Cryptocurrency markets saw a sharp Monday selloff, wiping out $253 million in leveraged positions, as geopolitical tensions in the Middle East resurfaced.
Bitcoin's price briefly dipped below $63,000 during the Asian session due to a leverage flush, with liquidations being minor at one-sixth of the 30-day peak.
A significant short squeeze saw $281 million in bearish positions liquidated over 24 hours, propelling Bitcoin towards $62,000.
Bitcoin briefly hit its lowest point since September 2024 before rebounding to $59,770, as $1 billion in futures positions were liquidated.
Bitcoin plummeted to a 21-month low of $58,000, triggering $600 million in hourly liquidations amidst US PCE inflation hitting a three-year high.
Bitcoin plummeted to $58,000, marking its lowest point in 21 months, as high US PCE inflation and stock market volatility hit the crypto market.
Bitcoin and Ether led $1 billion in liquidation losses, with Bitcoin hitting its lowest point since early June amid a volatile AI trade.
Liquibit Capital's Alen Pavlović reported Bitcoin's June forced selling peaked near $68,000, days before its bottom, while Nonco's Caue Teixeri highlighted infrastructure as the prevailing currency.
Over **$170 million** in **Ether (ETH)** long positions were liquidated as the crypto market tumbled and **Bitcoin (BTC)** struggled to maintain **$62,000**.
Bitcoin fell 2.5% to $62,300 and Ether dropped over 4%, with a staggering $717 million in liquidations across altcoins following a Nasdaq tech selloff.
Controversial personality Andrew Tate has reportedly lost more than $800,000 from perpetual futures trading on the Hyperliquid platform.
The digital credit market saw a significant downturn, with STRC and SATA tokens plunging due to forced selling from leveraged positions before a rebound.
Bitcoin saw a volatile weekend, surging past $63,000 and triggering over $504 million in short liquidations before geopolitical tensions caused a swift pullback.
Bitcoin swiftly recovered above $61,000 after a sharp overnight dip to $59,227, triggered by a strong jobs report that also impacted traditional financial markets.
Dogecoin and Shiba Inu plunged approximately 9% each, signaling a broader crypto market risk-off sentiment as Bitcoin struggles to hold the $60,000 level.
Bitcoin recently saw significant volatility, dipping to $61,300 and triggering $3 billion in liquidations, while derivatives traders anticipate further downside.
Bitcoin's recent dip towards $60,000 triggered over $600 million in liquidations, creating a divided market sentiment amidst a prevailing bearish technical outlook.
Bitcoin's recent dip below $62,000 led to $1.5 billion in crypto liquidations, influenced by market shifts towards AI and gold, and revised Fed rate cut outlooks.
Bitcoin's price plummeted to $62,000, triggering billions in liquidations as investors pivot from crypto to high-performing IPOs and AI stocks.
Bitcoin's recent price dip to $65,000 has sparked a massive $1.8 billion in liquidations, signaling potential further market volatility.
The cryptocurrency market saw a significant downturn, with over $1.6 billion in bullish positions liquidated as major altcoins ETH, SOL, and DOGE fell by 9%.
A recent 6% decline in Bitcoin's price led to significant market liquidations, with some analysts now pointing to a potential $50,000 price target.