Over $615 million in long liquidations, mainly in Bitcoin and Ethereum, caused a rapid crypto market sell-off within four hours, signaling a shift from bullish to cautious trading. Bitcoin fell 3.35% to $61,844, Ethereum dropped 7.46% to $1,654, and many altcoins declined even more, reflecting a defensive market stance. The liquidation event was concentrated on exchanges like Binance and Hyperliquid, with traders reducing exposure to high-risk assets and rotating capital toward Bitcoin as a relative safe haven. Market activity remains high but reflects risk management rather than new buying, suggesting continued volatility and careful positioning ahead.
Russia's new digital currency law will allow retail investors to buy only Bitcoin, Ethereum, and Tether's USDT, with an annual purchase limit of 300,000 rubles (about $4,000). The Central Bank of Russia confirmed this restricted list, citing strict c...
Cryptocurrency markets experienced a broad decline with major altcoins like Ethereum, Solana, and XRP falling sharply, signaling reduced risk appetite among traders. Bitcoin showed relative strength, dropping only 3.35% to $61,844, while its market d...
Bitcoin's daily RSI dropped to 17, a rare oversold signal last seen during the 2020 COVID crash, with prices near key support levels around $62,000 and $58,600. Ethereum also hit a similar oversold level, but lacks a clear investment narrative, causi...
Bitcoin's price dropped below $61,000, falling $18,000 over the past ten days due to ETF outflows, leveraged liquidations, and macroeconomic pressures. This decline signals a shift in market sentiment, with expectations that Bitcoin will not surpass ...
Michael Saylor, head of Strategy, explains that Bitcoin's future will be decided by four groups: maximalists who provide faith, capitalists integrating Bitcoin into traditional funds, technologists developing Layer 2 solutions, and fundamentalists pr...
