Over $233M in long positions liquidated from crypto market in 24 hours

XRP has entered one of its most uncomfortable technical zones in months. The cryptocurrency has now broken below a support base that had held since February, but the selloff has not yet turned into a collapse below $1.  Instead, the daily chart shows the XRP price landing on a much older descending channel support that has guided it lower since August 2025. That leaves the cryptocurrency in a difficult position that shows the breakdown is real, but so is the possibility that the latest liquidation has simply carried XRP into a deeper support line that still gives bulls a chance. XRP Breaks February Support, But Finds A Lower Channel Floor Technical analysis of the daily XRP chart shows a clear loss of the straight support range that had held the market together since February. For months, XRP moved mostly sideways between $1.25 and $1.55, with buyers repeatedly stepping in each time the price returned to the lower boundary.  Related Reading: The XRP Dream Has Changed: Why A Rally To $1

Bitcoin reclaimed the $62,000 threshold on Wednesday, recovering from an intraday drop to $60,679 and driving the overall crypto market valuation to $2.21 trillion. Middle East Conflict Escalates Following Helicopter Downing Bitcoin on Wednesday appeared to shrug off overnight military exchanges between U.S. and Iranian forces, reclaiming the $62,000 level just hours after briefly slipping […]

Geopolitical tensions highlight crypto's vulnerability to global instability, underscoring the need for diversified investment strategies. The post US conducts targeted strikes on Iran, crypto market sheds $80 billion in response appeared first on Crypto Briefing.

The Fed's steady rate decision highlights a cautious approach amid inflation and fiscal uncertainties, impacting crypto market volatility. The post Federal Reserve expected to hold rates steady at June meeting, says JPMorgan’s David Kelly appeared first on Crypto Briefing.

TRM Labs said onchain gambling reached $51 billion in 2025, with repeat users and stablecoin flows helping the sector remain resilient during a broader crypto market pullback.

Dogecoin is trading at $0.085 in early June 2026, which is about 88% below its all-time high but deep inside what one analyst believes is the most important technical setup the meme coin has seen since its pre-2021 launch sequence. The difference this time, however, is that the crypto market is no longer dealing with the same small meme coin from the last cycle but with a larger asset sitting in a different liquidity environment. Dogecoin Repeats Its Old Monthly Structure Technical analysis of Dogecoin’s price action on the monthly candlestick timeframe chart is showing evidence that the meme coin may be repeating the same long-cycle pattern that played out between 2014 and 2017 before the massive 2021 rally. The comparison, which was done by crypto analyst Trader Tardigrade, compares two major Dogecoin cycles, with both showing a long consolidation phase, a falling wedge, and then a breakout attempt. Related Reading: Bad News For Bitcoin: Historical Lows Show The Bottom Actually Lies

Bitcoin Cash, Litecoin, and DOGEBALL enter focus as investors seek utility, transparency, and resilience amid market uncertainty. The crypto market is moving very fast. A recent NDTV report shared a big warning for everyone. It showed how President Donald Trump…

Hyperscale's Bitcoin strategy intertwines its AI data center operations with crypto market dynamics, potentially amplifying investor exposure to Bitcoin's volatility. The post Hyperscale Data increases Bitcoin holdings by 4.62 BTC to 709 BTC appeared first on Crypto Briefing.