Bitcoin Crypto News: BTC Dumps $1.18B as Liquidations Hit $731M – But Altcoins Like SYRUP and Graphite Soar

Bitcoin faced a strong sales pressure after the news that Galaxy Digital sold 10,000 BTC for a value of $ 1.18 billion. Then they added more pressure by sending another 2,850 BTC ($ 330 million) for exchanges a few minutes before the market began to slide.

In the last 24 hours, over 731 million dollars in cryptographic positions have been liquidated, according to the lineage. Almost 214,000 traders have been captured on the move, many of which bet on further price increases.

Ethereum dropped by 1.3% to $ 3,598 and saw $ 104 million in long positions swept away. Dogecoin has undergone an even larger blow, going down by 7% to $ 0.22 and losing $ 26 million for a long time.

Despite the fall, the cryptographic sentiment remains bullish. Bitcoin recently reached a historical maximum of $ 123,100 on July 14th. The Crypto Fear & Greed index is still showing “greed” with a score of 66.

Bitcoin BTC Price Analysis - BTC News

(Btcusdt)

Bitcoin is retiring after refusing close to $ 122,000 and now keeps just above the support level of $ 115,600. If this level stops, the next key support is about $ 108,300. The general trend remains bullish above that area, but the short -term momentum is weakened. A rebound of the current levels could repeat the $ 119k – $ 120k test, while a deeper correction could aim at $ 108k if the sale accelerates.

But for now, traders are cautious. If BTC returns to $ 119,500, around $ 3 billion in short positions could be at risk.

Explore: the hottest of 12+ presales to buy right now

Latest news from Bitcooin – BTC prices decrease but these Altcoin are showing strength

While the large hats immersed themselves following the news of huge Sell-off, some altcoins have increased. Maple Finance syrup increased by 24.5% after being listed on Upbit, one of the best exchanges of South Korea, and has now increased by 33% in the day.

In the meantime, graphite (GP) has increased by over 40% in the last 24 hours and almost 4500% in a month, showing that not all cryptographic resources are following Bitcoin’s advantage. The graphite protocol is a platform focused on the creator who starts on Solana, with the aim of simplifying the launches of the project on multiple blockchains such as Eth and Polygon. It offers less codes, extraction and usefulness infrastructures on chain such as casino games.

In general, the rest of the Altcoin is recovering from Dump during the night with Bonk already increasing 8% and recovery of 3%.

9 hours ago

Cronos Crypto Price Surge while BTC hovers near Ath: Echoes of 2021 Bullrun?

Fatima

From Fatima

Cronos Crypto is looking at his momentum, with the price that has reached over 60% more than this month. After the dive on the crypto -Orso period, the Cronos market capitalization returns to $ 4.2 billion today. CRO pumps could be an echo for its strong performance at the end of 2021.

The proximity of Bitcoin to a new historical maximum, just 5% away, is lifting the Altcoin market, and CRO is one of the benefactors, in particular with a 15% pump on inclusion in the cryptocurrency reserve by Donald Trump and an increase of 8%, adding a 44% gain for a year to the date.

If Trump don’t pump him higher than today, then what will he do so?

The question is: will Cronos return to his heights as Bullrun Crypto of 2021?

Read the full article here

11 hours ago

Does the presale token6900 earn traction with over $ 1.1 million collected – could follow useless for the big championships?

Fatima

From Fatima

The hype around the meme coins that arrives in large exchanges is growing. Just recently, Okx has listed future perpetual for useless/USDT, reporting the increase in the demand for cryptocurrency activities.

Meme coins hunters always chase the next breakout such as useless or SPX6900 and token6900 (T6900) can be that. This absurd meme coin powered by Gen-Z is deeply in presale, with over 1.1 million dollars collected towards a hard 5 million dollar limit.

Built exclusively on vibrations, Token6900 embraces an approach without utility and non-derodmap that resonates with the generation of Tiktok. The community is growing rapidly, reflecting the first following cult behind SPX6900, which continued to overcome $ 1 billion in market capitalization.

T6900 also offers pickets with an APY of 63%, giving holders a way to grow tokens while waiting for the exhausted presale. Token can be purchased easily through the best portfolio or credit card.

Could token6900 be the next in line for an important list? With the construction of momentum, a faithful form of community and memes that guide the commitment, is a strong contender.

Visit T6900 here

12 hours ago

Blackrock’s ETF Ethereum affects $ 10 billion in just one year

Fatima

From Fatima

Blackrock’s Ishares Ethereum Trust (ETHA) has exceeded $ 10 billion under management (AUM), just over a year after launch. Now it is the faster non -Bitcoin ETF to reach this goal and the fastest third in the history of the US ETFs, behind only Blackrock and FBTC’s Bitcoin Trust Bitcoin Trust.

According to Eric Balchunas of Bloomberg, Etha doubled from $ 5 to $ 10 billion in just 10 days, showing a strong question. It is placed among the top five Etfs for the influence in last week and month.

Etf Ethereum gained impetus in July, with $ 4.7 billion of monthly inflows. Only on 17 July, the ETF ETHs brought $ 602 million, exceeding Bitcoin Etfs at $ 523 million. Yesterday’s daily flow data show Fidelity Etf Etf Etf with $ 210.1 million that day.

Eth Etf Influx

(Source)

While the Bitcoin funds guides in total affluent, Etf Ethereum are growing faster due to the exposure to Defi, the top potential and the test model of Ethereum, signaling the increase in institutional trust in the long -term value of the hat.

13 hours ago

Great bet on the bust of Bitcoin Crypto: trader disappear at $ 110k BTC/USD

Akiyama Felix

From Akiyama Felix

Bitcoin Crypto passed $ 116,000 Friday and the market followed him directly in the earth’s crust. We are in the boys of the Underworld and sometimes “girls”.

More than $ 731 million have vanished in liquidations, with long positions that represent most of the bloodbath. Coinglass data show $ 585 million washed in hours.

“This landfill is a pure lever.” – @ashcrypto, x

BTC itself represented $ 140.06 million of these liquidations, decreasing by 2.63% to exchange about $ 115,356. Ethereum followed closely, losing 1.33% to exchange near $ 3,598, with $ 104.76 million in long bets liquidated.

Among the best Altcoin, Dogecoin, six, Sul and XRP were hit more hard, going from 7% to 20%. All in all, 213,729 merchants have been liquidated in the last 24 hours. In the meantime, a new presale of cryptocurrency stands for rockets when the market turns around. Here’s where this accident is later headed:

14 hours ago

Bonkfun, Bonk’s Launchpad, affects new maxima with always in the market share

Fatima

From Fatima

Bonkfun reached a record share of 82.8% of the Launchpad market, the highest since the launch of three months ago. In the last 19 days, since it has become the main launch, it has generated 26.73 million dollars of commissions, with an average of $ 1.41 million per day.
A total of 58% of the Bonkfun commissions goes directly to the purchase of Bonk:
  • 50% is used to buy and burn Bonk
  • 4% go to the bonk strategic reserves
  • 4% finance the Bonkrewards program
Yesterday Bonkfun collected $ 1.98 million commissions, once again exceeding Solana, Ethereum and Fantom in daily revenues.
Bonkfun by Bonk
(DUNE)
Many see Bonk as the next great Hype trade, with some who compare him with the first days of clamor. Supporters believe that Bonk is now coming to a market capitalization of $ 10 billion.

The Post Bitcoin Crypto News: BTC downloads $ 1.18 billion while the liquidations reached $ 731 million – but Altcoin such as syrup and graphite soar appeared first out of 99bitcoin.

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