Market updates
Bitcoin's Nosedive to Under $100K Shaves $700M Crypto Longs, XRP Drops 5%
Boshlovchi
2024-12-19 | 5m
Bitget kriptovalyutalar, aksiyalar va oltin savdosi uchun keng qamrovli yechimlarni taklif etadi. Savdo qiling!
Yangi foydalanuvchilar uchun 6200 USDT qiymatidagi xush kelibsiz to'plami! Hozir ro'yxatdan o'ting!
BTC fell under $100,000 in late U.S. hours before slightly recovering during early Asian hours Thursday, as the Federal Reserve hinted at a few rate cuts in 2025. Fed chair Jerome Powell then said at a post-FOMC press conference that the central bank wasn’t allowed to own bitcoin under current regulations — in response to a question about President-elect Donald Trump’s strategic reserve promises.
"That's the kind of thing that Congress should consider, but we are not looking for a law change," Powell said. In a July campaign, Trump said the government would keep 100% of all the bitcoin it currently holds or acquires in the future under his administration — referring to the stockpile of seized BTC held by the country.
BTC fell 3% after Powell’s comments, causing a dive across majors. XRP, dogecoin (DOGE) and Solana’s SOL fell as much as 5.5%, with BNB Chain’s BNB and ether (ETH) down 2.5%. Chainlink’s LINK fared the worst with a 10% drop — erasing some gains from earlier in the week as Trump-backed World Liberty Financial purchased $2 million worth of the tokens. The market slide led to over $700 million in bullish bets liquidated, with futures tracking smaller altcoins and meme tokens recording higher losses than BTC or ETH futures in an unusual move, data shows.
Source: Coinglass
Some traders say Powell’s comment may mark a local top, dampening expectations of a continued rally toward the end of the month.
Source:
CoinDesk
Futures Market Updates
FED's hawkish tone sent Bitcoin below $100K, thus erasing long positions.
Bitcoin Futures Updates
Total BTC Open Interest: $67.73B (-1.19%)
BTC Volume (24H): $151.22B (+41.86%)
BTC Liquidations (24H): $112.65M (Long)/$33.90M (Short)
Long/Short Ratio: 48.55%/51.45%
Funding Rate: 0.0076%
Ether Futures Updates
Total ETH Open Interest: $27.13B (-3.97%)
ETH Volume (24H): $74.62B (+33.37%)
ETH Liquidations (24H): $111.96M (Long)/$15.59M (Short)
Long/Short Ratio: 47.85%/52.15%
Funding Rate: 0.0094%
Top 3 OI Surges
USUAL: $92.20M (+758,574,971.63%)
APU: $35.60K (+936.22%)
UXLINK: $166.51M (+70.13%)
Tushungan bo'lsangiz — savdo qilish vaqti keldi!
Bitget kriptovalyutalar, aksiyalar va oltin savdosi uchun keng qamrovli yechimlarni taklif etadi.
Savdo qiling!Bo'lishish
Tarkib
- Futures Market Updates
PI-ni qanday sotish kerakBitget PI ro'yxatini kiritiadi – Bitgetda PI-ni tezda sotib oling yoki soting!
Hoziroq savdo qilingTavsiya etilgan
Biz barcha sevimli tangalaringizni taklif qilamiz!
BTC, ETH, SOL, DOGE, SHIB, PEPE kabi mashhur kriptovalyutalarni sotib oling, saqlang va soting, ro'yxat davom etadi. Ro'yxatdan o'ting va 6200 USDT yangi foydalanuvchi sovg'a to'plamini olish uchun savdo qiling!
Hoziroq savdo qilingYangi foydalanuvchilarni 6200 USDT'gacha sovg'alar va LALIGA merchlari kutmoqda!
Olish