About $245.89 million in leveraged crypto positions were liquidated in 24 hours, primarily driven by Bitcoin ($104.51M) and Ethereum ($79.69M). This wave of liquidations reflects crowded long positions and short-term market fragility, with Binance leading the liquidations. Despite only mild price drops, rapid two-way price swings triggered forced closures on both longs and shorts, indicating volatile market conditions. Traders should watch for leverage concentration and reduce risk exposure as these liquidations signal potential for further volatility.
Bitcoin's market capitalization has fallen to about $1.09 trillion, pushing it out of the world's top 10 assets by value. This decline follows a period when bitcoin ranked as high as the fifth-largest asset globally, surpassing major companies like A...
Fidelity Digital Assets reports that Bitcoin mining is under pressure with hash rates and mining difficulty down about 8-9%, as some mining resources shift toward AI data center workloads. Despite a 13% price drop in 2026, Bitcoin's infrastructure qu...
As of May 28, 2026, the top 10 cryptocurrencies with market caps over $8 billion, excluding stablecoins, highlight strong institutional backing and real-world use. Bitcoin leads with $1.46 trillion market cap, boosted by spot ETFs and BlackRock's mas...
Bitcoin briefly fell to a low of $72,622 on May 28 amid renewed US-Iran military tensions, triggering $352 million in leveraged liquidations mostly affecting long positions. Despite this, bitcoin quickly recovered above $73,000, narrowing its monthly...
The crypto market is experiencing a broad sell-off with major coins like Bitcoin near $73,000, Ethereum around $2,000, and Solana below $85, all showing negative performance. This decline contrasts sharply with the S&P 500 reaching new all-time highs...
