The past 24 hours witnessed a staggering surge in altcoin futures liquidations, spearheaded by Big Time’s BIGTIME and Ordi Protocol’s ORDI tokens, culminating in a colossal $250 million wiped out across the altcoin spectrum. This sharp shakeup lays bare the abrupt and unpredictable swings pulsing through the market’s veins. Understanding Liquidations: When Margin Calls Become…
In a rollercoaster ride, Bitcoin blasted beyond $89,000 before retreating to around $87,000, triggering futures liquidations surpassing $600 million on both bullish and bearish bets. This wild price gyration marked the most intense turbulence since BTC briefly touched above $73,000 earlier this year. Altcoins such as DOGE, SOL, and APT suffered hefty futures wipeouts, with…
While crypto traders juggle the positive vibes from thawing U.S.–Japan trade spats, signals hint at weakening bitcoin (BTC) demand around the $112,200 mark and a rise in protective option plays. Asian Markets Gain Momentum The MSCI Asia Pacific Index nudged up by 0.5%, eyeing a fifth consecutive day of upward momentum. Japan’s Nikkei-225 made a…