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Data shows the crypto derivatives market has suffered a massive amount of liquidations following the plunge that Bitcoin, Ethereum, and other assets have seen. Bitcoin & Ethereum Are Both Down More Than 5% For The Past Week The second half of May so far has seen a reversal of trend for the cryptocurrency sector, and the trajectory doesn’t appear to be changing as the month draws to a close. Over the last 24 hours, Bitcoin and other digital assets have seen another retrace, resetting the market by many weeks. Related Reading: XRP Flashes TD Sequential Buy Signal, Analyst Eyes Rebound As the below chart shows, BTC has returned to the $73,400 level following its drop of 3.3% over the past day. At its lowest during this plunge, Bitcoin even briefly slipped under the $73,000 mark, something that hasn’t happened since the first half of April. Although the coin has seen a minor rebound, it remains more than 5% down on the week. Ethereum has faced an even worse outcome inside this window, bein
Read full articleBitcoin's surge reflects optimism in geopolitical stability, potentially influencing broader market confidence and cryptocurrency adoption. The post Bitcoin hits $74,000 as Trump lifts Strait of Hormuz naval blockade appeared first on Crypto Briefing.
Mark Cuban has dumped most of his Bitcoin, calling it “not the hedge I expected” as the Iran war and dollar volatility exposed what he sees as a failed safe haven narrative. Billionaire investor Mark Cuban has revealed he sold…
The lifting of the blockade may stabilize global oil markets, but Iran's Bitcoin use could prompt regulatory scrutiny on cryptocurrencies. The post Trump says US lifting naval blockade as ships may start heading home appeared first on Crypto Briefing.
As the crypto market matures, the relative strength between Ethereum and Bitcoin is becoming one of the most discussed narratives. The ETH ecosystem is entering a new phase of growth, fueled by scaling solutions, rising staking participation, and a more efficient supply structure. These improvements are steadily reinforcing the ETH fundamentals and long-term utility within decentralized finance and beyond. Ethereum, Bitcoin Recovery Depends On Adoption And Market Rotation The debate around whether Ethereum can reclaim its 2021 highs against Bitcoin is gaining renewed momentum as institutional voices turn increasingly optimistic. Crypto analyst Walter Bloomberg revealed on X that Geoff Kendrick of Standard Chartered remains strongly bullish on ETH despite its prolonged underperformance against BTC. Related Reading: Ethereum’s Price Pulls Back Close To $1,900, But Large Holders Remain Unfazed Geoff Kendrick argues that the current disconnection between ETH’s strong fundamentals and its w
Ethereum is clinging to support near $1,800 as rising leverage, crowded longs, and persistent U.S. spot ETF outflows deepen downside risks for the second largest cryptocurrency. Ethereum (ETH) price is extending a weak trend after losing the psychologically important $2,000…
The U.S. Commodity Futures Trading Commission has approved Kalshi to launch the first federally regulated Bitcoin perpetual futures contract in the United States, opening a new path for crypto derivatives trading onshore. According to a CFTC announcement released Friday, Kalshi…
The CFTC issued an order allowing Kalshi to offer perpetual futures in the U.S., starting with contracts tied to Bitcoin's price.
Strategy's potential $80B Bitcoin acquisition could significantly impact market dynamics, amplifying both investment risks and rewards. The post Strategy CEO Phong Le hints at raising $80B to buy Bitcoin appeared first on Crypto Briefing.
