This signal shows Bitcoin is heading towards $60,000 tied to a $14 billion liquidation setup

CryptoSlate4h agoUpdated 2h ago
This signal shows Bitcoin is heading towards $60,000 tied to a $14 billion liquidation setup
Smart Read

Bitcoin is trading below below $78,000 as weakening demand from US spot exchange-traded funds (ETFs) collides with a buildup of leveraged positions that could deepen selling if key support levels fail. Data from CryptoSlate showed that the largest digital asset trades near $77,400 after briefly clearing $82,000 earlier this month. The retreat came following ...

Coins in this story

Part of narrative
Regulation

Explore how Regulation is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.

Explore narrative

Related stories

Trump Media’s underwater Bitcoin treasury faces sale questions after Crypto.com transfer
CryptoSlate1h ago60-word brief

Trump Media’s underwater Bitcoin treasury faces sale questions after Crypto.com transfer

The Trump Media Bitcoin treasury entered a new pressure point after reports citing Arkham and Lookonchain-tracked wallets said 2,650 BTC moved to Crypto.com last week. Exchange deposits are commonly read as a sale signal, especially when coins tied to a corporate treasury move from visible storage toward a centralized trading venue. The transfer is a […] The...

XRPL could close its biggest DeFi gap if new AMM amendment passes
CoinDesk1h ago60-word brief

XRPL could close its biggest DeFi gap if new AMM amendment passes

XRPL's proposed "AMM Swappable Curves" amendment would add concentrated liquidity and StableSwap options to its automated market maker, addressing a critical DeFi gap. The upgrade enables capital-efficient trading for volatile pairs and stablecoins while preserving existing pools. With $3 billion in tokenized real-world assets on XRPL, this enhancement could unlock institutional yield and trading activity, though amendment passage isn't guaranteed and could take months.

Grvt adds 3 tokenized yield funds tied to institutional-grade RWAs
CoinTelegraph1h ago60-word brief

Grvt adds 3 tokenized yield funds tied to institutional-grade RWAs

Grvt will work with Plume to launch tokenized fixed-income and structured credit products tied to institutional-grade real world assets and onchain yield strategies....

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