Crypto Market Slides as Stocks Get Hammered, Bitcoin Falls Below Key Support
The crypto market continued lower over the past 24 hours following a selloff led by technology stocks in the US on Thursday. The falling prices were accompanied by liquidations across the crypto market, with one analyst...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The crypto market continued lower over the past 24 hours following a selloff led by technology stocks in the US on Thursday. The falling prices were accompanied by liquidations across the crypto market, with one analyst saying the leverage flush-out could potentially set the market up for a “relief rally.”...
Read More: Crypto Market Slides as Stocks Get Hammered, Bitcoin Falls Below Key Support
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 CryptonewsRelated market context
Bitcoin’s $69,000 breakout now hinges on yields after Fed warns more tightening may be needed
Bitcoin ran from around $64,100 to nearly $70,000 within hours on Aug. 19, once the US Treasury unexpectedly doubled its planned b...
Crypto short liquidations surge past $2B in 24 hours as bears get obliterated
The massive short liquidations highlight the volatility and risk in crypto markets, potentially deterring bearish bets and affecti...
Bitcoin Shortsellers Get Destroyed With $1.7B in Positions Liquidated Following BTC Price Jump
Bitcoin Magazine Bitcoin Shortsellers Get Destroyed With $1.7B in Positions Liquidated Following BTC Price Jump Daily liquidations...
XRP Price Prediction: XRP Reclaims $1 Support as Whale Transfers Jump 280% and Open Interest Rises
The combination has placed the XRP price at an important technical juncture, although the latest data does not yet establish a con...
63,222 crypto traders liquidated in past 24 hours as leverage continues to bite
The persistent high leverage in crypto trading leads to frequent liquidations, highlighting the risks and capital shifts in volati...
Bitcoin Rockets Past $72,000 After Trump Pushes For Clarity Act
Bitcoin Magazine Bitcoin Rockets Past $72,000 After Trump Pushes For Clarity Act Bitcoin’s price surged further on Thursday, blowi...