The cryptocurrency market lost nearly $390 billion in a sharp selloff, with Bitcoin down 17.3% and Ethereum 22%, marking their largest weekly declines since the 2022 FTX collapse. The market cap fell to just over $2 trillion from a $4.2 trillion peak in October. Key factors included MicroStrategy's Bitcoin sale, outflows from Bitcoin ETFs, competition from AI stocks, a security flaw found in Zcash, and a strong U.S. jobs report raising interest rate concerns. Investors remain cautious amid macroeconomic risks and the growing appeal of AI investments, leaving the market outlook uncertain.
Alphabet reported a 103% increase in its cloud revenue last quarter, signaling strong growth in its cloud business. Additionally, the Gemini app reached 1 billion monthly users, highlighting its rapid user adoption. These developments suggest Google ...
A single Bitcoin long position worth $6.52 million was liquidated on Binance's BTC perpetual-futures market at a price of $65,220 on November 14. This liquidation was a single event involving one position, not a combined total of multiple liquidation...
XRP's price fell 2.09% in the hour ending 3:52 p.m. ET on Nov. 14, reaching $0.933 on Binance. Over the past 24 hours, XRP dropped 8.89%, reflecting significant market volatility. During the one-hour window, liquidations of long positions across Bina...
Bitcoin experienced $11.28 million in long position liquidations within an hour ending at 3:52 p.m. ET on November 14, as its price fell by 0.55% from $65,648 to $65,285. Data from Binance, Bybit, and OKX show total liquidations of $11.52 million, in...
Ether (ETH) experienced $11.04 million in long position liquidations within a single hour ending at 3:52 p.m. ET on November 14, coinciding with a 0.89% price decline from $1,833 to $1,817. This liquidation data, collected from Binance, Bybit, and OK...
