Bitcoin is showing signs of life ahead an expected interest rate hold by the Federal Reserve on Wednesday.
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $88,945 |
| Ethereum | (CRYPTO: ETH) | $3,007 |
| Solana | (CRYPTO: SOL) | $126.60 |
| XRP | (CRYPTO: XRP) | $1.92 |
| Dogecoin | (CRYPTO: DOGE) | $0.1240 |
| Shiba Inu | (CRYPTO: SHIB) | $0.057755 |
Notable Statistics:
- Coinglass data shows 86,279 traders were liquidated in the past 24 hours for $190.74 million.
- In the past 24 hours, top gainers include Hyperliquid, Pump. fun and Zcash.
Notable Developments:
- Everyone’s Talking Gold Or Bitcoin, But This Regulatory Catalyst Is The Real Game-Changer
- Tether Launches USA₮ Stablecoin, But Banks May Not Like That, Analysts Warn
- The Real Reason Why Bitcoin’s Never-Ending Range Just Doesn’t Break
- Silver Volume Surpasses Solana, XRP On Hyperliquid: The ‘Largest Crypto Development Since 2020’
Trader Notes: Trader Crypto Seth explained that crypto saw another sharp flush even as U.S. equities stayed strong. The S&P 500 and Nasdaq were green, highlighting a clear divergence from crypto markets.
Around 87,700 traders were liquidated, totalling roughly $200 million in forced liquidations, with Bitcoin sliding back to around $87,700.
Crypto trader KillaXBT sees Bitcoin has broken back below $90,000 after repeatedly failing to hold above it.
Since there was no sustained acceptance over this level, the breakdown reinforces a bearish market structure. As long as BTC stays under $90,000, downside risk remains dominant.
Image: Shutterstock
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