Exchanges wipe out $2 billion overnight as Bitcoin breaks to $81k — what today’s pain says about the next moveBitcoin loses $85k support as extreme fear grips leveraged traders.Happy Friday!Crypto markets shuddered overnight as $2 billion vanished in liquidations amid Bitcoin’s drop below $85,000, signaling intense fear among leveraged traders. Amid this turmoil, high-profile leveraged liquidation drama unfolded with Andrew Tate losing everything on Hyperliquid. Meanwhile, a stealth IPO filing by Kraken ignites a $100 billion crypto listing surge, underscoring major growth in crypto financial infrastructure. Dive into today’s top stories for critical insights and what to watch next. The global crypto market cap is $2.86 trillion, with a 24-hour volume of $285.75 billion. The price of Bitcoin is $84,155.14, and BTC market dominance is 58.2%. The price of Ethereum is $2,749.35, and ETH market dominance is 11.5%. The best-performing sector is Prediction, which gained 5%. The Crypto Fear & Greed Index is currently Extreme Fear (14). 📰 Top NewsExchanges wipe out $2 billion overnight as Bitcoin breaks to $81k — what today’s pain says about the next moveBitcoin loses $85k support as extreme fear grips leveraged traders. Andrew Tate loses everything on Hyperliquid: Inside his leveraged crypto liquidation meltdownArkham’s ledger shows $727k in Hyperliquid deposits, $0 withdrawals, and even $75K in referral rewards churned. Huge $100 billion crypto listing stampede started by Kraken’s stealth IPO filingThe resurgence of crypto IPOs, led by Kraken, reflects a $100 billion opportunity in financial infrastructure. 🗞️ More NewsAre You Missing Signals That Don’t Make the News?Sign up for the free Crypto Investor Blueprint: A 5-Day Course On Bagholding, Insider Front-Runs, and Missing Alpha. What is CryptoSlate?CryptoSlate is a comprehensive and contextualized source for crypto news, insights and data. Since 2017, CryptoSlate has been a go-to destination for the fast-moving and nascent digital assets space. Our coverage focuses on Bitcoin, Ethereum, macro, DeFi, AI, and web3. Our goal is to provide an all-encompassing overview of the crypto asset market and the technological trends shaping it. Our mission at CryptoSlate is to decode the complexity of digital assets and showcase their potential to transform society by providing accessible, reliable information and analysis. We're committed to differentiating our news coverage by telling original stories and providing alternative points of view. Questions, Comments?Get in touch with us here. Connect with UsTelegram • X • Google News • LinkedIn • Instagram |
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