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 losses. This sharp decline occurred amid broader market pressure, including declines in Nasdaq-100 futures, increasing volatility for high-risk assets like cryptocurrencies. Major exchanges like Binance and Bybit saw significant liquidation volumes, signaling a major shakeout in the crypto market.
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...
Bitcoin recently fell below the $80,000 level after failing to maintain gains above it, raising concerns of a major price drop. Analyst Kabuki predicts a decline to $61,000, then $47,000, with a possible bottom near $41,000, despite some recovery att...
Ethereum remains trapped in a descending channel after failing to break above key resistance near $2,100, a crucial support zone for bulls. The price action shows weakening momentum but buyers are defending higher lows since February, suggesting pote...
