Crypto derivatives markets saw $111.7 million in liquidations over 24 hours, led by Ethereum with $51.49 million, more than double Bitcoin's $20.01 million. Long positions were hit harder overall, indicating bearish pressure and pullbacks affected bullish leverage the most. The liquidation activity was fragmented across exchanges, with Binance showing mostly short liquidations and Hyperliquid mostly long liquidations, reflecting diverse user bases and liquidity conditions. Smaller altcoins also faced significant liquidations, signaling concentrated leverage and potential for increased volatility. Traders should expect continued whipsaw price action and monitor exchange-specific signals to manage risk during this volatile deleveraging phase.
Bitcoin is trading above $63,900, showing a modest gain of about 1.06%, while other major cryptocurrencies like Ethereum and Binance Coin show slight declines or gains. The market exhibits mixed performance with some altcoins like ADA and ALGO rising...
Bitcoin rose above $63,800 following the strongest US ISM Manufacturing PMI in over four years, signaling economic expansion without immediate inflation pressure. Oil prices fell sharply after the US called off strikes on Iran, easing geopolitical te...
Cryptocurrency markets display varied price changes, with Bitcoin trading around $63,666, up 0.93%. Ethereum and Binance Coin show modest gains, while some altcoins like ATOM (+6.76%) and ALGO (+5.45%) experience stronger upward moves. Stablecoins re...
In late July, Bitcoin ETFs experienced significant outflows totaling $326.7 million, coinciding with Bitcoin's price drop from around $64,000 to $62,556.58. Meanwhile, Ethereum and other altcoin ETFs showed stronger inflows despite similar price decl...
Last week, US crypto spot ETFs showed contrasting flows: Bitcoin ETFs had significant outflows totaling about $61.53 million, driven mainly by institutional sales from Fidelity and Grayscale. Meanwhile, Ethereum ETFs attracted $27.42 million in inflo...
