Ethereum fell below $2,500 amid rising Treasury yields, economic headwinds, and $345 million in futures liquidations. Spot Ethereum ETFs also recorded eight consecutive sessions of net outflows.
XRP has slipped below the critical $1.40 threshold amid broader market pressures and rising exchange reserves, raising concerns that a continued sell-off could test support levels near $1.28.
Bitcoin dropped below $82,000 amid a wider cryptocurrency market downturn that sparked nearly $1 billion in forced liquidations, driven by geopolitical tensions, climbing oil prices, and government wallet transfers.
Bitcoin surged toward $87,000 as a massive short squeeze liquidated hundreds of millions in bearish positions and triggered automated buy orders. However, rising leverage and fading forced purchases mean organic spot demand must now sustain the rally.
Ethereum fell below $2,500 amid rising Treasury yields, economic headwinds, and $345 million in futures liquidations. Spot Ethereum ETFs also recorded eight consecutive sessions of net outflows.
XRP has slipped below the critical $1.40 threshold amid broader market pressures and rising exchange reserves, raising concerns that a continued sell-off could test support levels near $1.28.
Bitcoin dropped below $82,000 amid a wider cryptocurrency market downturn that sparked nearly $1 billion in forced liquidations, driven by geopolitical tensions, climbing oil prices, and government wallet transfers.
NextBlock has led a $3 million seed round in Soda Labs to support the expansion of the firm's programmable privacy infrastructure and chain-agnostic coprocessor, Soda Bubble, for public blockchain financial activities.
Bitcoin faces downward pressure and risks dropping below $82,000 as US spot Bitcoin ETFs record $487 million in daily withdrawals, the highest single-session total since June, amid macroeconomic challenges.
