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.
Federal Reserve Chair Kevin Warsh declared a strict stance against inflation, reaffirming a 2% target and signaling no rate cuts soon. His hawkish tone after the July FOMC meeting caused the Dow to drop over 840 points and Bitcoin to fall below $64,0...
The crypto market is mostly flat today with Bitcoin trading around $64,387, up slightly by 0.13%. Despite the calm, most major cryptocurrencies have lost significant value this year, with Ethereum down 35.76% and Bitcoin down 26.43%. Only a few coins...
Bitcoin has fallen nearly 26% this year, losing $665 billion in market value, but recently crossed $65,000 amid hopes of a rally. Analysts differ on timing: Joao Wedson predicts the bear market could last until October based on historical cycles, whi...
Forge, an analytics platform on the Allora Network, now offers 15-minute realized volatility forecasts for Bitcoin, Ethereum, Solana, and XRP. This high-frequency data provides traders with near-real-time insights into price fluctuations, useful for ...
GSR's institutional Crypto Core3 portfolio fell 57.78% over the past year, underperforming an equal-weighted crypto basket due to sharp declines in Bitcoin, Ethereum, and Solana. The portfolio shifted to increase Bitcoin exposure while reducing Ether...
