Bitcoin dropped below $77,000, its lowest since early May, driven by a surge in crude oil prices above $110 per barrel and rising U.S. Treasury yields hitting 5.13% for 30-year bonds—the highest since 2007. This environment pushed investors toward safer assets, causing over $500 million in leveraged long Bitcoin positions to be liquidated in just one hour. Long-term holders remain steady, but recent buyers face losses, increasing market fragility. Upcoming events like Nvidia's earnings and U.S. inflation data could further influence market direction.
Bitcoin dropped to around $76,700, its lowest in two weeks, triggered by rising Treasury yields and reduced investor risk appetite. This led to $661 million in crypto position liquidations, mostly long positions, highlighting market vulnerability. U....
Bitcoin's sudden drop below $77,000 led to the liquidation of over $660 million in leveraged positions within 24 hours, hitting bullish traders hardest. Approximately 106,876 traders were liquidated, with long positions accounting for the majority of...
Bitcoin dropped below $77,000 and other major cryptocurrencies like Ethereum, XRP, and Dogecoin also declined following President Donald Trump's warning to Iran, which heightened geopolitical tensions. Over $580 million in crypto positions were liqui...
The gap between large Bitcoin holders (whales) selling and retail investors buying has shrunk to its lowest since January 2024, mirroring patterns seen during the launch of U.S. spot Bitcoin ETFs last year. This divergence suggests market fragility a...
Robert Kiyosaki, author of Rich Dad Poor Dad, reinforced his bullish outlook on bitcoin, linking it to protection against inflation, rising national debt, and weakening fiat currencies. He warned that geopolitical tensions and government debt could d...
