Bitcoin Crash Wipes Out Summer Rally: What Wall Street Isn’t Telling You - BusinessToday

Crypto Fear & Greed Index Drops to 20/100 Following $2 Billion Leverage Flush

The CoinMarketCap Crypto Fear & Greed Index dropped to a seven-month low of 20/100 following $2 billion in liquidations. Binance co-founder CZ questioned the extreme bearish sentiment, noting historical rebounds from similar levels. CryptoQuant data reveals short-term holders sent 45,700 BTC to exchanges at a loss, signaling panic selling. The crypto market has undergone a severe correction over the past 24 hours, resulting in approximately $2 b…

What caused the $2.1 billion liquidation wave in the crypto market?

A sharp downturn swept through the global cryptocurrency market in the last 24 hours, triggering $2.1 billion in liquidations. Decline in crypto prices wiped almost $70 billion from the sector’s total market capitalization. In particular, nearly 486,069 traders were liquidated during this downturn, according to CoinGlass data. Ethereum (ETH) and Bitcoin (BTC) led the losses, accounting for $679.9 million and $644 million in liquidations, respect…

Bitcoin tests $100K support after massive liquidation event rocks market – #CryptoUpdatesGNIT

Bitcoin briefly fell to $100,000 after a sharp market-wide sell-off. Over $1.6 billion in leveraged long positions were liquidated in 24 hours. The crash was fueled by “risk-off” sentiment and Fed rate cut uncertainty. The cryptocurrency market was rocked by a wave of forced selling late Monday, triggering a sharp downturn that saw Bitcoin briefly touch the $100,000 level and erased more than $1.6 billion in leveraged bullish positions. The sudd…

Crypto Liquidations Top $2B as Bitcoin Dips to $98K

The crypto market saw a sharp decline on Tuesday, losing approximately $250 billion in value as Bitcoin and Ethereum tumbled amid global economic uncertainty. Bitcoin dropped under the $100,000 mark for the first time since May, reigniting concerns about weakening investor sentiment.Visit Website

Bitcoin crash wipes out summer rally: What Wall Street isn’t telling you - BusinessToday

The downturn follows a brutal wave of liquidations in October that erased billions in bullish bets. Since then, traders have largely remained on the sidelines.

Crypto Market Liquidations Accelerate To Over $2 Billion, Here’s What’s Causing The FUD

Crypto market liquidations have soared over $2 billion amid intensifying selling pressure. Bitcoin’s breach of its key support on the way below $100K, quantum computing risks, major outflows in crypto ETFs, early BTC adopters selling, and a BTC DAT company dumping amplified the FUD. Things took a turn for the worse mid-week as crypto market liquidations continued to pile up. In the last 24 hours, the numbers swelled to $2.04 billion based on Coi…