Daily Crypto News & Musings

Latest News and Articles about Crypto Liquidations

Bitcoin Plummets to $93K: Fed Rate Cut Doubts Spark Crypto Bloodbath

Bitcoin Crashes to $93K: Did the Fed Just Derail the Bull Run? Bitcoin took a savage beating during Monday’s Asia market open, plummeting to $93,000 in its nastiest drop since March, as fading hopes for a December US Federal Reserve rate cut sent panic through crypto and traditional markets alike. With over $617 million in […]

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Crypto Markets Lose $1B in Liquidations as US Rejects Bitcoin Reserve Purchases

Crypto Markets Bleed $1B in Liquidations as US Rejects Bitcoin Reserve Purchases A staggering $1 billion in crypto derivatives liquidations hit traders like a freight train this week, just as US Treasury Secretary Scott Bessent dropped a bombshell: the government won’t be buying Bitcoin for its Strategic Bitcoin Reserve. This brutal combo of market chaos […]

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