Why Is Crypto Down Today? Nearly $1 Billion in Leveraged Positions Just Got Wiped Out.
22 Articles
22 Articles
Why Is Crypto Down Today? Nearly $1 Billion in Leveraged Positions Just Got Wiped Out.
A wave of forced liquidations just tore through the crypto market, hitting every major coin at once, and Bitcoin is now clinging to a support zone that could determine whether the selling stops here or accelerates into something far worse.
Bitcoin drops by 4% and the ethereum by 6.5% after higher than expected US inflation. Analysis of the correlation with the AI sector and the Fed.
Bitcoin's $100,000 dream slips away as $939 million crypto wipeout pushes traders toward $78,000
Bitcoin registered an intraday low of $79,730 before recovering to around $82,000 as surging US wholesale inflation intensified a cryptocurrency selloff that triggered nearly $940 million in liquidations. This price action extended losses as stronger-than-expected inflation data raised concerns about another interest rate hike by the Federal Reserve. According to CoinGlass, 176,506 traders were liquidated… Read the full story on CryptoSlateUnder…
🚨 A $939.30 million liquidation wave occurred in the crypto market on the night of October 15. 📉 84.3% of the losses occurred in long positions, with the biggest hit seen in $BTC and Ethereum. 📊 Bitcoin remained above $80,000, while positive funding rate data indicated that medium-term optimism continues. Read More: A $939 million liquidation wave occurred in the crypto market The article "A $939 million liquidation wave occurred in the crypt…
The cryptocurrency market again went down on Thursday (15), with bitcoin (BTC) leading losses and renewing the risk aversion reading among investors. The movement was accompanied by the largest digital assets on the market, on a day marked by pressure from the macro environment and new resource outputs [...]
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