Crypto markets experienced $356 million in forced liquidations due to price weakness, with shorts accounting for 62.5% of the liquidations, indicating a short squeeze dynamic amid a risk-off environment. Despite this volatility and broad price declines in Bitcoin, Ethereum, and major altcoins, US spot Bitcoin ETFs saw $411 million in net inflows, led by BlackRock and Ark Invest, signaling strong institutional demand. The market showed defensive behavior with rising Bitcoin dominance and increased stablecoin trading, while geopolitical tensions added to risk aversion. This divergence suggests short-term trader stress contrasts with longer-term institutional confidence, pointing to continued volatility but potential structural support from ETFs.
Elon Musk's net worth fell below $1 trillion after SpaceX's stock plunged about 40% from its peak, dropping the company's valuation from $2.9 trillion to under $1.6 trillion. The stock, which surged to $225 after its IPO, has fallen below its initial...
Bitcoin fell below $65,000 following Iran's rejection of renewed peace talks with the US, intensifying geopolitical risks. Despite former President Trump's claim that Iran sought a deal, Iran's Foreign Ministry confirmed no plans for negotiations, pr...
Bitcoin crossed the $65,000 mark with improving market sentiment, reflected by a Crypto Fear & Greed Index of 35. Despite recent volatility and liquidation of over 79,000 traders, Bitcoin and Ethereum saw significant inflows into spot ETFs, signaling...
Bitcoin surged above $65,000 and Ethereum passed $1,900 after US Producer Price Index data showed inflation cooling more than expected. The weaker inflation readings reduced market expectations for a Federal Reserve interest rate hike in July, boosti...
With Bitcoin down over 50% from its peak and market sentiment in extreme fear, an analyst highlights Cardano as a safer crypto option due to its balanced mix of security, decentralization, and steady development. Unlike other chains chasing trends, C...
