Over $600M liquidated from crypto market in a single hour as leveraged longs get wiped out

Ethereum price continued moving lower on Monday as rising macroeconomic uncertainty, weakening institutional demand, and growing exchange inflows pressured the broader crypto market. According to data from crypto.news, Ethereum (ETH) price fell more than 5% over the past 24 hours…

$660M Crypto Liquidation: What Beginners Must Know The post $677M in Liquidation’s as Bitcoin Tumbles Under $80,000 appeared first on 99Bitcoins.

Upbit listing sparked TRAC’s sharp liquidity-driven rally. OriginTrail (TRAC) broke above major EMAs with strong bullish momentum. The key support at $0.351 may decide the next price direction. OriginTrail (TRAC) posted one of the strongest performances in the crypto market on May 18, sending the token sharply higher even as broader digital assets faced downward […] The post OriginTrail (TRAC) jumps over 75% on Upbit listing: here’s how high it could go appeared first on CoinJournal.

The crypto market remained under heavy pressure on Monday as escalating geopolitical tensions, surging oil prices, sticky U.S. inflation data, and a massive wave of leveraged liquidations weakened investor sentiment across digital assets. The total cryptocurrency market capitalization fell roughly…

The post Shiba Inu Short Death Cross Confirmed, 10% Drop Recorded in Days appeared on BitcoinEthereumNews.com. Shiba Inu erased gains from the past week as major cryptocurrencies recorded declines that pushed prices lower. At the time of writing, SHIB was recording 10% losses on a weekly basis. The last two days saw sharp selling for Shiba Inu alongside the broader crypto market. A selloff in riskier assets swept through cryptocurrency markets as concerns over inflation rattled jittery investors. The crypto declines came in tandem with drops in stock and bond markets. Shiba Inu has declined since reaching a high of $0.00000668 on May 11, marking four out of five days of losses since this day. Peter Brandt Warns Solana Could Crash Is Hyperliquid Worth All the Recent Hype? SHIB/USD Weekly Chart, Image By TradingView The selling intensified towards the weekend as back-to-back hot CPI and PPI prints earlier in the week contributed to traders betting that the Federal Reserve might hike inte

The post Bitcoin Drops Below $78,000 as Iran Makes Latest Threat on Hormuz appeared on BitcoinEthereumNews.com. Bitcoin (BTC) extended losses into Saturday. Iran’s threat to charge tolls on Strait of Hormuz shipping kept pressure on global risk assets. The two-day selloff has now erased over $80 billion in crypto market value. The pioneer crypto traded near $77,947 after dropping below $78,000. Leveraged longs absorbed the bulk of a reported $620 million in 24-hour liquidations. Profit-Taking After CLARITY Vote Set Up the Slide Saturday’s move builds on a sharper drop earlier in the week. The Senate Banking Committee passed the CLARITY Act on Wednesday by a 15-9 vote, briefly pushing BTC above $82,000 before profits got booked. Bitcoin (BTC) Price Performance. Source: TradingView Analyst Crypto with Harris described the reversal as a textbook profit-taking move. Traders had spent weeks pricing in regulatory progress, and the formal committee vote removed the catalyst. 🚨 Why did Bitcoi

The post STABLE plummets 18% – Fakeout above $0.04 traps bulls appeared on BitcoinEthereumNews.com. In the past 24 hours, the crypto market witnessed $650.35 million in liquidations. Of these, $622.85 million were long liquidations. These forced long closures added to the downward pressure. Bitcoin [BTC] saw $205 million in liquidations after losing 3.14% in 24 hours. The move came as a slight surprise after BTC bounced from the $78.9k support level on Wednesday, the 13th of May. It could only reach as high as $82k before sliding lower. Stable bulls unable to reclaim range highs The recent Bitcoin selling has impacted altcoin market confidence and resulted in market-wide losses. Stable [STABLE] was down 18.7% in the past 24 hours. Earlier in the week, it had looked as if it had breached a range formation it had been trading within since February. Source: STABLE/USD on TradingView In the final week of April, AMBCrypto had reported that STABLE was trading within a range formation that re

Dunamu's profit drop highlights the vulnerability of crypto exchanges to market fluctuations, emphasizing the need for diversified revenue streams. The post Upbit operator Dunamu reports 78% profit drop amid cooling crypto market appeared first on Crypto Briefing.