Global financial markets experienced a massive $2.5 trillion sell-off across stocks, precious metals, and crypto due to a combination of a strong U.S. jobs report, AI sector disappointments, and a hidden liquidity squeeze from upcoming mega IPOs. The strong labor data raised fears of more Fed rate hikes, hitting tech and risk assets hard. AI stocks like Broadcom and Nvidia fell sharply after growth concerns, while institutional investors sold assets to raise cash for large tech IPOs like SpaceX. Bitcoin dropped over 15%, testing critical support at $60,000 before a slight rebound. Market uncertainty will persist ahead of the new Fed Chair's first meeting in 11 days, likely keeping investors cautious and risk-averse.
Crypto markets saw $4.73 billion in leveraged positions liquidated within 24 hours due to a market rebound causing a short squeeze. Bitcoin and Ethereum led the liquidations, with shorts slightly more affected than longs, highlighting rapid leverage ...
Bitcoin's recent price surge is seen by analysts as a corrective B-Wave rally within a larger bear market, not a true bull market reversal. This pattern often leads to a final C-Wave decline marked by fading optimism and lower lows. The $60,000 level...
Bitcoin has returned to around $60,000, but unlike in February, institutional investors are heavily selling through spot bitcoin ETFs, with $1.72 billion in outflows last week—the largest in over a year. This contrasts with February when outflows slo...
Bitcoin traded near $61,739 after dipping to $60,420, maintaining support above the key $60,000 level amid a cautious market following a sharp weekly decline from over $73,000. Michael Saylor's cryptic post about adding "more dots" sparked speculatio...
Bitcoin is trading around $61,822, showing signs of a short-term oversold bounce but facing strong bearish pressure from moving averages on the daily chart. The RSI indicates deeply oversold conditions, suggesting a potential relief rally, but the pr...
