analysts predict a second Fed Reserve rate cut in October. September is historically the worst-performing month for crypto market returns. A gigantic$1.7 billion was liquidated from the crypto markets over the past 24 hours as macroeconomic factors and uncertainty forced an abrupt correction after weeks of upward momentum. Crypto Wipeout It’s been ...