Dogecoin (DOGE) and Cardano (ADA) are experiencing substantial price drops amidst broader cryptocurrency market uncertainty. Dogecoin’s price recently traded near $0.199, critically testing key technical support at its 50-day Simple Moving Average (SMA) of $0.194. Market analysts warn that breaching… Read More »Dogecoin, Cardano Face Significant Declines Amid Market Pressure
Dogecoin (DOGE) plummeted 9.17% within 24 hours, breaching the crucial 200-day simple moving average support level at $0.212. The sharp decline reflects broader crypto market volatility fueled by macroeconomic pressures. A surge in leveraged position liquidations exacerbated the selloff, with… Read More »Dogecoin Plummets 9% Amid Dollar Rally and Market Turmoil, Key Support Levels Tested
Ethereum witnessed dramatic market volatility as its price fell below the $3,800 threshold on July 22, resulting in approximately $1.79 billion in long position liquidations. The abrupt decline primarily impacted leveraged traders amid intensified price fluctuations across cryptocurrency markets. Analysts… Read More »Ethereum Price Plunge Below $3,800 Triggers $1.79 Billion Liquidation Event Amid Market Turbulence
The cryptocurrency market experienced a sharp downturn with bitcoin (BTC) tumbling below the $116,000 threshold and triggering over $140 million in leveraged position liquidations over a 24-hour period. This volatility spike impacted 213,729 traders amid rapidly shifting market conditions. Bitcoin… Read More »Crypto Market Sees Major Correction with $140 Million Liquidated as Bitcoin Plunges Below $116,000
Ethereum (ETH) exhibits resilience despite a recent price retracement, retreating from levels above $3,600. The cryptocurrency has nonetheless maintained critical support zones around $3,300 and $3,080, signaling this downturn is unlikely to disrupt the broader upward trajectory. The price drop… Read More »Ethereum Price Dip Seen as Correction Within Ongoing Bullish Cycle
Bitcoin has entered a significant correction phase with prices falling 4% as investors engaged in substantial profit-taking, realizing over $3.5 billion in gains. Long-term holders drove the majority of this sell-off, accounting for 56% of the profits – the largest… Read More »Bitcoin Faces Short-Term Correction Amid Profit-Taking and Liquidations Despite ETF Inflows
The cryptocurrency market experienced a violent liquidation cascade with approximately $89.61 million in positions forcibly closed within a single hour. This abrupt downturn was primarily driven by large-scale Bitcoin sell orders executed by long-term holders known as ancient whales. Market… Read More »Ancient Whale Sell-Off Triggers $89 Million Crypto Liquidation Spree
A dramatic price surge in major cryptocurrencies triggered massive liquidations across derivatives markets, with over $1 billion in short positions wiped out within 24 hours. Bitcoin skyrocketed beyond $116,000 while Ether climbed toward $3,000, creating one of the most significant… Read More »$1 Billion Crypto Short Squeeze Hits Traders as Bitcoin Surges Past $116,000
Bitcoin and Ethereum faced extreme volatility following Israel’s military operation against Iran, resulting in massive leveraged position liquidations across cryptocurrency markets. The action, codenamed ‘Operation Rising Lion,’ prompted a sharp sell-off that saw Bitcoin decline nearly 5% to $103,000 while… Read More »Geopolitical Tensions Trigger $1.1 Billion Crypto Liquidation as Bitcoin, Ethereum Tumble