Bitcoin Plunges $6K in Minutes, Recovers to $98K as Crypto Liquidations Top $1 Billion
Bitcoin's move triggered more than $1 billion in liquidations across the market, with roughly 80% stemming from long positions.
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
Trump Media’s 14,139 Bitcoin stash faces options exposure and a looming $1 billion debt test
Trump Media's second-quarter results have drawn attention for a $238.1 million loss and a Bitcoin treasury that expanded to 14,139...
Polymarket takes roughly 80 minutes to fully reprice after major news events
Polymarket's delayed repricing highlights prediction markets' inefficiency, offering strategic opportunities for traders exploitin...
Grayscale turned more than $1.1 billion of staked crypto into a recurring reward-sale machine for ETF holders
Grayscale has formalized a mandatory minimum cadence for converting staking rewards from three crypto exchange-traded products int...
Ruble Stablecoin A7A5 Has Processed Close to $140 Billion Since February 2025 Launch
Ruble-denominated stablecoin A7A5 has processed close to $140 billion in turnover since its February 2025 launch, Pyotr Fradkov, C...
Casa CEO Nick Neuman: 233k BTC Moved To Safety After Coldcard Exploit Proves Self-Custody Resilience
Bitcoin Magazine Casa CEO Nick Neuman: 233k BTC Moved To Safety After Coldcard Exploit Proves Self-Custody Resilience Casa CEO Nic...
Bitcoin enters CPI week caught between a $63,000 on-chain demand zone and $69,000 holder resistance
Bitcoin trades near $64,000 heading into the most consequential US macro week of August, sitting almost on top of the market's lar...