Shiba Inu saw billions of SHIB hit exchanges on May 18 as crypto market liquidations accelerated. On-chain exchange flow data tracked by CoinGlass shows SHIB open interest at $61.2 million on May 18, with $42,485 in futures positions liquidated in…
Bitcoin dropped just 2.2% despite $600M in liquidations, its largest Bitcoin liquidation event in over three months. Bitcoin recorded its largest liquidation event in more than three months, yet the price moved only 2.2%. The limited decline came as Bitcoin saw about $600 million in liquidations, based on the market note. This reflected a smaller […]
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Bitcoin fell to $76,000 on the morning of May 18, reversing a brief relief rally and causing its total market cap to drop to $1.53 trillion. The nearly 2% decline triggered $722 million in total long liquidations across the crypto economy. Bitcoin Slams into Geopolitical Headwinds Bitcoin slid to $76,000 Monday morning, continuing a trend […]
Crypto pundit BarriC has said that an XRP price rally to $10,000 isn’t possible at the moment. He also revealed what needs to happen for the altcoin to potentially reach this level and even rally to $50,000. Pundit Says XRP Price Cannot Rally To $10,000 Now In an X post, BarriC stated that the XRP price cannot reach $10,000 to $50,000 if the altcoin remains purely a retail asset, which investors can buy and trade on exchanges. Instead, he explained that the only way this can happen is if XRP becomes part of the global financial infrastructure. Related Reading: Analyst Says XRP Path To $100 Is Not Straightforward, These Things Will Happen First The pundit further remarked that this could happen if XRP becomes integral to how every bank and financial institution worldwide conducts finance. Once this happens, the pundit predicts that the XRP price will no longer be low and will no longer experience a bear market as it is currently experiencing. BarriC assured that the XRP price will st
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…
Bitcoin fell below $77,000 on Monday, extending a four-day losing streak, triggering $657 million in total liquidations across crypto markets in 24 hours, with long positions bearing the brunt of the pain. BTC Flash Crash Wipes $584 Million in Longs Bitcoin’s latest decline pushed the asset below the $77,000 mark for the fourth consecutive day […]
