Crypto futures markets experienced $368 million in liquidations over 24 hours, predominantly affecting long positions with $345 million lost, signaling a sharp negative turn in market sentiment. Bitcoin and Ethereum were the hardest hit, with liquidations of approximately $123 million and $94.74 million respectively, reflecting broad risk reduction rather than isolated asset issues. This liquidation wave highlights how leverage can amplify volatility and trigger cascading sell-offs, especially in thin markets. Despite ongoing discussions about Bitcoin's potential as a central bank-friendly asset, the liquidation imbalance suggests crowded bullish bets vulnerable to sudden price drops, urging traders to manage leverage carefully amid uncertain macro narratives.
Bitcoin recently fell below the $80,000 support level despite strong bullish signals from long-term holders, who have reached a 14-month high in unrealized profits. This level historically preceded major rallies, suggesting potential for upward movem...
Bitcoin's price briefly recovered to nearly $82,000 in early May but then fell below $80,000 due to profit-taking and weakening momentum. This decline was mirrored by sharp drops in major altcoins like Solana and Cardano. Institutional caution grew a...
Bitcoin dropped sharply to $77,614 following reports of potential US and Israeli military strikes against Iran, triggering a sell-off in risky assets including cryptocurrencies. This geopolitical tension caused over $40 billion in crypto market capit...
Bitcoin ETFs experienced a significant outflow of $1 billion in one week, ending a six-week streak of inflows. This drop is driven by investors rotating capital towards AI-related tech stocks like NVIDIA, Google, and Apple, alongside ongoing regulato...
The crypto market lost $90.3 billion in value within an hour on May 16, driven by U.S. inflation data that exceeded forecasts and ended expectations for Federal Reserve rate cuts. Bitcoin dropped to $77,678, while major altcoins like Ethereum, XRP, S...
