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 Bitcoin sub 60K levels in focus after daily crypto liquidations near 300M

Bitcoin sub 60K levels in focus after daily crypto liquidations near 300M


Published: 2024-04-30


1. Bitcoin Price Drop: The article focuses on the recent drop in the price of Bitcoin,which fell below $60,000. This was accompanied by approximately $300 million worth of crypto liquidations in a single day. The volatility in the crypto market has led to concerns among investors,with some attributing the drop to various factors such as market manipulation or liquidations triggered by leveraged positions.

2. Market Volatility: The article discusses the high level of market volatility in the crypto space,as evidenced by the significant liquidations that occurred. This has raised questions about the stability and sustainability of cryptocurrencies,particularly Bitcoin,which is often seen as a benchmark for the market. Traders and investors are closely monitoring these fluctuations to assess the potential risks and opportunities in the market.

3. Investor Sentiment: The drop in Bitcoin price and the subsequent liquidations have impacted investor sentiment in the crypto market. Some traders may see this as a buying opportunity,while others may be more cautious amid the uncertainty. The article highlights the importance of risk management strategies in such volatile market conditions,as sudden price movements can lead to significant losses for traders.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 BTC title=BTC 71,053.95 4,525,371,959.22
2 ETH title=ETH 3,721.98 3,854,897,767.41
3 ARS title=ARS 1,135.60 2,421,271,127.10
4 SOL title=SOL 182.56 1,031,619,004.93
5 PEPE title=PEPE <0.01 678,254,889.79
6 DOGE title=DOGE 0.16 323,469,076.09
7 XRP title=XRP 0.54 276,059,690.99
8 BONK title=BONK <0.01 260,118,072.77
9 WIF title=WIF 2.87 230,440,752.31
10 GALA title=GALA 0.04 212,129,935.35
11 ENA title=ENA 0.86 176,068,218.44
12 BOME title=BOME 0.01 143,160,129.24
13 AVAX title=AVAX 40.58 141,872,141.79
14 NEAR title=NEAR 8.18 141,104,479.12
15 RUNE title=RUNE 6.95 128,514,349.36
16 FTM title=FTM 0.90 118,389,005.44
17 RNDR title=RNDR 11.20 117,456,959.32
18 ETHFI title=ETHFI 4.12 117,216,972.87
19 LINK title=LINK 16.93 108,829,565.69
20 LDO title=LDO 2.29 107,507,426.33
21 OP title=OP 2.87 104,311,360.30
22 FLOKI title=FLOKI <0.01 101,326,158.04
23 ETC title=ETC 32.06 97,564,522.74
24 WLD title=WLD 5.20 96,712,238.79
25 PENDLE title=PENDLE 6.27 90,527,231.68
26 ENS title=ENS 20.47 87,188,548.96
27 ADA title=ADA 0.50 82,000,589.17
28 FIL title=FIL 6.13 76,323,569.55

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Ethereum Name Service title=ENS 20.47 +39.92
2 Metis title=METIS 77.73 +30.75
3 Lido DAO title=LDO 2.29 +29.23
4 Bonk title=BONK <0.01 +28.87
5 Renzo title=REZ 0.13 +28.81
6 Bounce title=AUCTION 17.58 +27.76
7 Ether.fi title=ETHFI 4.12 +24.13
8 Grok title=XAI 0.74 +24.08
9 Uniswap title=UNI 9.34 +19.99
10 Ethereum title=ETH 3,721.98 +19.83
11 Wrapped Beacon ETH title=WBETH 3,863.92 +19.70
12 Pepe title=PEPE <0.01 +18.79
13 CyberConnect title=CYBER 8.93 +18.74
14 Ethena title=ENA 0.86 +17.90
15 Pendle title=PENDLE 6.27 +17.48
16 SKALE title=SKL 0.09 +17.36
17 Fusionist title=ACE 5.26 +17.27
18 Bittensor title=TAO 434.10 +17.26
19 Blur title=BLUR 0.42 +17.08
20 Wrapped NXM title=WNXM 79.31 +16.62
21 BEAMX title=BEAMX 0.03 +16.22
22 WOO title=WOO 0.35 +16.18
23 Starknet title=STRK 1.25 +15.12
24 Balancer title=BAL 3.95 +15.01
25 Loopring title=LRC 0.29 +14.77
26 Synthetix Network title=SNX 2.98 +14.74
27 Gnosis title=GNO 353.90 +14.68
28 GMX title=GMX 34.17 +14.66
29 Convex Finance title=CVX 2.71 +14.18
30 Sushi title=SUSHI 1.21 +13.99

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 GALA title=GALA 0.04 -5.85
2 Arweave title=AR 44.93 -5.35
3 Jito title=JTO 4.26 -4.12
4 DeXe title=DEXE 12.27 -3.05
5 Ooki title=OOKI <0.01 -2.78
6 Manchester City Fan Token title=CITY 3.15 -2.42
7 TrueFi title=TRU 0.13 -2.31
8 Lazio Fan Token title=LAZIO 2.74 -1.58
9 Atletico Madrid Fan Token title=ATM 2.99 -1.29
10 High title=HIGH 4.43 -1.23
11 Polkastarter title=POLS 0.73 -0.75
12 FIO Protocol title=FIO 0.03 -0.55
13 Stafi title=FIS 0.50 -0.24
14 PAX Gold title=PAXG 2,413.00 -0.08
15 Raydium title=RAY 1.98 -0.03
16 Pax Dollar title=USDP 1.00 -0.02

Bitcoin's Greed and Fear Index.

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76
Extreme Greed

Global CryptoCurrency News

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at news date
1 Bitcoin price hits 70K as spot and BTC ETF buying surges 2024-05-21
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3 CPI report spurs 932M inflows into crypto investment funds 2024-05-21
4 Bipartisan bill for blockchain competitiveness passes US House 2024-05-21
5 Ex Florida congressman joins Coinbase Global Advisory Council 2024-05-21
6 Ether surges 18 amid new hope for spot Ether ETFs approvals 2024-05-21
7 Ethereum price soars on spot ETF rumor How are ETH options markets positioned 2024-05-21
8 Prometheum launches Ether custody service that treats ETH as a security Report 2024-05-21
9 Dark web market owner arrested in New York after FBI traces crypto 2024-05-21
10 House Democrats wont be forced to vote against two pro crypto bills 2024-05-21
11 Anti crypto FDIC chair Martin Gruenberg to step down best day ever 2024-05-21
12 Bitcoin ETFs are orange FOMO poker chips that siphon on chain funds back into TradFi 2024-05-20
13 Binance calls on small and medium projects to combat low float high FDV trend 2024-05-20
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15 Grayscale CEO Michael Sonnenshein steps down 2024-05-20
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19 New York AG reaches 2B settlement with Genesis 039for defrauded victims 2024-05-20
20 White paper that birthed crypto ZK proofs receives IEEE Test of Time award 2024-05-20
21 Bitcoin bulls take charge as SOL AR GRT and FTM flash bullish signs 2024-05-20
22 Ripple publishes math profs warning public key cryptosystems should be replaced 2024-05-20
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47 Tornado Cash founder sent to prison DeFis EU struggles Finance Redefined 2024-05-18
48 Ethereum price rallies above 31K after unexpected regulatory victory 2024-05-18
49 Blockchain gaming investments reached nearly 1B in April 2024-05-18
50 Crypto Biz Galaxy CoinShares Q1 results ETFs on the blockchain and more 2024-05-18

US news that has a significant impact on the market

at news day date time
1 Treasury Sec Yellen Speaks Tuesday 21-05-2024 09:00
2 FOMC Member Waller Speaks Tuesday 21-05-2024 14:00
3 FOMC Member Barkin Speaks Tuesday 21-05-2024 14:00
4 FOMC Member Williams Speaks Tuesday 21-05-2024 14:05
5 FOMC Member Bostic Speaks Tuesday 21-05-2024 14:10
6 FOMC Member Barr Speaks Tuesday 21-05-2024 16:45
7 FOMC Member Mester Speaks Wednesday 22-05-2024 00:00
8 Existing Home Sales Wednesday 22-05-2024 15:00
9 Crude Oil Inventories Wednesday 22-05-2024 15:30
10 FOMC Meeting Minutes Wednesday 22-05-2024 19:00
11 Unemployment Claims Thursday 23-05-2024 13:30
12 Flash Manufacturing PMI Thursday 23-05-2024 14:45
13 Flash Services PMI Thursday 23-05-2024 14:45
14 New Home Sales Thursday 23-05-2024 15:00
15 Natural Gas Storage Thursday 23-05-2024 15:30
16 FOMC Member Bostic Speaks Thursday 23-05-2024 20:00
17 Core Durable Goods Orders m/m Friday 24-05-2024 13:30
18 Durable Goods Orders m/m Friday 24-05-2024 13:30
19 FOMC Member Waller Speaks Friday 24-05-2024 14:35
20 Revised UoM Consumer Sentiment Friday 24-05-2024 15:00
21 Revised UoM Inflation Expectations Friday 24-05-2024 15:00

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