Bitcoin and Ethereum posted small gains while overall crypto market activity slowed, with Bitcoin dominance increasing to 58.76%. This suggests investors prefer large-cap assets like Bitcoin for liquidity and safety amid cautious market conditions. Altcoins showed limited gains, and derivatives trading volume declined, indicating reduced leverage and less aggressive trading. The slight rise in DeFi activity hints at selective risk-taking, but stablecoin turnover fell, implying cash is being held rather than deployed. The market appears to be inching higher but remains anchored by Bitcoin's leadership, with attention on whether altcoins and DeFi can sustain momentum.
More than $210 million in leveraged long positions were liquidated following significant price drops in Bitcoin and Ethereum, with BTC nearing $81,000 and ETH around $2,300. This sharp market deleveraging signals a shift in sentiment, reflected in th...
Lighter (LIT) token surged 21.02% to $3.91, marking the strongest gain among the 90 largest cryptocurrencies excluding stablecoins as of October 21. Other notable gainers include Ethena (ENA) up 12.53%, Zcash (ZEC) rising 12.27%, and Pearl (PEARL) in...
Bitcoin rallied 42.7% in Q3, climbing from $58,544 to $83,570, driven largely by the U.S. Treasury doubling long-dated bond purchases which boosted global risk assets. Ethereum and other altcoins also saw significant gains. However, the crypto market...
Bitcoin's open interest reached about $23.4 billion amid a crypto price recovery, with Ether at $15.5 billion and Solana at $2.7 billion, totaling $41.6 billion for these three assets. Open interest reflects active derivative contracts but does not i...
Asian stock markets declined significantly, with China's CSI 300 entering a bear market after falling 20% from its June peak, driven by a steep drop in technology shares. Other major Asian indices, including Japan's Nikkei 225 and South Korea's Kospi...
