US EditionBitcoin (BTC) Dips Under $63,000 and History Says More Pain Ahead Before Bottom Forms
Bitcoin dropped nearly 50% from October highs with $466 million liquidated amid extreme market fear triggered by global tariffs and AI disruption risks, data shows.
- On Monday, leading cryptocurrencies and U.S. stocks plunged, with Bitcoin slipping below $64,000 amid a broad market sell-off.
- Macro shocks — notably new global tariffs and AI disruption fears — sparked jitters, while long leveraged crypto positions amplified volatility during Monday's sell-off.
- Coinglass data show that over $466 million was liquidated in 24 hours, with $233 million in Bitcoin liquidations and Ethereum dropping to $1,813 as trading volume surged 86%.
- Major indices fell: the S&P 500 slid 1.04% to 6,837.75 and the Nasdaq Composite dropped 1.13% to 22,627.27 while precious metals eased after the Sunday spike.
- With the crypto market valued at $2.23 trillion after a 3.31% drop, analysts warned of further downside as Bitcoin nearly halved from October highs, with Killa and Jelle cautioning.
21 Articles
21 Articles
Bitcoin, Ethereum Slip, XRP, Dogecoin Flat Amid Trump Tariffs Strain: Analyst Says 'Matter Of Time' Before BTC Falls Below This Level - Grayscale Bitcoin Mini Trust (BTC) (ARCA:BTC)
Leading cryptocurrencies bled alongside stocks on Monday, as new global tariffs and AI disruption fears sparked jitters. Importance Rank: 1
Prices of gold and silver rose on Monday due to the increasing uncertainty surrounding U.S. tariffs. ...
BTC Crashes Below $63K, $600M Wiped Out
The post BTC Crashes Below $63K, $600M Wiped Out appeared on BitcoinEthereumNews.com. Bitcoin tumbled below 63,000 dollars today, deepening a month‑long correction and triggering another wave of leveraged liquidations across the crypto market. The move comes as risk appetite deteriorates on the back of fresh tariff headlines and broader macro uncertainty weighing on speculative assets. Bitcoin price and liquidations During Asian trading hours, B…
Bitcoin market enters full capitulation as price dips below $63K
Panic selling by short-term holders, combined with the RSI near record lows, suggests that BTC could be transitioning into a full capitulation regime. Bitcoin (BTC) sellers resumed their activity on Tuesday as the BTC price dropped 4% in 24 hours to an intraday low of $62,700. Analysts said that Bitcoin has entered an “excess loss-realization” phase, with the relative strength index (RSI) suggesting that a price bottom may be forming. Key takea…
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