In brief Bitcoin dropped from $121,000 to $106,000 on Friday after Trump announced 100% tariffs on China, triggering $19 billion in liquidations within 24 hours. The crash hit leveraged traders on centralized exchanges hardest, with 1.6 million positions liquidated as the timing—after market close—left crypto as the only outlet for investor reaction. Leverage amplifies both gains and losses on perpetual …
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After a flurry of billion-dollar raises, hundreds of newly minted crypto firms are now fighting to justify their valuations and prove their treasury strategies amount to more than hype. In the span of just a few months, a corporate copycat phenomenon has swept through digital assets. The playbook, pioneered by Michael Saylor’s bitcoin-hoarding behemoth, Strategy, is ostensibly simple: create or …
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Peter Schiff Claims Bitcoin Could Sink to $75K, Says Ethereum Looks Even Worse Bitcoin.com News Why Wall Street’s old ‘wall of worry’ and new ‘debasement trade’ are boosting gold, bitcoin in typically volatile October CNBC Citadel boss Ken Griffin says that one of this year’s top trades is starting to worry him Business Insider Bitcoin Benefiting Alongside Gold in Debasement Trade ETF Trends A …
Read More »Bitcoin, Ethereum, XRP Jump After Crypto Crash. What’s Fueling the Rebound. Barron’s Crypto bloodbath wipes out billions, but signs of stabilization emerge Fox Business Crypto’s Record Selloff Sparks Intrigue Over Who Got Wiped Out Bloomberg.com Trump’s new 100% tariffs on China triggered an $18 billion crypto sell-off CNN Bitcoin, Crypto Stocks Rebound After Major Crypto Sell-Off On Trump’s China Threat Investor’s Business Daily Source link
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A modest reversal from Friday evening’s carnage in crypto markets is underway after some calming trade war-related remarks from both Beijing and Washington. The walk-backs began late Saturday when China’s Ministry of Commerce said its rare-earth export controls are not blanket bans, and that eligible applications will continue to receive licenses. The agency further said it expected those controls to …
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In brief Bitcoin slid from $121,000 to $109,000 in about seven hours Friday. Ethereum hit $3,686 and Solana hovered above $173, per CoinGecko. Liquidations neared $20 billion for the day, including roughly $16.7 billion in longs, after an hour that wiped almost $7 billion. Stocks fell alongside crypto, with the Nasdaq falling 3.6%, S&P 500 down 2.7%, while the Dow …
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Friday’s crypto sell-off was a fast, leverage-driven cascade that crushed altcoins while bitcoin held up comparatively better — and the next phase hinges on a handful of signals, according to Wiston Capital Founder Charlie Erith. In a Sunday post titled “Crypto Crumble,” Erith said the market excluding bitcoin, ether and stablecoins fell about 33% in roughly 25 minutes on Oct. …
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Trader makes $88 million in 30 minutes, times Trump’s tariff move perfectly with Bitcoin short The Economic Times Crypto anger as speculators claim insider trading in Trump crash The Telegraph Bitcoin crash proves crypto is a rigged casino UnHerd What Happened To Crypto Market? Binance Founder CZ Calls For Clarification Behind The $1 Billion Short on Hyperliquid 99Bitcoins Bitcoin OG Adds to BTC Short …
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The cryptocurrency market has seen a drastic fall for two days in a row. Reports suggest this downturn comes in the wake of President Donald Trump‘s imposing 100% tariffs on China. On Sunday, the total market capitalization of the crypto market has plummeted to $3.7 trillion, down from a historic high of $4 trillion just last week. The trading volume currently stands …
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Are there any valid reasons for buying the meme coin instead of the blue chip leader? Bitcoin (BTC 0.98%) and Shiba Inu (SHIB 1.38%) generally attract different types of investors. Bitcoin, the world’s largest cryptocurrency with a market cap of $2.43 trillion, is a “blue chip” token valued by its scarcity and often compared to gold. Shiba Inu, which has …
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