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Search Results for: liquidation

Is Bitcoin Bearish Trend Set to Deepen After Dropping Below $91K?

Bitcoin (BTC) recently dipped to $91,242.89 and is trading at $94,297.01, marking a 5.93% decrease over the past 24 hours. The current market cap is $1.87 trillion, reflecting a 5.92% decrease. However, trading volume surged by 175.69%, reaching $96.08 billion, indicating heightened market activity despite the price drop. BTC remains

February 3, 2025 2 mins read

Donald Trump Tariffs Lead to $50 Million Loss for World Liberty Financial

Donald Trump new tariff system is shaking global markets. In particular, the crypto market was in a blood bath in the early Asia hours, with BTC and ETH falling above 6% and 20% respectively. With more than $2.2 billion in crypto liquidations in the last 24 hours, the total market

February 3, 2025 2 mins read

XRP Faces the 21% Heat Can It Defy the Odds?

The trading day kicked off under the bearish cloud, drowning assets in a sea of red. Major coins, including Bitcoin and Ethereum, took a hit, dropping back to $93.4K and $2.4K respectively. Ripple’s XRP bore the brunt, sinking by over 21.27% in the past 24 hours. The market is showing

February 3, 2025 3 mins read

Solana Price Faces Sharp Decline Amid Trade War Fears and Tariff Turmoil

Concerns that risk assets may be badly affected by a trade war sparked by President Trump’s tariffs on key trading partners have caused several of the most valuable cryptocurrencies to fall by 10% or more in the last day. Investors are fleeing risky assets like cryptocurrencies as a result of

February 3, 2025 2 mins read

Ethereum Whale Nets $16.8M Shorting ETH as Price Drops

An Ethereum whale secured a $16.8 million profit by shorting ETH ahead of a sharp price correction. Leveraging a 50x short position, the whale capitalized on Ethereum’s 5% price drop during a broader crypto market sell-off.  ETH briefly plummeted to $3,050, triggering over $81 million in long liquidations. The market

February 2, 2025 2 mins read

Is JasmyCoin (JASMY) Eyeing Major Resistance After a 25% Rally?

After a long stretch of bearish pressure, Bitcoin (BTC) bounced back to the $104K mark, while altcoins experienced a mixed bag of results. Among them, JasmyCoin (JASMY) stole the spotlight with a 24-hour jump of 25.37%. JASMY opened the day trading at a low of $0.02585 and has tested multiple

January 31, 2025 2 mins read

What’s Driving Litecoin (LTC) to Surge Over 14%?

The crypto asset’s sharp decline in the bear market has been followed by a modest rebound. Bitcoin has surged to $105K, while Ethereum wrestles with breaching the $3.4K barrier. Meanwhile, Litecoin (LTC) has posted a 14.14% daily surge in its market price.  Some events aligned with the market recovery include

January 30, 2025 2 mins read

Can Ethereum (ETH) Shake Off the Downturn?

After a brief recovery from the bear trap, Bitcoin moved toward the $105K mark. However, the largest altcoin, Ethereum (ETH), seems reluctant to follow suit, pointing to a potential pullback. Ethereum price has battled to advance higher above $3.2K but failed and slipped back. ETH is now consolidating losses and

January 30, 2025 2 mins read

Will WIF Print More Gains After a 15% Surge?

With Bitcoin retreating to $102K, the broader crypto market has dipped, dragging most assets to their lows. However, Solana-based Dogwifhat (WIF) defied the trend with a 15% rally despite the downturn.  Notably, the WIF has retested its crucial levels at $1.19 and $1.30. Nevertheless, the meme coin continues grappling to

January 29, 2025 2 mins read
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