Over $540M Liquidated as Bitcoin, Ethereum Plummet
Bitcoin and Ethereum have both dropped roughly 7% in the past 24 hours amid calls for further rate hikes in September.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This ethereum 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
$270M liquidated from crypto market in past 24 hours as leveraged traders feel the squeeze
The recurring liquidation events highlight the inherent volatility and risks of high leverage in crypto markets, impacting trader...
Ethereum Price Prediction: ETH is Evolving Beyond A Blockchain
Ethereum is trading near $2,650, down 2.3% over 24 hours, but the real story isn’t in the candles or its price prediction. Vitalik...
Bitcoin Price 33% Rebound Faces ETF, Rate, and AI Tests
Bitcoin price climbed 33% over the five weeks while remaining 31% below its all-time high, a rebound that’s reviving talk of a str...
$309M in long positions liquidated from crypto market in 24 hours as leverage unwinds
The liquidation highlights the inherent risks of leveraged trading, potentially deterring investors and increasing market volatili...
USDT grew on Ethereum through 2024, but smart contract holdings stalled, BIS data show
More USDT was issued without a sustained rise in balances held by smart-contract accounts on Ethereum, according to a Bank for Int...
Strategy and Strive Scoop Up More Than 2,700 Bitcoin in a Week
Bitcoin Magazine Strategy and Strive Scoop Up More Than 2,700 Bitcoin in a Week Bitcoin treasuries are loading up again. Strategy,...