Cryptocurrency markets saw $657 million in liquidations within 24 hours, mainly impacting long position holders who absorbed $584 million in losses. Ethereum and Bitcoin were hardest hit, with $256 million and $180 million liquidated respectively, as Bitcoin's price fell below $77,000, marking a 5.59% weekly decline. The sell-off coincided with rising geopolitical tensions after former President Trump hinted at possible US military action against Iran, increasing market uncertainty. Investors will watch Bitcoin's support levels between $75K and $77K and ETF inflows closely to gauge the market's near-term direction.
Bitcoin's price fell below $77,000, continuing a four-day decline that triggered $657 million in liquidations across the crypto market within 24 hours, mostly affecting long positions. This drop followed the Senate Banking Committee's progress on the...
Bitcoin briefly fell below $77,000, triggering nearly $600 million in liquidations within an hour as leveraged traders rushed to exit positions. This sharp correction was driven by selling pressure and significant outflows from US spot Bitcoin ETFs, ...
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 sa...
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...
