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 CLARITY Act, which led traders to sell after an initial rally. Notably, high-leverage trader Machi Big Brother was liquidated but quickly opened a new 25x leveraged position on Ethereum worth $3.87 million. The market also saw significant outflows from Bitcoin and Ethereum spot ETFs, indicating cautious sentiment among institutional investors.
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...
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...
