Bitcoin's (CRYPTO: BTC) price recently dropped below $70,000. It's now pulled back more than 40% from its all-time high last October and has given up all its gains since President Trump won the election on Nov. 5, 2024. That sell-off can be attributed to elevated Treasury yields, a murky outlook for future interest rate cuts, and other macro headwinds -- which all drove investors to book profits and rotate toward more conservative investments. As Bitcoin's price plunged, leveraged liquidations at key supp ...

A wave of leveraged liquidations totaling $46 million dragged XRP to its steepest one-day drop in over four months. This drop contrasts Ripple’s successful bids for new regulatory approvals across Europe. Key Takeaways: – XRP fell more than 17% to about $1.25 on Thursday, its worst one-day performance since October 2025, as broader crypto markets plunged. – Roughly $46 million in XRP derivatives were liquidated in 24 hours, with $43 million coming from leveraged long positions, according to CoinGlass da ...

Core Insights - Dogecoin (DOGE) experienced a significant flash crash, dropping 50% from $0.22 to $0.11 before recovering to the $0.19–$0.20 range [2][4] Price Action Summary - The flash crash occurred at 21:00 UTC on October 10, with a total intraday range of $0.14, indicating approximately 57% volatility, and a trading volume of 4.6 billion tokens compared to a daily average of 1.5 billion [2][6] - Following the crash, DOGE rebounded to the $0.19–$0.20 range as whales re-accumulated, with exchange outflows exceeding $23 million and approximately 2 billion DOGE added to corporate wallets [2][4] - Technical analysis indicates a support level formed at $0.19–$0.20, with resistance at the pre-crash high of $0.22, and potential targets of $0.25 and $0.30 above that [6] - The trading pattern suggests a double-bottom near $0.19, which may indicate an accumulation zone, while oversold RSI and expanding Bollinger bands point to a possible short-term mean reversion [6] Market Context - The flash crash was linked to broader market selloff triggered by the Trump administration's announcement of a 100% tariff on Chinese imports, affecting both equities and digital assets [4] - Market chatter suggested that the collapse was more related to leveraged liquidations and automated trading failures rather than any fundamental deterioration of DOGE [4]