Over $122 million in long liquidations hit crypto markets in the last 24 hours, mainly affecting Bitcoin and Ethereum, signaling a risk reset as traders unwound leveraged bullish bets. Despite this, Bitcoin held steady and gained 0.40%, increasing its market dominance to 58.60%, as capital rotated from riskier altcoins to Bitcoin, reflecting a shift toward safer core assets. Trading volumes surged, showing rapid position adjustments, while regulatory progress in the US and UK and institutional interest continue to support Bitcoin's medium-term outlook. The market is prioritizing risk management over quick rebounds amid ongoing volatility and leverage resets.
Bitcoin's futures market saw a significant 19.5% drop in Open Interest from $26 billion to $20.89 billion in June, outpacing the 11.4% price decline. This suggests traders are reducing leveraged positions, leading to a healthier market structure with...
Binance recorded a net inflow of approximately $170 million in USDT stablecoins over a 24-hour period, indicating a significant rise in stablecoin deposits to the exchange. This inflow suggests increased deployable capital on Binance, potentially for...
Bank of America now expects the Federal Reserve to raise interest rates three times in 2026, totaling a 75 basis point increase. This shift from earlier views signals a more hawkish Fed stance to combat inflation, which could reduce liquidity and wei...
Cryptocurrency prices are fluctuating with Bitcoin trading above $64,400, up 1.11%, and Ethereum around $1,734, up 0.86%. Several altcoins show mixed performance, with some like LAB and DEXE experiencing significant gains of over 20%, while others li...
Grayscale Investments highlights that Bitcoin's recent underperformance compared to equities and gold aligns with rising Federal Reserve rate expectations. Since late February, equities have gained 9%, Bitcoin has dropped 1%, and gold has fallen 20%,...
