Bitcoin’s sudden dip under $95k incurs $180 million in trader losses, stalls $100k momentumTurbulent hour for traders as Bitcoin slip below $95,000 incites major liquidations for crypto traders.
Happy Monday!Bitcoin's recent drop below $95,000 has triggered a wave of turbulence in the crypto markets, resulting in over $180 million in liquidations as traders react to the sudden shift. This volatility comes amid Cardano's Charles Hoskinson announcing legal action against Wyoming's stablecoin commission for failing to adhere to inclusive blockchain practices. Meanwhile, El Salvador is exploring a unique strategy by considering the rental of 170 volcanoes to Bitcoin miners, aiming to capitalize on its geothermal resources. In another significant development, Donald Trump’s former Commerce Secretary has partnered with Cantor Fitzgerald to collaborate with Tether on a $2 billion Bitcoin project, further intertwining traditional finance with the crypto landscape. Stay tuned for more updates on these unfolding stories! 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.31 trillion, with a 24-hour volume of $212.07 billion. The price of Bitcoin is $96,280.19, and BTC market dominance is 57.4%. The price of Ethereum is $3,508.73, and ETH market dominance is 12.7%. The best-performing sector is Staking, which gained 18%. The Crypto Fear & Greed Index is currently Greed (82). Bitcoin’s sudden dip under $95k incurs $180 million in trader losses, stalls $100k momentum
Turbulent hour for traders as Bitcoin slip below $95,000 incites major liquidations for crypto traders. 📰 Top News
Cardano’s Charles Hoskinson vows legal action over Wyoming stablecoin snubWyoming's stablecoin commission faces backlash from Cardano for bypassing inclusive blockchain procedures. El Salvador toys with renting 170 volcanoes to Bitcoin miners, aims to disrupt industryEl Salvador's unrealized bitcoin gains rise as innovative geothermal law takes shape. Donald Trump’s Commerce Secretary picks Cantor Fitzgerald to collaborate with Tether on $2B BTC projectHoward Lutnick's firm Cantor Fitzgerald, which holds most of Tether's reserves, has also agreed to acquire a 5% stake in Tether.
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