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Bitcoin · United StatesCrypto markets saw over $1 billion in leveraged positions wiped out in the past 24 hours after hotter-than-expected U.S. Producer Price Index (PPI) data fueled fears of persistent inflation and delayed Federal Reserve rate-cut expectations. The sell-off came hours after bitcoin hit a fresh all-time high above $123,500, with traders unwinding risk across the board. Major memecoin dogecoin (DOGE) fell 9% to lead losses among majors, with Solana's …See the Story
Bullish Bets Lose $860M to Liquidations as ETH, BTC, XRP, DOGE Prices Drop 9%
100% Center coverage: 1 sources
RalliesOKB, the token of cryptocurrency exchange OKX, more than tripled to a record high after the company executed a one-time burn of 65.26 million OKB, cutting the supply by more than 50%.Burning the roughly $7.6 billion worth of tokens permanently reduces the maximum supply to 21 million, in line with the hard cap coded into bitcoin (BTC). The burn, or sending the tokens to a wallet address that can't be accessed, was carried out from OKX’s reserves…See the Story
OKB Token Price Surges 200% as Supply Slashed by 50%
100% Center coverage: 1 sources
