Bitcoin Crashes 6% After Hitting New All-Time High Price
In the past hour alone, $32 million long positions have been liquidated.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
XRP cleaned out leverage, now ETF demand has to prove itself
XRP’s late-June washout removed a major source of market instability: excess leverage that could have turned another sharp move in...
It’s been 365 days since Pump Fun promised an airdrop was ‘coming soon’
Tomorrow marks one year since memecoin platform Pump Fun announced that an airdrop for its PUMP token would be “coming soon.” User...
Bitcoin’s ETF comeback is relying on a $79B futures market betting the rebound holds
Bitcoin’s rebound above $63,000 is being helped by renewed ETF inflows, but the harder test will now be whether the liquidity bene...
One Vanguard job posting could decide how crypto reaches 50 million investors
Vanguard posted a Head of Digital Assets, Personal Wealth role on July 6, with openings in Dallas, Scottsdale, Charlotte, and Malv...
Eric Trump Doubles Down on Crypto as American Bitcoin Amasses 8,000 BTC
American Bitcoin Corp. has surpassed 8,000 BTC, worth $502 million at current prices. Eric Trump announced the milestone on X, say...
France and Argentina are on a World Cup final collision course, and crypto is along for the ride
The potential France-Argentina World Cup final highlights crypto's growing role in sports, influencing fan engagement and investme...