Bitcoin surged to nearly $69,000, marking its first rise above $68,000 since June, and triggered the largest-ever daily short liquidation volume of about $1.1 billion in perpetual futures. This historic liquidation surpassed previous peaks from 2021 and 2025, with total crypto liquidations reaching nearly $2 billion in 24 hours, mostly from short positions. The rally coincided with a U.S. Treasury announcement to double liquidity-support buybacks, pushing long-term Treasury yields higher and possibly boosting risk appetite that fueled Bitcoin's surge. This event highlights increased volatility and significant market shifts in crypto derivatives trading.
Bitcoin has dropped 48% from its October 2025 peak, with long-term holders selling 356,000 BTC in 30 days, reducing their supply share below 60%. VanEck's analysis shows 8 of 12 capitulation signals active as of August 2026, indicating a market purge...
The total cryptocurrency market capitalization surged by $113 billion in one day, driven by gains in Bitcoin and Ethereum, pushing the market cap close to $2.3 trillion. Despite this rally, the market remains fragile after losing about $780 billion e...
Bitcoin's volatility has dropped to levels lower than 98.5% of its historical data, while spot trading volume is at its lowest since 2019, indicating a quiet market. Despite this, institutional investors, including Fidelity clients, have made signifi...
Bitcoin and Ethereum surged sharply, with Bitcoin nearing $70,000 and Ethereum surpassing $2,100, triggering $1.44 billion in losses for traders who bet on falling prices. Bitcoin rose nearly 6%, causing massive liquidations of short positions, while...
Bitcoin surged 6.2% to $68,761, breaking out of a six-week trading range after the US Treasury doubled its long-term bond buyback operations. This move weakened the dollar and lowered bond yields, making Bitcoin more attractive compared to risk-free ...
