Tokenized silver futures recorded the largest liquidations across the crypto market over the past 24 hours, overtaking bitcoin and ether in a rare reversal of the usual risk hierarchy as a pullback in precious metals spilled into commodities-based crypto futures. According to CoinGlass data, 129,117 traders were liquidated in the past day, with total losses reaching $543.9 million. Tokenized silver contracts led the wipeout, with roughly $142 million in liquidations tied to products tracking silver pric ...

Bitcoin extended its breakout on Wednesday, climbing to as high as $97,800 during the U.S. trading session after finally breaching the $95,000 resistance that capped prices for much of the past two months. The largest cryptocurrency gained 3.5% over the past 24 hours. Meanwhile, the second largest cryptocurrency, Ethereum’s ether (ETH), outpaced bitcoin's gains, rallying 5% to $3,380 — its highest price in over a month — and breaking through the key $3,300 level for the first time in 2026. The synchron ...

Core Insights - The cryptocurrency market is experiencing significant declines, with Bitcoin dropping 3% despite traditional markets like Nasdaq and S&P 500 showing gains [3][4][5] - Liquidations in the crypto market have surged, with over $414 million in long positions liquidated in a single session, following a previous flash crash that saw $19 billion wiped out [5][6] - Michael Burry's skepticism towards Bitcoin has resurfaced, drawing comparisons to tulip bulbs and emphasizing its perceived worthlessness and vulnerability [6][7] Market Performance - Bitcoin has seen a notable decline, recently falling towards the $89,000 mark, distancing itself from October highs [4] - The total crypto market capitalization remains around $3.1 trillion, recovering from a low of $2.9 trillion, indicating potential turning points despite ongoing volatility [6] Liquidation Trends - The current wave of liquidations is reminiscent of past crypto shakeouts, with a significant amount of long positions being cleared out [4][5] - The rapid liquidation of nearly $100 million in long positions occurred within 30 minutes, highlighting the market's instability [5] Sentiment and Commentary - The overall sentiment in the crypto market has shifted from surprise to concern, particularly in light of Burry's critical comments during this period of volatility [2][6] - Burry's bearish outlook on Bitcoin is influencing market sentiment, which is already fragile due to the recent downturn [7]

Core Insights - Bitcoin experienced a 5% decline in the past 24 hours, contributing to a 21% drop over the past month, with current trading around $86,800, down 31% from its all-time high [1] - Total crypto market liquidations surged to $637 million, with $568 million attributed to long positions [2] Market Dynamics - The recent sell-off was driven by a rapid, momentum-driven drop that led to significant long liquidations, amplifying selling across both spot and derivatives markets [3] - Comments from Strategy CEO Phong Le regarding the potential sale of Bitcoin to fund dividend payments have sparked fear among investors, altering perceived supply dynamics [4][5] Investor Sentiment - Despite concerns raised by Le's comments, traders on the prediction market Myriad assign only a 5% chance of Strategy selling any Bitcoin before year-end [6] - Tether's potential insolvency, particularly if Bitcoin and gold decline by 30%, has also contributed to market volatility, as concerns about liquidity premia and margin risk have increased [7]

Crypto Market Crash: $1B in Bitcoin, ETH, SOL & Top Altcoins Liquidated Ahead of Options Expiry — Source: CoinGape Today's crypto market crash wipes out a total of $1.35 trillion in market cap since October. Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL) and other top altcoins saw $1 billion in liquidations. $4.2 billion crypto options expiry could add further selling pressure in this bear market. Crypto market crash sees no signs of stopping, with $1.35 trillion in market cap wiped out since Oct ...

Core Insights - Bitcoin experienced a significant decline, dropping to just above $100,000 before a slight recovery to $101,000, driven by forced liquidations and macroeconomic concerns [1][5] - Over $2 billion in futures contracts were liquidated in the last 24 hours, with long traders suffering the majority of losses at $1.6 billion [1][2] Market Dynamics - Liquidations occur when traders using borrowed funds are forced to close positions due to margin requirements, leading to automatic sales on crypto futures exchanges [2] - The recent wave of liquidations is one of the largest since September, indicating fragile market positioning after volatile price movements [3] Price Movements - Bitcoin fell 5.5% in the past day and over 10% for the week, while Ether dropped 10% to $3,275, and other cryptocurrencies like Solana and BNB also saw declines [4] - The total cryptocurrency market capitalization decreased to approximately $3.5 trillion, marking its lowest level in over a month [4] Sentiment and Outlook - Risk-off sentiment in financial markets has affected a wide range of assets, including cryptocurrencies, stocks, and commodities [5] - Speculation regarding the Federal Open Market Committee's (FOMC) potential rate cuts and concerns over tariffs and credit market conditions have contributed to market declines [6] - Despite the volatility, analysts maintain a constructive long-term outlook for Bitcoin, viewing the $100,000 level as a significant psychological support [7] - The upcoming sessions will be critical in determining whether Bitcoin's recent bounce can lead to a sustained recovery or if further forced selling will occur [8]

Market Overview - The crypto market experienced significant declines, with Bitcoin nearly reaching $99,000 and Ethereum hitting a four-month low, leading to total daily liquidations exceeding $2 billion [1][2][3] - Bitcoin fell below the $100,000 mark for the first time in six months, with a recorded low of $99,075 [1][2] Bitcoin Performance - Bitcoin was trading at $101,167, reflecting a daily drop of approximately 5%, and has seen a decline of over 10% in the past week, down nearly 20% from its all-time high of over $126,000 set in early October [2] - Liquidations for Bitcoin positions amounted to $614 million, with Bitcoin leading daily liquidations earlier in the day [3] Ethereum Performance - Ethereum's price dropped from a 24-hour high of $3,649 to a low of $3,097, marking its lowest price since July, and is currently down more than 9% on the day [2] - Ethereum accounted for $655 million in liquidations, surpassing Bitcoin's liquidations [3] Altcoin Performance - Other altcoins such as XRP, Solana, and BNB experienced greater daily losses than Bitcoin, although none matched Ethereum's decline [3] Market Sentiment - The total liquidations of $2.02 billion in the past 24 hours, while substantial, are still far below the record $19 billion set in October, indicating a shift towards more conservative trading behavior among investors [4] - Market anxiety persists among large investors, reminiscent of the volatility seen on Black Friday (October 10) [4]

Core Insights - The article discusses a significant $19 billion liquidation cascade that impacted the crypto markets recently [1] - Round13 Capital's decision to go all-cash is highlighted, contrasting with many bullish forecasts for Q4 [1] Market Impact - The liquidation cascade indicates a major disruption in the crypto markets, suggesting heightened volatility and risk [1] - The decision to hold cash reflects a cautious approach amidst uncertain market conditions [1] Fund Strategy - Round13 Capital's move to an all-cash position signifies a strategic pivot in response to market dynamics [1] - This decision may influence investor sentiment and strategies in the broader investment landscape [1]

Core Insights - The cryptocurrency market experienced a significant downturn following U.S. President Donald Trump's threats of new trade tariffs on China, leading to widespread investor concern and a sharp decline in prices [1][2]. Market Performance - Bitcoin's price fell from over $121,000 in the morning to below $106,000 by the afternoon [2]. - Ethereum dropped from $4,300 to under $3,600, while altcoins like Dogecoin and Cardano saw daily dips of up to 40% before partially recovering [3]. Liquidation Events - A record $19 billion worth of crypto positions were liquidated within 24 hours, primarily affecting long positions, which accounted for nearly $17 billion [4][5]. - This liquidation event is noted as the largest in crypto history, with over 1.6 million traders affected [6]. Recovery and Current Status - Following the initial plunge, Bitcoin is currently down nearly 8% at just above $112,000, while Ethereum shows a 12% loss at $3,816 [7]. - Predictions indicate a continued volatile weekend for Bitcoin, with a 56% chance of further declines before Monday [8].

Core Insights - The crypto market experienced significant liquidations, with over $16 billion wiped out in long positions following U.S. President Trump's threat of 100% tariffs on Chinese imports, leading to a global risk-off sentiment [1][2][3] - Bitcoin and Ether saw notable price fluctuations, with Bitcoin recovering to $113,294 and Ether to $3,844 after a brief drop below $110,000, marking a 10% decline in 24 hours [2][3] - The total market capitalization of crypto fell to $3.87 trillion, with approximately $16.7 billion of the $19.1 billion in liquidations coming from long positions [3][4] Market Dynamics - The recent crash resulted in the largest volume of liquidations in the crypto market, surpassing previous significant events such as the FTX collapse in 2022 and the early COVID lockdowns, although the percentage impact is less significant due to market growth since 2022 [4][5] - CoinGlass reported $19.13 billion in liquidations, suggesting the actual total could be higher due to slower reporting from major exchanges like Binance [5][6] - The U.S. government shutdown has delayed key economic data releases, adding to trader anxiety amid renewed trade war rhetoric [6]