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.
Crypto traders are leaning into absurdity during a time of tariff volatility and broader market uncertainty, catalyzing the recent surge around Fartcoin and other Solana-based meme coins inspired by topics like flatulence and anatomical features.
Fartcoin is up 30% in the last 24 hours to $0.96, marking a 97% gain in the last seven days and nearly 250% jump in the last 30 days, according to CoinGecko.
During a time when major coins have taken hard hits and some remain well down—Ethereum is down...
Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: Robinhood and MARA Holdings were the only two crypto stocks that ended the week in the green; Coinbase gets competition for its custody biz; and why GDP isn’t all that interesting for asset managers.
Green shoots for Robinhood and MARA
Trading platform Robinhood and Bitcoin miner MARA Holdings managed to end what’s been another rollercoaster five days for markets higher than they were th...
The price of Bitcoin rose toward $84,000 on Friday, recovering virtually all losses seen over the past week amid U.S. President Donald Trump’s partial about-face on tariffs.
The leading cryptocurrency was recently changing hands around $83,800, a 5.1% jump over the past 24 hours, according to crypto data provider CoinGecko. Solana and Ethereum meanwhile climbed 8.3% to $120 and 3% to $1,550, respectively.
On Monday, Bitcoin fell as low as $74,700, underscoring investors’ renewed concerns about t...
