$350M Liquidated as Crypto Market Sheds $40B — Fear Remains High!
The crypto market saw ~$350 million** in liquidations over the past 24 hours as total market cap lost **$40 billion in a single day.
The Breakdown:
· BTC fell below $63,000, down over 4% weekly
· ETH dropped under $1,850
· SOL saw $16M in long liquidations
Fear & Greed Index: Remains in fear territory as the Coldcard exploit enters its fifth day.
What to Watch This Week:
· US-Iran negotiations — could determine oil prices and risk appetite
· July payrolls (Friday) — the week's most important data point
· CLARITY Act — Senate deadline approaching
Analyst Take: Bitcoin's 200-week MA at $63,770 is the key level to watch. Historically, buying below this level has produced strong returns.
Takeaway: Fear remains high — but extreme fear often precedes major reversals. Trade with caution!
$NVDA.US
#Liquidation #FearAndGreed #CryptoMarket #Trading #BTC
The crypto market saw ~$350 million** in liquidations over the past 24 hours as total market cap lost **$40 billion in a single day.
The Breakdown:
· BTC fell below $63,000, down over 4% weekly
· ETH dropped under $1,850
· SOL saw $16M in long liquidations
Fear & Greed Index: Remains in fear territory as the Coldcard exploit enters its fifth day.
What to Watch This Week:
· US-Iran negotiations — could determine oil prices and risk appetite
· July payrolls (Friday) — the week's most important data point
· CLARITY Act — Senate deadline approaching
Analyst Take: Bitcoin's 200-week MA at $63,770 is the key level to watch. Historically, buying below this level has produced strong returns.
Takeaway: Fear remains high — but extreme fear often precedes major reversals. Trade with caution!
$NVDA.US
#Liquidation #FearAndGreed #CryptoMarket #Trading #BTC