More than $545 million in leveraged crypto positions were liquidated within 24 hours, mainly affecting long positions in Bitcoin and Ethereum. This large-scale deleveraging reflects traders' bullish bets unraveling amid modest price declines, with Bitcoin and Ethereum accounting for the majority of liquidations. The sell-off highlights risks in crowded derivatives markets and signals a reset in risk appetite, with future stability hinging on Bitcoin and Ethereum prices. Other major tokens like Solana, XRP, and Chainlink also faced significant liquidations, showing broad market impact.
Prediction market data from Polymarket shows traders assign only a 1% chance for Bitcoin to reach $150,000 by June 2026, and a 7% chance by the end of 2026. Despite renewed interest in cryptocurrencies and expectations of lower US interest rates, tra...
XRP's market capitalization fell by about $9.73 billion in four days, dropping from $95.39 billion to $85.66 billion as bearish trends hit the crypto market. XRP's price declined to $1.38, influenced by its strong correlation with Bitcoin, which stru...
The latest market data shows most major cryptocurrencies are experiencing declines. Bitcoin is trading near $76,938, down about 1.5%, while Ethereum has fallen over 3% to around $2,117. Other significant drops include Bitcoin Cash, which is down over...
Bitcoin fell below $77,000, triggering $670 million in leveraged crypto long liquidations as U.S. 10-year Treasury yields hit their highest since February 2025. Rising bond yields and collapsing rate-cut expectations have increased market uncertainty...
Bitcoin's price has fallen below $77,000 due to technical breakdowns and significant ETF outflows, signaling weakening investor sentiment and institutional demand. Despite positive expectations from the CLARITY Act and Jerome Powell's resignation, Bi...
