The total cryptocurrency market cap has fallen to about $2.2 trillion, driven by a $3.8 billion outflow from Bitcoin since May. Experts say this decline reflects capital rotation, with investors moving funds from Bitcoin to emerging popular assets like SpaceX and Anthropic, rather than fundamental crypto weakness. This liquidity shift is increasing market volatility and bearish sentiment, but some analysts expect capital to eventually return to Bitcoin, potentially stabilizing prices. Continued Bitcoin prices below $60,000 could deepen selling pressure, possibly pushing prices toward $52,250.
A single short position worth $11.96 million in Bitcoin was liquidated on Binance's BTC perpetual futures market at a price of $83,276 on October 20. This liquidation means the trader's bet on Bitcoin's price falling was forcibly closed as the price ...
Bitcoin's price rose 1.60% within an hour to $82,788 on Oct. 20, driven by $8.47 million in short liquidations on Binance, Bybit, and OKX. This one-hour gain exceeded its 24-hour increase, highlighting a sharp short-term price movement. The data was ...
Worldcoin's token WLD surged 13.4% in 24 hours, reaching $0.5950, outperforming Bitcoin and Ether. This rise follows Worldcoin's launch of an identity package for banking and finance, allowing firms to verify unique human users and attributes like ag...
Bitcoin fell 1.52% to $81,429 on Tuesday morning, with five of the six major cryptocurrencies declining. The total crypto market capitalization dropped 3.25% over 24 hours to $2.75 trillion. Ether, XRP, Solana, and Dogecoin all saw losses, while BNB ...
Bitcoin climbed above $83,000 during a recovery in U.S. stocks, supported by falling oil prices, before retreating toward $82,600. The rise in risk assets included healthcare stocks hitting record highs and the S&P 500 gaining 0.7%. Analyst Ardi note...
