Category: Massive
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Bitcoin Crashes Below $61K as Altcoins Take Massive Beating (Weekend Watch)
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The past 24 hours have not treated the cryptocurrency market well, with most coins trading well into the red zone. Bitcoin has fallen below $61,000, while the majority of altcoins are also suffering significant losses. Let’s take a closer look. Bitcoin price suddenly collapses BTC trading was relatively flat throughout…
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Grayscale’s GBTC Halts Massive Outflow Streak With $4M Inflows
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The spot bitcoin ETF — GBTC — posted its second straight day of net inflows on Monday, attracting $4 million into the fund. In doing so, GBTC broke a four-month streak of outflows. This follows Friday’s reversal of a 78-day net outflow trend, with an additional $63 million. Since moving…
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Whales Spark Rebound With Massive $2.8 Billion Purchase
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The past few weeks have been a rollercoaster ride for Bitcoin investors. Inflation fears and geopolitical tensions sent shockwaves through the cryptocurrency market, dragging Bitcoin and its altcoins to depths not seen since early 2024. Bitcoin, the world’s leading cryptocurrency, fell to a low of $56,500 this week. , which…
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Massive Bitcoin Volatility, Ripple (XRP) Trial, and CZ’s Sentencing: This Week’s Crypto Recap
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Bitcoin price has been on a wild ride for the past seven days. The cryptocurrency is down 4.2% during that period, but that summary doesn’t do the action justice, so let’s dive into it. The market was fairly quiet at the start of the week, trading at around $64,000 with…
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ForexLive Asia-Pacific FX news wrap: Massive swings for USD/JPY – intervention then bounce
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USD/JPY as it happened: last: The USD/JPY pair was holding near 157.50 after the US market closed on Wednesday afternoon before interventionary selling hit it hard. It fell from 157.50 dramatically after a large number in very liquid trading over the course of about 20 minutes before finally bouncing from…