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Market Updates

by Jamie Redman

1 hour ago



THE LATEST

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   SwellsNEWS | 6 hours ago


BITCOIN NOSEDIVES TO $92K AS $551M VANISHES IN LIQUIDATIONS

Bitcoin took a tumble today, hitting an intraday low of $92,584 per coin—a
noticeable drop from its earlier perch at $98,000.





BITCOIN SLIPS 4.6% TO $92.5K AS $118M IN LONG POSITIONS GETS WIPED OUT

By 7:36 p.m. EDT, bitcoin (BTC) was down 4.6% against the U.S. dollar. Over the
past hour, its price ranged from $93,350 to $94,150. Meanwhile, global trade
activity for BTC has spiked, reaching an eye-popping $105 billion in just 24
hours. The broader crypto economy, now valued at $3.21 trillion, recorded a
hefty $316.512 billion in trading volume during the same session.



Top trading pairs for BTC on Monday were tether (USDT), the U.S. dollar (USD),
First Digital’s FDUSD, Circle’s USDC, the South Korean won (KRW), and the euro
(EUR). Elsewhere, dogecoin (DOGE), solana (SOL), and stellar (XLM) took the
spotlight for commanding trading volumes, alongside other standouts like SAND,
ADA, and PEPE. Binance led trading platforms by volume, followed by Bybit,
Coinbase, Okx, and Upbit.



The market’s overall dip triggered $551.28 million in liquidations across the
crypto sphere. A staggering 169,726 traders saw their positions wiped out, with
$118 million in BTC longs and $54 million in ether (ETH) longs among the
casualties. Even dogecoin wasn’t spared, as more than $25 million in long
positions were liquidated. The day’s single largest liquidation involved a $4.67
million BTC/USDT swap on Binance.

This wild increase in trading activity and the cascade of liquidations highlight
the complex ties between key assets and players in the crypto world—particularly
within leveraged derivatives. Monday’s action served as a stark reminder of the
intense price swings that define crypto trading. As market participants
recalibrate their strategies, the digital asset space continues to challenge and
intrigue those navigating its ever-shifting tides.

TAGS IN THIS STORY

Bitcoin, BTC Price






TRADING VOLUMES ON KOREAN EXCHANGES SURGE WITH DOGE AND XRP DOMINATING

Market Updates | 5 hours ago

CAN BTC HIT SIX DIGITS? EXPLORING BITCOIN’S $100K PREDICTIONS WITH KALSHI AND
POLYMARKET INSIGHTS

Market Updates | 7 hours ago

Image Credits: Shutterstock, Pixabay, Wiki Commons





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IN CASE YOU MISSED IT

Michael Saylor Pushes Strategic Bitcoin Reserve Citing America's Historic
Acquisitions

Michael Saylor advocates for a strategic bitcoin reserve, highlighting its
potential transformative impact through historic U.S. investments, such as
Manhattan and California acquisitions. Strategic Bitcoin Reserve: Michael
Saylor’s Vision for America’s Digital Future Michael Saylor, executive chairman
of software intelligence… read more.


BITCOIN NOSEDIVES TO $92K AS $551M VANISHES IN LIQUIDATIONS


RIPPLE UNVEILS FIRST TOKENIZED MONEY MARKET FUND ON XRP LEDGER


MEXC RAISES THE BAR: SUPERCAR GIVEAWAY BOOSTED TO 12,000,000 USDT


LARGEST DIGITAL BANK IN HONG KONG TO OFFER BITCOIN TRADING TO RETAIL USERS


COINSHARES: RECORD INFLOWS SHOWCASE GROWING INTEREST IN DIGITAL ASSET INVESTMENT
VEHICLES


TRADING VOLUMES ON KOREAN EXCHANGES SURGE WITH DOGE AND XRP DOMINATING


KERNEL SECURES BINANCE LABS FUNDING TO REDEFINE RESTAKING ON BNB CHAIN


PUMP.FUN HALTS LIVE STREAMING AMID CONTENT CONTROVERSY


TRUMP FAMILY CRYPTO PROJECT WORLD LIBERTY FINANCIAL GETS A $30M BOOST FROM
JUSTIN SUN’S TRON



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PRESS RELEASES

MEXC RAISES THE BAR: SUPERCAR GIVEAWAY BOOSTED TO 12,000,000 USDT

Press release | 3 hours ago

KERNEL SECURES BINANCE LABS FUNDING TO REDEFINE RESTAKING ON BNB CHAIN

Press release | 5 hours ago

BLOBANA UNVEILS TRANSFORMATIONAL UPGRADES, USHERING IN A NEW ERA OF
BLOCKCHAIN-BASED DIGITAL CONSCIOUSNESS

Press release | 6 hours ago

AI MEMES MEET CRYPTOCURRENCY: DRPEPE.AI PUSHES THE BOUNDARIES OF BLOCKCHAIN
INNOVATION

Press release | 13 hours ago

HTX DAO LAUNCHES RECRUITMENT FOR NEW GOVERNANCE COMMITTEE MEMBERS TO FOSTER
SUSTAINABLE DEVELOPMENT

Press release | 15 hours ago

MINDV HUBS LAUNCH: UNLEASHING $VFHE'S FULL POTENTIAL THROUGH FHE VOTING

Press release | 16 hours ago



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