Bitcoin hinges on $93K support, risks $1.3B liquidation on trade war concerns
Global trade war concerns may pressure Bitcoin below the key $93,000 support in the short term, analysts told Cointelegraph. Source link
‘This too shall pass’ amid single largest crypto liquidation event
Richard Teng, CEO of Binance, said volatility would become less relevant as crypto markets mature and projects grow larger. Teng, who succeeded Binance founder Changpeng Zhao as CEO, encouraged crypto users to weather oongoing volatility and focus on skill-building while markets slumped. More than $2 billion in liquidations within 24 hours sent cryptocurrency prices plunging, […]
Bitcoin price signals potential rebound despite $393m liquidation
Bitcoin price crashed to a low of $91,170 on Monday, as cryptocurrencies and the stock market crashed. Bitcoin (BTC) moved into a technical correction, falling by over 16% from its highest level this year. Its drop was mainly due to potential stagflation risks in the United States and its impact on the Federal Reserve. Donald […]
Ethereum leads crypto’s $2.24B liquidation amid tariff wars
Over 730,000 traders faced liquidations as Ether led the market plunge. Analysts compared the impact with the FTX collapse and COVID-19 crash. Source link
Small-cap crypto lead $1.7 billion liquidation in a day
The crypto market has witnessed a massive outbreak in just a day, with liquidation data showing hundreds of thousands of traders have been liquidated and the market cap shrunk. According to the data from CoinGlass on Dec. 10, market traders have seen major liquidations in a year, with $1.7 billion wiped out in just a day of […]
