Bitcoin Slides Below $77,000 as Bond Market Rout Wipes $670 Million in Crypto Longs

Bitcoin Slides Below $77,000 as Bond Market Rout Wipes $670 Million in Crypto Longs

Bitcoin slid below $77,000 Monday, extending a four-day decline and triggering a leveraged long liquidation cascade that wiped $670 million in positions over 24 hours. The vast majority of the damage hit long bets, led by bitcoin and ether, according to CoinGlass data. Solana fell 5% to $87. XRP dropped 5%. Crypto-linked equities, including Coinbase, Circle, and Galaxy, each fell roughly 8% Friday. The U.S. 10-year Treasury yield topped 4.5% Fri…

HYPE Defies Altcoin Bloodbath While BTC Slips Under $77,000

TL;DR: Bitcoin fell to a three-week low below $77,000 after posting consecutive losses since the weekend. The total cryptocurrency market capitalization decreased to $2.63 trillion, losing $50 billion in recent hours. The HYPE and ZEC tokens are trading in positive territory, with the former crossing the $45 threshold despite widespread declines. The week begins in the crypto market with a notable and widespread correction. In this context, the…

Bitcoin Drops Below $77,000, Ethereum, XRP, Dogecoin Slide Up To 4% On Cascade Fears

Bitcoin dropped into the $76,000 region as spot ETF outflows and weakening sentiment pushed crypto sentiment deeper into fear territory. Notable Statistics: Coinglass data shows 124,022 traders were liquidated in the past 24 hours for $816.06 million.        SoSoValue data shows net outflows of $290.4 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net outflows of $65.7 million. In the past 24 hours, top losers include Bitcoin C…

Bitcoin Slides Under $77K as Crypto Liquidations Top $672M Amid Bond Sell-Off

Analysts flagged that geopolitical shocks no longer "hit crypto directly" thanks to institutional transmission via ETF flows.

Bitcoin Battles 'Collapsing' Bond Markets as Week Starts With Trip to $76,500

Bitcoin started the week with a dip toward new May lows as ongoing BTC price pressures included "collapsing" US bond markets.

Crypto Crash: Liquidations & Bond Yields Surge, Hit Bitcoin

Bitcoin fell below $77,000 over the weekend and remains there after a brief recovery early on Monday.As investors monitored rising bond rates and surging inflation predictions in the US, Bitcoin dropped drastically from $78,300 during the early May 18 trading to $76,925, down over 1.5 percent in the previous 24 hours amid fresh macroeconomic pressure.According to new findings from crypto researchers, exchange inflows have increased to levels clo…