Avalon Labs (AVL/IDR) Price Today
Bitcoin plunges to $58K as US inflation hits three-year high, triggering $600M crypto liquidations
Bitcoin fell sharply to around $58,000 on May 28, dropping nearly 50% from its late-2025 peak above $126,000, triggered by a 3.8% year-over-year rise in the US Personal Consumption Expenditures (PCE) inflation index—the highest since May 2023. This i...
South Korea's Kospi crash drags Bitcoin below $60K amid tech stock sell-off contagion
Bitcoin fell below $60,000 following an over 8% drop in South Korea's Kospi index, triggered by a semiconductor stock correction and foreign capital outflows. Former Fidelity exec Mike McCluskey explains this as a high-beta contagion from tech equiti...
Ex-IMF economist Mark Dow calls for Bitcoin's destruction, blaming deceptive marketing for its crashes.
Mark Dow, a former IMF economist and well-known macro trader, has criticized Bitcoin's recent crash, attributing it to deceptive marketing tactics by promoters like Grant Cardone. Dow, who successfully shorted Bitcoin in 2017, argues that Bitcoin has...
Solana holds steady despite $2.4M Cardano wallet hack; trading volume surges 83%.
Solana (SOL) maintained its position as a top altcoin with a market cap of about $39.5 billion, even as a $2.4 million hack of a Cardano-linked wallet raised concerns about third-party security risks. The incident did not affect Solana's protocol but...
Cryptocurrency prices mostly decline with Bitcoin near $59,280 and Ethereum down 3.5%.
Cryptocurrency markets saw a general decline with Bitcoin priced around $59,280, down 1.44%, and Ethereum falling 3.54% to about $1,562. Other major coins like BNB, XRP, and SOL also experienced losses. This reflects ongoing volatility in the crypto ...
Bitcoin dips to $59K amid $1.49B liquidations; analyst says crypto hype is dead, not Bitcoin itself
Bitcoin recently dropped to $59,307 with $1.49 billion in margin liquidations, mainly impacting leveraged buyers. Veteran trader Bob Loukas advises investors to stay calm, stating Bitcoin and crypto remain viable despite the bear market and social me...
Ondo enables 24/7 minting and redemption of tokenized US stocks and ETFs for qualified investors.
Ondo Finance has launched a platform allowing qualified investors outside the US to mint and redeem tokenized US stocks and ETFs anytime, including weekends and holidays. This service removes traditional market hour restrictions, offering over 200 to...
Tesla beats Q1 EPS estimates while SpaceX shares drop post-IPO amid combined 30,000 BTC holdings.
Tesla reported a Q1 2026 adjusted EPS of $0.41, surpassing analyst estimates, with revenue also beating forecasts at $22.39 billion. Meanwhile, SpaceX shares have fallen 19% to 23% since their June 15 IPO debut at $135 per share. Both companies toget...
Bitcoin's drop below $60K triggers $1.48B crypto liquidations amid inflation fears and rate hike expectations
Bitcoin fell below $60,000, causing $1.48 billion in crypto liquidations, mainly hitting long traders. This drop follows stronger U.S. inflation data, raising expectations that interest rates will stay higher for longer. Bitcoin options worth $9.33 b...
Bitcoin crashes to $58,035, wiping $40B from crypto market in 24 hours amid bearish outlook.
Bitcoin's price fell to $58,035, its lowest in 2026, causing a $40 billion drop in total crypto market value, nearing a $2 trillion threshold. Market sentiment is extremely fearful, with analysts like PlanB and BTC.TOP founder predicting further decl...
