Over $600M in Bitcoin longs liquidated as BTC dips toward $60K

CoinTelegraph6d agoUpdated 6d ago
Over $600M in Bitcoin longs liquidated as BTC dips toward $60K
Smart Read

Many traders expect Bitcoin to stage a short-term relief bounce toward $70,000, but the broader technical setup remains bearish for BTC....

Coins in this story

BTC
₹63,727.98
-3.50%
ETH
₹1,773.15
-3.14%
XRP
₹1.17
-4.62%

Related stories

Fannie Mae-Backed Bitcoin Home Mortgages Are Finally Here, Coinbase Says
Decrypt5d ago60-word brief

Fannie Mae-Backed Bitcoin Home Mortgages Are Finally Here, Coinbase Says

Coinbase said a Michigan couple closed on the first-ever conventional, Fannie Mae-backed home mortgage by pledging Bitcoin as collateral....

Saylor downplays Bitcoin slide as Strategy faces $11B paper loss
CoinTelegraph6d ago60-word brief

Saylor downplays Bitcoin slide as Strategy faces $11B paper loss

Strategy’s Bitcoin paper loss tops $11 billion as Saylor pointed to ETF outflows and AI infrastructure spending as factors pressuring BTC....

Tom Lee’s $250,000 ether target: Here’s what math says about this crazy prediction
CoinDesk6d ago60-word brief

Tom Lee’s $250,000 ether target: Here’s what math says about this crazy prediction

Bitmine's chairman told a Paris conference ether would 50x from here on AI and corporate validators. Here's how supply schedule, the ETH-to-bitcoin ratio history and the actual breakdown of staked ether look at those levels....

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.