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Bitcoin traders are still rattled after $340 billion wipeout

Bitcoin is struggling to stage a meaningful recovery after last month’s stumble, with signs of fatigue continuing to mount across crypto markets. The token briefly topped $107,000 on Monday before slipping back below $105,000, underscoring fragile sentiment after a broad selloff that erased billions in market value. The downturn was partly fueled by large holders … Read more

Galaxy Digital cuts Bitcoin year-end target to $120K amid lack of government Bitcoin purchases, leverage wipeout

Key Takeaways Galaxy Digital has reduced its year-end Bitcoin forecast from $185,000 to $120,000, citing market selloffs and changing dynamics. Institutional involvement and passive flows have signaled Bitcoin’s ‘maturity era,’ lowering volatility and moderating price cycles. Share this article Galaxy Digital’s research arm, led by analyst Alex Thorn, has adjusted its 2025 year-end Bitcoin outlook … Read more

The biggest crypto wipeout was led not by bitcoin, but much smaller tokens. Here’s what happened

The crypto industry recently had one of its worst days ever. And while bitcoin and ether holders seem to have put some of the carnage behind them, traders of many lesser-known tokens are still feeling a lot of pain. More than 1.6 million traders suffered a combined $19.37 billion erasure of leveraged positions over a … Read more

Crypto market crash leads to $1.2b wipeout, here’s why

The crypto market crash has erased nearly $1.19 billion in liquidations as the overall market cap drops dangerously low near $3.5 trillion. Here’s why major altcoins are falling. Summary The crypto market cap has plunged by 7.3% to around $3.6 trillion, triggering a crypto market crash consisting of over $1.2 billion in liquidations within 24 … Read more

Bitcoin miners in U.S. fear wipeout as 36% tariffs threaten to ‘destroy’ thriving industry

When China cracked down on the crypto industry in 2021, many Bitcoin miners set up shop in the U.S. instead. The move paid off as a mix of cheap energy and deep capital markets saw the U.S. become the world’s leader in Bitcoin production and, following the election of pro-crypto President Donald Trump, American miners’ … Read more

China tech faces worry beyond tariffs after $350 billion wipeout

Even as China’s tech stocks begin to recoup some of their recent big losses, some investors and analysts are eyeing looming concerns that may have a worse impact than Donald Trump’s tariffs. The Hang Seng Tech Index has shed more than $350 billion in market value since a March high, though it has gained more … Read more

Crypto fear & greed index falls to 44 on fears of market wipeout

The Crypto Fear & Greed Index has fallen to a 4-month low of 44 following the $2.2 billion crypto market crash earlier today. The index, which represents crypto market sentiments and emotions on a scale of 0 to 100, had not fallen below 50 since Oct.12. Triggered by U.S. president Donald Trump’s announcement of double … Read more

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