The crypto market cratered over the weekend, with Bitcoin setting a number of firsts. The sell-off began Friday as investors reacted to macroeconomic concerns, with Bitcoin sharply plunging from a high of $122,600 to reach $107,000. The drop continued on Saturday with Bitcoin marking three straight days of declines since Oct. 6. Amid the sell-off
It’s been 36 hours since the crypto market watched almost $20 billion get wiped out in liquidations. SUI collapsed 80%, XRP lost 53% from its recent highs, and Solana’s price on Binance futures printed $141 while spot still traded at $168 — the perfect picture of how books break when cascading sales hit. American businessman
Peter Schiff, long-time gold advocate and crypto skeptic, has reignited bearish sentiment in digital assets with a new forecast predicting steep declines for both Bitcoin and Ethereum. The crypto market saw over $19 billion of leveraged positions liquidated within 24 hours starting Friday, October 10, marking the largest liquidation event in the market. The capitulation
The market is neutral on the last day of the week, according to CoinStats. BTC/USD The rate of Bitcoin (BTC) has fallen by 0.44% since yesterday. Despite today’s fall, the price of BTC is looking bullish on the hourly chart. If a breakout of the local resistance of $112,213 happens, the growth is likely to
A massive Bitcoin whale short position worth $900 million has stunned the crypto community. Reports suggest the whale, holding over $11 billion in total assets, opened aggressive shorts on both Bitcoin and Ethereum. The timing has reignited fears of a broader market correction after weeks of volatility. The move comes amid a fragile macroeconomic backdrop,
BlackRock’s spot Bitcoin ETF continued to attract heavy investor demand even as the cryptocurrency market plunged. Data from October 6 to October 10 shows that the firm’s iShares Bitcoin Trust (IBIT) logged five straight days of inflows totaling roughly $2.63 billion, according to the latest on-chain data retrieved by Finbold from Coinglass on October 12.
Thirteen years is a long time to do nothing, yet one early Bitcoin player has managed exactly that, sitting on a stash pulled from Mt.Gox back when the entire pile was barely the price of a used car, and now, with the market shaken and traders scrambling, he finally twitched as revealed by Lookonchain. A
Gold bug Peter Schiff (to no one’s surprise) has been busy gloating over the most recent Bitcoin price crash. The infamous financial commentator has now predicted that the price of Bitcoin could collapse all the way to $75,000, which would be the lowest level since April. Strategy’s gains in danger? The predicted drop, according to
The crypto market just saw its biggest ever liquidation event, with over $19 billion wiped out in a matter of 24 hours, triggering a major Bitcoin price drop. Bitcoin fell from a high of $122,600 on Friday to reach $107,000, extending a drop from its record high of $126,296 reached Oct. 6. The impact of
Just after 8 a.m., bitcoin traded between $111,760 and $112,091 in the last hour as volatility remained contained despite bearish signals across multiple timeframes. The asset’s market capitalization stood at $2.23 trillion with a 24-hour trading volume of $68.04 billion and an intraday price range of $109,862 to $112,576. Bitcoin The broader technical landscape for