The sharp decline in cryptocurrency prices has seen global crypto liquidations over the past 24 hours surpass $2 billion. Market data shows a 220% jump in the total amount of leveraged positions across crypto that have forcefully closed amid the latest market bloodbath. Bitcoin, the bellwether crypto asset, leads the liquidations rout after BTC tumbled
JPMorgan strategists issued a stark warning this week: MicroStrategy risks exclusion from major equity indexes, potentially triggering a cascade of forced selling that could drain nearly $9 billion in passive fund holdings. The culprit isn’t business weakness; it’s the company’s extraordinary Bitcoin holdings, which now dominate its balance sheet and have prompted global index providers
Fairlead Strategies’ founder and technical analysis expert Katie Stockton says the fate of US stocks hinges on how Bitcoin trades over the weekend. The risk-off sentiment driven primarily by macroeconomic uncertainty pushed the world’s largest cryptocurrency by market cap down to the sub $81,000 level this morning. And with it tumbled the benchmark S&P 500
Bitcoin dropped to a low of $80,659 on Friday, plummeting sharply as bears tore into bulls amid broader market weakness. Crypto liquidations jumped to over $2 billion. While the benchmark digital asset has since recovered to highs of $84,000 as at the time of writing, crypto analyst Ki Young Ju says the bearish picture could
US authorities are scrutinising Chinese Bitcoin mining giant Bitmain over concerns that its hardware may pose national security risks, as per a Bloomberg report. The probe has drawn attention across the crypto mining industry, which relies heavily on the company’s equipment. Investigation by the Department of Homeland Security The investigation, known internally as “Operation Red
Markets, geopolitics, and big corporate shifts are driving the evening’s biggest stories. Eli Lilly has made history by becoming the first healthcare firm to hit the $1 trillion mark. Trump’s team is bracing for a major internal shakeup ahead of the 2026 midterms. Crypto markets are wobbling under renewed regulatory fears, and China is turning
Bitcoin plunged below $81,000 on Friday, its lowest since April, as liquidations and institutional outflows threatened to break a key technical level, risking widespread forced selling in crypto. The world’s largest cryptocurrency dipped as low as $80,548 before stabilizing near $85,702, erasing what little remained of its year-to-date gains and signaling fragile support in a
Crypto markets went through one of their worst weeks in three years, shedding roughly 14% in total market capitalisation and sliding back below the $3 trillion mark. As of Friday, roughly $500 billion had exited the space in the past seven days. Total cryptocurrency market cap. Source: CoinMarketCap. Bitcoin alone plunged toward $82,000, deepening its
Bitcoin price remained under pressure on Thursday as investors remained in the sidelines amid elevated fear. BTC was trading at $91,940, down sharply from the year-to-date high of $126,300. This article explores some of the top reasons why the coin may rebound soon. Bitcoin price to rebound as Crypto Fear and Greed Index slumps One
Spot Bitcoin exchange-traded funds in the US returned to net inflows on Wednesday, breaking a five-day run of outflows that had pulled more than $2 billion from the sector. Data from Farside Investors showed total net inflows of $75.47 million, driven primarily by renewed buying in BlackRock’s iShares Bitcoin Trust (IBIT) and Grayscale’s Mini Bitcoin