The crash was caused by a perfect storm of short-term factors, causing $20 billion in liquidations — the worst 24-hour drain in crypto history.
Related Posts
SEC crypto staking guidance ‘major step forward’ for US: Crypto Council
The SEC said protocol staking isn’t a securities transaction, marking a key win for crypto regulation and paving the way…
Glassnode Says Bitcoin Options Traders Are Still Positioned For Trouble
Bitcoin’s drop back below $78,000 after a rejection near recent local range highs has left options traders positioned cautiously, according…
$300 Million Crypto Bet: Kazakhstan’s Central Bank Gears Up
Kazakhstan’s central bank has signaled plans to place up to $300 million into crypto and crypto-linked assets, a move that…