Bitcoin Slips Under $73K as Crypto Liquidations Near $1B
The near-$1 billion crypto liquidation spree comes amid rising tensions over the U.S.-Iran conflict and ETF outflows.
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Read full articleThe near-$1 billion crypto liquidation spree comes amid rising tensions over the U.S.-Iran conflict and ETF outflows.
Following the news, bitcoin fell 3.6% to a multi-week low of $72,622 before stabilizing just above $73,000. The sudden volatility triggered a massive market sell-off, wiping out over $930 million in leveraged positions. Geopolitical Escalation Triggers Crypto Sell-off Bitcoin plunged below $73,000 early Thursday following reports of fresh U.S. military strikes inside Iran. Market data […]
Bitcoin price has fallen toward the $73,000 region after a wave of ETF outflows, derivatives pressure, and long liquidations triggered fresh panic across the crypto market. According to crypto.news price data, Bitcoin (BTC) price dropped more than 4% over the…
Just over a couple of weeks since the Bitcoin price was last at the top of the bear flag, it is now practically at the bottom. Was this the last action within this bear flag before it breaks down, or do the bulls still have the potential for a huge rally?
Charles Hoskinson criticized a New York lawsuit seeking ownership of 39,069 dormant Bitcoin wallets holding an estimated 3.7M BTC.
Over $935 million was wiped out across the crypto market as traders shifted their focus to $70,000 as the last line of defense for Bitcoin.
With Bitcoin mining economics under pressure from historically low hashprice levels of mining revenue and rising network competition, AI and HPC infrastructure revenue has emerged as a stabilizing and, in some cases, significantly larger growth driver. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly […]
Bitcoin (BTC) is down to around $73K amid ETF outflows and geopolitical tension. Over $2B in ETF outflows and $900M liquidations added selling pressure. The key support sits at $72,650 with RSI near oversold levels at 34.82. Bitcoin slipped below the $73,000 level as a combination of geopolitical escalation, heavy ETF redemptions, and large institutional […] The post Bitcoin drops to $73K amid renewed US strikes on Iran and ETF outflows appeared first on CoinJournal.