Bitcoin surged nearly 30% over five days to almost $80,000 before sharply pulling back to around $77,000 on August 22, 2026. This retracement triggered over $475 million in forced liquidations of long positions due to heavy leverage, wiping out many bullish bets and causing total crypto liquidations of about $547 million. The prior rally was fueled by a short squeeze and supportive macro factors like expanded US Treasury bond buybacks and clearer crypto regulations. Traders are now watching if $77,000 holds as support amid ongoing volatility driven by high leverage in crypto derivatives markets.
Bitcoin plunged to $63,320, its lowest since mid-August, triggering $1.9 billion in crypto liquidations, mostly from long positions. Major altcoins also fell sharply, dragging the total crypto market cap down nearly 6% to $2.3 trillion. Rising inflat...
As of early Sunday UTC, 81 of the 89 largest cryptocurrencies by market cap, excluding stablecoins, declined over the past 24 hours. Aster saw the largest drop, falling 22.69% to $0.50. Bitcoin and Ether also fell significantly, down 6.24% and 8.63% ...
Bitcoin's price increased by 1.31% within one hour to $64,198 on Binance, despite being down 6.02% over the past 24 hours. During the same hour, liquidations on Binance, Bybit, and OKX totaled $3.02 million, with short position liquidations ($2.54 mi...
Bitcoin dropped below $74,000 following the largest crypto hack in history at Binance and a tech-driven AI market crash, which triggered $1.1 billion in leveraged liquidations. Despite initial resilience, the lack of buyers and declining ETF inflows ...
Bitcoin fell below $64,000 as crypto liquidations hit $1.93 billion in 24 hours, mainly from traders betting on price rises. Ether also dropped below $1,750, with the largest single liquidation being a $16.17 million Ether long position on Binance. B...
