Over $162.95 million in leveraged crypto positions were liquidated within 24 hours, mainly affecting short sellers on Bitcoin and Ethereum. This short squeeze occurred as Bitcoin rose about 0.83% to $64,539 and Ethereum increased 1.79% to around $1,900, triggering forced closures worth $111 million on shorts and $52 million on longs. The event highlights how small price moves can cause large liquidations in a highly leveraged market, increasing volatility and resetting liquidity conditions. This trend suggests continued sensitivity to leverage-driven swings in crypto trading.
Bitcoin fell below the key $80,000 level during a sharp market sell-off, prompting veteran critic Peter Schiff to predict a further decline to $75,000. The drop caused massive liquidations, wiping out over $815 million in leveraged positions within 2...
Bitcoin rose slightly by 0.09% to $80,922 while the total cryptocurrency market capitalization fell 2.63% to $2.73 trillion over 24 hours. Ether dropped 0.55% to $2,367, but XRP, BNB, and Solana saw modest gains. Trading volume was $56.50 billion, wi...
Akedo (AKE) saw a sharp 21.93% drop in value over 24 hours, leading declines among the 90 largest non-stablecoin cryptocurrencies. Other notable losses included Pearl (6.81%), Aerodrome Finance (5.75%), and Morpho (5.29%). Meanwhile, only 25 of the t...
Bitcoin, the largest cryptocurrency by market value, surpassed the $81,000 mark on Binance spot trading, reaching $81,032. This price reflects a modest increase of about 0.1% over 15 minutes and a 0.22% gain over the past hour. The rise signals conti...
Trader Doctor Profit maintains a long-term Bitcoin price target of $94,000, holding spot positions bought near $60,000. He identifies the $80,000-$81,000 range as a strategic zone to add to long positions, emphasizing a long-term investment approach ...
