Bitcoin and Ethereum each experienced about $17 million in liquidations over the past 24 hours, with nearly equal amounts from long and short positions, signaling a rapid unwinding of leveraged trades despite minimal price changes. This two-way liquidation suggests a choppy market without a clear trend, as traders on both sides were forced out amid tight leverage near key price levels. Short liquidations dominated recent hours, indicating short squeezes and quick rebounds rather than sustained selloffs. The activity, concentrated on major exchanges like Binance, highlights ongoing market de-risking and potential for sudden price swings as traders adjust exposure.
Bitcoin traded slightly higher near $77,200, maintaining above its 50-day average, supported by a sharp 5% drop in oil prices due to potential reopening of the Strait of Hormuz. This oil price decline lifted Asian equities, with major indexes in Indi...
Bitcoin whale traders have shifted aggressively toward short positions, reflecting growing defensive sentiment amid weakening broader crypto momentum. Large speculative wallets reduced altcoin exposure and increased leveraged Bitcoin shorts, with one...
Cryptocurrency prices including Bitcoin, Ethereum, XRP, and Dogecoin showed little movement as uncertainty looms over a potential Iran nuclear deal. Bitcoin fluctuated near $77,000 with a 26% drop in trading volume, while Ethereum narrowly stayed abo...
Brent crude oil prices dropped below $99 following President Trump's announcement that a US-Iran deal to reopen the Strait of Hormuz is largely negotiated, easing supply disruption fears. The Strait of Hormuz is critical, carrying about 20% of global...
MoonPay has launched a new app that allows users to buy Bitcoin, Solana, and potentially other cryptocurrencies directly inside ChatGPT through natural language conversation. This integration removes the usual technical barriers like wallet setup and...
