Bitcoin slipped under the $100,000 milestone and touched the $96,000 level briefly on Friday, a sharp decline that has also hit hard prices of other altcoins and particularly meme coins. The almost 10% by the largest cryptocurrency from its all-time high is driven by the US Federal Reserve’s (Fed) more hawkish outlook for 2025 and potential liquidity moves expected from the US Treasury in 2025.
The market-wide crash seen since Wednesday has erased millions in market capitalization, liquidating over $200 million in derivatives positions across exchanges. As the market sentiment shifts, large wallet investors accumulated some tokens and took profit on others, signaling what retail investors should expect from crypto in the coming weeks. Bitcoin corrected from its all-time high of $108,353 on Tuesday to a low of $96,000 on Friday. The largest cryptocurrency’s decline has liquidated $216 million in derivatives positions in the last 24 hours across exchanges, according to data from Coinglass. Bitcoin’s 12-hour price chart shows that the $93,885 to $94,640 is a key support zone for BTC as it aligns with a Fair Value Gap (FVG). Looking up, the main barrier stands at the $100,000 psychologically important level. At the time of writing, Bitcoin consolidates close to $98,00
España Últimas Noticias, España Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fuente: NBCDFW - 🏆 288. / 63 Leer más »