Crypto Market Suffers $613M in Liquidations as Ethereum Price Falls
TL;DR Over 160,000 traders were liquidated in 24 hours, with losses totaling $613 million. Ethereum's drop below the 20-day average and SoftBank's Nvidia stock sale triggered the panic. Technical analysis suggests growing volatility for ETH, with key supports at risk of breaking towards $3,000.
What Happened in the Crypto Market Today? Bitcoin Price Nears $104K, XRP ETF Approval, and Top Crypto News
Good morning, here's a quick look at what moved the crypto markets during Asian trading hours. Crypto Price Today: Bitcoin Stays Below $104K as Market Makers Target Shorts Bitcoin continued to trade just under the $104,000 mark, holding steady through early Asian hours.
Bitcoin At $103,000, Ethereum, Dogecoin Slip 2% But XRP Shows Strength
Bitcoin is trading around $103,000 on early Thursday even as the Crypto Fear and Greed Index fell deeper into fear at 25. $581.83 million in positions were liquidated, impacting more than 146,022 traders.
Jack Dorsey Expands Cash App: Send Dollars, Receive Bitcoin Through Lightning Network
Jack Dorsey is giving Bitcoin payments a new twist. His fintech firm Cash App has launched a feature that lets users send U.S. dollars through the Bitcoin Lightning Network, allowing merchants to receive Bitcoin even if the sender doesn't own any.
ETH Reclaims the 50-Day EMA vs. BTC – Is the Bull Run Starting?
Ethereum reclaims its 50-week EMA vs BTC, triggering bullish signals, with $4,415 and $7,200 targets now in play amid rising on-chain activity.
XRP Whales Go All-In: 320M Bought in Just 4 Days, RSI's 118-Day Downtrend Break Sparks Frenzy
XRP whales hoard 320M tokens in just 4 days as the 118-day RSI downtrend finally breaks.
Bitcoin (BTC) Trembles in Extreme Fear: Are Bears Triggering a Drop Below $100K?
Bitcoin is currently trading near the $103.1K zone. Market sentiment toward BTC is gripped by extreme fear.
Taiwan premier promises Bitcoin reserve assessment report by end of 2025
Taiwan is exploring the creation of a national Bitcoin Reserve comprising seized coins, much like the US Strategic Bitcoin Reserve established by President Trump in March.
Fidelity says tax moves, not whales, drove Bitcoin's Q4 sell-off!
Macro jitters and whale sell-off remains near-term headwinds for BTC
Taiwan explores launching national BTC reserve with confiscated crypto
Taiwan's Central Bank will launch an exploratory BTC study, with the potential to convert the coins in seized wallets into an official government treasury.
Taiwan Weighs Adding Bitcoin to National Reserves in Major Policy Shift
Taiwan's central bank and Executive Yuan are evaluating Bitcoin as a strategic reserve asset, marking a major step.
Morgan Stanley Sees Autumn For Bitcoin
Morgan Stanley warns of a possible turning point in the crypto market. In a recent analysis, the bank mentions an end of cycle for Bitcoin and recommends investors to take their gains.
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