Crypto Market Volatility
The total market cap dipped about 2% to around $2.42 trillion, with Bitcoin sliding 2.8% to $68,400 and Ethereum dropping nearly 6% to $1,965. Volatility spiked, with BTC's change hitting over 4%, reflecting broader deleveraging amid shaky sentiment.
Liquidations hammered traders hard—over 100,000 accounts got wiped out, totaling roughly $275 million in losses, per CoinGlass data. Long positions took the biggest hit at $225 million, as prices tanked and forced sales amplified the downturn.
The U.S. Senate advanced a crypto bill giving the CFTC oversight, but it's stalled on party lines. Democrats are pushing back over lack of anti-profiteering rules, tied to Trump's crypto conflicts and stablecoin yield debates. Trump's media firm filed for new BTC and ETH ETFs, signaling pro-crypto moves, yet the bill's limbo fueled market jitters, erasing post-election gains and sparking this sell-off. Trillions could flow in if clarity comes, but uncertainty reigns. Stay vigilant—crypto's future hinges on D.C. drama.
Stay tuned for tomorrow’s pulse!
#VVVSurged55.1%in24Hours #PEPEBrokeThroughDowntrendLine
$XAU $XAG $XPT
The total market cap dipped about 2% to around $2.42 trillion, with Bitcoin sliding 2.8% to $68,400 and Ethereum dropping nearly 6% to $1,965. Volatility spiked, with BTC's change hitting over 4%, reflecting broader deleveraging amid shaky sentiment.
Liquidations hammered traders hard—over 100,000 accounts got wiped out, totaling roughly $275 million in losses, per CoinGlass data. Long positions took the biggest hit at $225 million, as prices tanked and forced sales amplified the downturn.
The U.S. Senate advanced a crypto bill giving the CFTC oversight, but it's stalled on party lines. Democrats are pushing back over lack of anti-profiteering rules, tied to Trump's crypto conflicts and stablecoin yield debates. Trump's media firm filed for new BTC and ETH ETFs, signaling pro-crypto moves, yet the bill's limbo fueled market jitters, erasing post-election gains and sparking this sell-off. Trillions could flow in if clarity comes, but uncertainty reigns. Stay vigilant—crypto's future hinges on D.C. drama.
Stay tuned for tomorrow’s pulse!
#VVVSurged55.1%in24Hours #PEPEBrokeThroughDowntrendLine
$XAU $XAG $XPT
