On Monday, U.S. spot-listed bitcoin ETF outflows rose to $516 million as bitcoin tumbled toward $90,000.
Liquidations crossed the $1.35 billion level in the past 24 hours as a market slide worsened.
Ether’s brief run to $2,850 on Monday was due to a catch-up trade that could reverse later, one trader said.
Altcoins made waves as BTC held steady despite continued outflows from spot ETFs.
Broccoli coin is the latest example of the dangers of playing in an anything goes market.
Wintermute has launched a CFD tied to the GMUSA index, providing an easier way for traders to bet on the U.S. strategic crypto reserve.
Traders of BTC-tracked products lost $238 million in the past 24 hours, majorly in early European and Asian afternoon hours.
Much of the concern draws from a possible overvaluation in U.S. tech companies as DeepSeek’s latest AI model is significantly cheaper to produce and was built using open-source technology that is easy to access.
Across ETFs, spot and futures trade, bitcoin combined for $130 billion volume yesterday.
Crypto majors showed mixed movement as bitcoin (BTC), ether (ETH) and BNB Chain’s bnb gained under 1% in the past 24 hours, while Solana’s SOL and XRP surged as much as 7%.
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