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What Does Bitcoin (BTC) Price Drop Mean for Broader Markets?: Crypto Daybook Americas

By Omkar Godbole (All times ET unless otherwise noted) Eric Trump was right when he reportedly said on September 27 that the fourth quarter would be incredible for crypto holders. It has been so far… just not as bulls had hoped. Bitcoin BTC$83,292.08 is down 28% to $82,000, with a drop of over 5% in […]

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Liquidity crunch drives Bitcoin, Ether to double-digit losses

The crypto market plunged towards April lows on Friday with bitcoin BTC$82,279.86 and ether ETH$2,682.02 both drop about 10% in 24 hours. BTC recently traded around $82,200 with ETH near $2,700. The altcoin market fared worse than the major cryptocurrencies, with several tokens falling as much as 20%. The CoinDesk 20 Index (CD20) fell 10%,

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Snipers Pocket $1.3M Using ‘Flashblocks’ on Jesse Pollak’s Creator-Coin on Base Blockchain

Two blockchain snipers raked in more than $1.3 million in profits during the rollout of Base founder Jesse Pollak’s creator coin on Thursday, a brisk trade made possible by the introduction of “flashblocks” on the Coinbase-backed layer-2 blockchain. The release included 500 million JESSE tokens, half of the total supply, being seeded into a liquidity

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A year after hitting an all-time high, MSTR stock is down 68%

A year ago, Strategy (MSTR), the software company that became a pioneer in buying bitcoin BTC$83,292.08 as a corporate treasury asset hit an all-time high and bitcoin, the largest cryptocurrency, was within $100.00 for the first time. How things change. The strategy is now 68% below its $543 peak, hit days after President Donald Trump’s

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Suffers Flash Crash at $80K on Hyperliquid

Bitcoin BTC$82,585.21the leading cryptocurrency by market capitalization, experienced a brief lightning strike at 7:34 UTC on Hyperliquid, which dropped from $83,307 to $80,255 within a minute only to return just as quickly to $83,000. During that span, Hyperliquid saw five accounts liquidated, each worth $10 million, with the largest single liquidation amounting to $36.78 million,

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Will Bitcoin Fall Below $80,000 Today As Crypto Bulls See Liquidations Of $1.7B dollar

Bitcoin extended its November collapse on Friday, falling below $85,000 for the first time since April as a cascade of leveraged liquidations and collapsing sentiment fueled what looks set to be the worst monthly move since the crypto winter of 2022. BTC briefly touched $81,600 before stabilizing near $84,000, erasing its year-to-date gains and returning

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17-day inflow streak signals demand for the Solana token

USA spot solana SUN$130.80 exchange-traded funds (ETFs) extended their streak of inflows to a 17th straight day on Wednesday, with no net withdrawals since they first began trading on Oct. 28. The funds added $48.5 million on Wednesday, bringing cumulative net inflows since inception to $476 million, according to Farside data. Wednesday’s inflow was the

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BTC ETFs record record $3.79B outflows in November

The 11 spots bitcoin BTC$85,533.71 exchange-traded funds (ETFs) listed in the United States have collectively recorded outflows totaling $3.79 billion, the largest on record and surpassing the previous peak outflow of $3.56 billion in February. BlackRock’s bitcoin ETF, IBIT, the world’s largest exchange-traded fund, has seen redemptions of more than $2 billion this month, according

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Yen (JPY) decline is bullish for Bitcoin and risk assets. Or is it?

Bitcoin BTC$85,533.71 isn’t the only asset taking a beating this quarter. The Japanese yen (JPY) also fell by 157.20 per US dollar, a big move for a major fiat currency, prompting currency traders to await intervention from the Bank of Japan (BOJ) to stem the decline. But why are we discussing FX? That’s because, historically,

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