ใRapid ReportใThe market has significantly corrected, with nearly $600 million in long positions liquidated.
In the past 24 hours, the cryptocurrency market has experienced a widespread decline, with major drops in BTC, ETH, and others triggering a chain of liquidations. According to monitoring data, nearly $600 million in futures long positions have been forcibly liquidated across the network.
Notably, the liquidation amount for Ethereum (ETH) reached $235 million, surpassing Bitcoin (BTC), making it the main player in this round of liquidations.
The market is highly volatile, reminding investors to pay attention to risk management and to use high leverage cautiously.
Financial Institutions and the Compliance Process The trends of traditional financial institutions and regulation continue to inject new certainty into Web3.
Bank of America Approved to Offer Crypto Trading Services: Bank of America has received regulatory approval to provide cryptocurrency trading intermediary services to its clients. This is an important sign of mainstream financial institutions' deepening involvement in the crypto market.
Special Purpose Acquisition Company Completes Fundraising: A Special Purpose Acquisition Company (SPAC) listed on NASDAQ, Meshflow Acquisition, announced the completion of its initial public offering, raising $345 million. The company has explicitly stated that the funds will be used to seek mergers and acquisitions in the Web3 fields of crypto infrastructure, asset tokenization, DeFi, etc.
48 Hours of Turbulence: Why Did a Dose of Expected 'Rate Cut Medicine' Trigger a Global Market Chain Reaction?
#็พ่ๅจ้ๆฏ On December 11, 2025, Beijing time, the Federal Reserve announced a reduction of 25 basis points in the target range for the federal funds rate to 3.5%-3.75%. This was a rate cut that the market had fully anticipated and marked the third consecutive reduction since September of this year. However, when this 'shoe' finally dropped, the global financial markets did not experience the calm that comes with certainty, but rather a severe wave of fluctuations and differentiation across stocks, bonds, currencies, commodities, and cryptocurrencies. Behind what seems like a simple policy operation, a complex game concerning economic outlook, policy divergence, and future expectations is unfolding.
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