The Bitcoin (BTC) price crash has claimed its first victims. A total of $753 million was liquidated on Bitcoin futures trading exchange BitMEX in the last 24 hours, according to data site DataMish. The majority, some $646 million, came in the last hour.
Crypto commentator Joseph Young noticed the widespread liquidations. He followed up a tweet about them saying, "The halving came. It's just that instead of block rewards, the Bitcoin price halved."
The halving came. It's just that instead of block rewards, the bitcoin price halved.
As Decrypt reported, the price of Bitcoin fell $1,000 in the last two hours, plummeting from $7,300 to a low of $5,500. The price of Bitcoin is currently hovering at $6,000.
Bitcoin (BTC) has just crashed below $6,000 for the first time since May 2019 after losing more than 20% of its value in less than a day.
The price of Bitcoin briefly touched below $5,900 after more than $1,500 was wiped from its value in under an hour. Then the price rebounded back up to $6,700. Right now the price is $6,400 but it's changing rapidly and is varied across exchanges.
Bitcoin's market capitalization now sits at just under $120 billion—down from almost $142 billion this time yeste...
The whole market has been affected by the price crash. All coins—barring stablecoins—are in the red, with many posing losses between 20 and 30%. Ethereum (ETH) is down 30% to $137 and XRP has dropped 21% to $0.16.
The price of various altcoins fell on Friday after U.S. President Donald Trump threatened to impose new tariffs on the European Union and Apple, the $3 trillion iPhone maker.
Ethereum was recently changing hands around $2,550, a 4.1% decrease over the past day, according to crypto data provider CoinGecko. XRP and Dogecoin fell around 3.6% to $2.35 and $0.23, respectively, while Solana edged down 0.8% to $177.
The EU, one of America’s largest trading partners, should face 50% tariffs on goods imp...
Before President Donald Trump floated the idea of a “straight 50% Tariff on the European Union” Friday morning, Bitcoin blasted through $111,000 this week, setting a new all-time high.
The BTC optimism was prompting analysts to debate whether this rally is fundamentally different from those of the past. But again: That was before the president's market tanking news on his Truth Social account,
In the past hour Bitcoin has fallen 1.8% and was changing hands for $108,531, according to CoinGecko.
E...
Everyone’s got an opinion, and prediction markets have become one of the most popular ways for users in crypto to share theirs—and maybe make some bank on it.
On Myriad Markets, users are able to predict event outcomes on markets across lots of different fields, like predicting the price of Bitcoin or the winner of the NBA Championship. And there are plenty more options beyond crypto and sports, including politics, culture, and gaming.
What’s generating interest on Myriad this week? Here’s a loo...
