Crypto liquidations near $2 billion as bitcoin rout deepens
Analysts warn structural support is weakening as ETF outflows accelerate, pushing bitcoin to $82,000 and the total crypto market cap below $2.9 trillion.
Analysts warn structural support is weakening as ETF outflows accelerate, pushing bitcoin to $82,000 and the total crypto market cap below $2.9 trillion.
JPMorgan analysts said fourth-quarter trends look strong, setting grounds for a 'much more constructive' trading environment for Bullish.
The Department of Homeland Security-led "Operation Red Sunset" examined whether Bitmain's machines could enable espionage or grid sabotage.
The launch lands amid steep drawdowns in bitcoin and ether, adding risk around timing for highly leveraged ETPs.
Spot bitcoin exchange-traded funds in the U.S. posted their second-largest daily outflow since their inception.
Crypto-related stocks are extending their slide, mirroring the sustained pullback in the broader digital asset market.
Retail investors have sold about $4 billion of spot BTC and ETH ETFs in November β the main driver of the latest crypto market correction.
Bitcoin fell below $86,000 after the delayed US jobs data pointed to persistent inflation, chipping away hopes for a December rate cut.
DATs have taken a significant hit in the latest market selloff, with both the value of their crypto holdings and stock prices collapsing.
Investors participating in the round include Sequoia, CapitalG, a16z, Paradigm, Anthos Capital, and Neo, according to TechCrunch.