🚨 CRYPTO 24H BREAKDOWN 🚨
Derivatives wipeouts and macro anxiety are driving the narrative today. Here is where the market stands:
📊 The Numbers:
• Total Market Cap: $2.27T (-0.2%) 📉
• 24H Volume: ~$54.07B 💸
• Vol Leader: $USDT at 87% dominance! 👑
💥 The Wipeout:
Leveraged longs got hammered. $197M in total liquidations over 24 hours, with a massive $140M coming from forced long closures. Bearish pressure is building.
📰 Top Catalysts:
1️⃣ CPI Anxiety: Traders are de-risking ahead of today's U.S. inflation data, pinning $BTC near $63.5K and $ETH at $1.8K.
2️⃣ ETF Slump: Spot Bitcoin ETF net inflows just broke a 7-day green streak, flipping to -$144.6M.
3️⃣ SEC Alert: SEC schedules a major "Regulation Crypto" rulemaking meeting this Friday (Aug 14).
Eyes on the CPI print today. Stay safe out there! 🧵👇
#USJulyCPI&PPIDueThisWeek #KOSPIRisesNearly5%TriggersBuySideSidecar #SECMayUnveilTokenizedStockExemptionAsSoonAsFriday #OCCSaysDigitalFirmsCanSeekNationalBankStatus #SuperMicroForecastsAboveEstimatesSharesJump9%
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