Bitcoin fell nearly 5% to around $62,500 following intensified Israeli military actions in Lebanon, contributing to $580 million in forced liquidations across the crypto market within 24 hours. Over 139,000 traders were affected, with Bitcoin and Ethereum leading the liquidations. Additionally, Strategy Inc.'s preferred shares dropped below par value, raising concerns about potential Bitcoin sales to stabilize its capital structure. These geopolitical tensions combined with Strategy Inc.'s financial issues are creating significant downward pressure on Bitcoin's price, which remains about 50% below its October 2024 peak.
Jito (JTO) token rose about 2% on Upbit, topping the platform's greed index with a score of 85, signaling concentrated liquidity and selective risk appetite in Korea's crypto market. Despite overall market volatility, Jito showed strong buying intere...
Wealthy crypto investors are concentrating their portfolios in major tokens like Bitcoin (82%), Ethereum (79%), and XRP (69%) due to their liquidity and market stability. Meanwhile, some smaller altcoins such as Helium and Contentos show extreme over...
Bitcoin options data reveals traders are hedging against near-term downside risks around $63,000 while maintaining bullish positions targeting $80,000. The put/call ratio of 0.78 indicates a mildly bullish market, with significant open interest in bo...
Bitcoin has dropped from a top 6-8 global asset to 17th place by market cap, now at risk of falling out of the top 20 entirely. This decline is due to heavy investor interest shifting towards semiconductor and memory-chip companies like SK Hynix and ...
Top crypto traders have increased their bullish futures positions on Solana, with the largest rise in long exposure seen in the dollar-margined market. Solana's long share jumped by 2.06 percentage points to 63.61%, signaling stronger near-term optim...
