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The metric fell to $3.3 trillion on TradingView. Bitcoin’s price went through a sudden and painful crash on Friday evening and Saturday morning, dropping to its lowest position since early July. As this became the single-largest daily liquidation event with more than $19 billion wrecked, the total market cap plunged by $900 billion at one point. BTC’s Crash What a week it has been for the primary cryptocurrency. It all started on the right foot, with a surge past $124,000 last Sunday and up to $126,000 on Monday, which became a new all-time high. The asset lost some traction…
Investors withdrew 230,000 ETH from exchanges in just 48 hours Ethereum joined the rest of the market in the past day by plummeting to a multi-month low of $3,500 before recovering slightly to $3,850 as of now. During this harrowing crash, different investors showed various behavior types, from mass selling to buying the dip. The ETH flash crash in the summer of 2017 is the closest event I can think of in comparison to what happened yesterday. Even during the Covid crash I can’t remember so many major alts losing so much so swiftly. Difference with this liquidation cascade…
XRP price saw one of its sharpest drops of the year. It plunged from $2.83 to as low as $1.77 in a matter of hours before bouncing to around $2.44.Even after that rebound, the token is still down about 14% in 24 hours and nearly 20% weekly. But the data shows this wasn’t a normal sell-off — it was a panic-led, derivatives-driven flush, not real token selling. And now that the XRP price rebound is shaping up, a key group is seen adding to the token stash. Sponsored SponsoredPanic-Led Derivatives Crash, Not Spot SellingOn-chain data confirms that this was not…
According to economist Timothy Peterson, Bitcoin’s recent slide could be a short-lived wobble if October’s history repeats itself. He pointed out that drops larger than 5% in October are rare — they have occurred just four times in the past 10 years — and when they happened, Bitcoin often bounced back quickly. Related Reading Historical October Bounces Reports show the four October setbacks came in 2017, 2018, 2019, and 2021. In the week after each fall, recoveries ranged from modest to sharp: gains of 16% in 2017, 4% in 2018, and a big 21% in 2019, while 2021 was the…
The Bitcoin, Ethereum, and Dogecoin prices are crashing today, sparking bearish sentiment in the crypto market. This followed the U.S. President Donald Trump’s move, which has ignited fears of a full-blown trade war with China. Why The Bitcoin, Ethereum, and Dogecoin Prices Are Crashing The Bitcoin, Ethereum, and Dogecoin prices are down today, according to CoinMarketCap data. The flagship crypto has dropped to as low as $104,000 over the last 24 hours, wiping out its early October gains that led to a new all-time high (ATH) above $126,000. Ethereum dropped to as low as $3,400, while Dogecoin broke below the…
The story of Bitcoin has always been one of evolution. What began as a peer-to-peer electronic cash system has steadily grown into the world’s leading digital reserve asset. Along the way, Bitcoin has attracted not only cypherpunks and technologists but also institutions, public companies, and financial service providers seeking to incorporate it into their balance sheets and operations. This edition, The Finance Issue, explores one of the most significant and complex chapters of Bitcoin’s ongoing journey: its integration into the world of corporate treasuries and mainstream finance. In recent years, adoption by listed firms, asset managers, and fintech platforms has…
Mike Novogratz’s Galaxy Digital has secured a $460 million private investment from one of the world’s “largest asset managers” to accelerate the transformation of its former Bitcoin mining site in Texas into an AI data center.The deal involves the purchase of 12.77 million Class A shares at $36 per share, with the proceeds earmarked for general corporate use and the expansion of its Helios campus, expected to deliver 133 megawatts of IT capacity in early 2026, the company announced Friday. “Having one of the world’s largest and most sophisticated institutional investors make such a significant investment in our company will…
Morgan Stanley is dropping long-standing restrictions on which of its wealth management clients can invest in crypto funds, broadening access across its $8.2 trillion platform. Starting Oct. 15, financial advisors will be able to offer bitcoin and crypto funds to any client — including those with retirement accounts — according to reporting by CNBC. Until now, only investors with more than $1.5 million in assets and an aggressive risk profile could participate. In other words, Morgan Stanley will soon let all its wealth management clients, including those with retirement accounts, invest in crypto. No asset-cap required. The move marks a…
Key points:Bitcoin and altcoins reel from the biggest liquidation event in crypto history.BTC price action fails to stage a rebound from multi-week lows, with $100,000 getting closer.Crypto is beginning a “cleanse” of bull-market euphoria, a trader says.Bitcoin (BTC) pressured $110,000 support on Saturday as the dust settled on a record $20 billion liquidation event.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewTrader sees start of “crypto cleanse”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD struggling to rebound after falling to three-week lows on Bitstamp.Fresh market nerves over the US-China trade war punished risk assets across the board. The S&P 500 closed down 2.7%…
By Omkar Godbole (All times ET unless indicated otherwise)It’s a tough market to trade as bitcoin’s BTC$111,717.44 price swings sharply. Following a late Thursday drop from $123,000 to $120,000, BTC has recovered to trade around $121,400, with privacy coins such as ZEC$222.44 and DASH$37.75 rising sharply. The CoinDesk 20 Index has bounced to 4,178 points from the overnight low of 4,097.BTC’s volatility has picked up, likely in expectation of another Fed rate cut later this month.”Bitcoin volatility is poised for a breakout. Implied volatilities across 14, 30, and 90-day expiries have surged to their highest levels in the past 30…

