Bitcoin
Bitcoin (BTC) Plunge Below $77K Sparks $657M Crypto Liquidation Wave Amid Iran Tensions
The cryptocurrency sector faced severe turbulence in the last 24 hours, with liquidations exceeding $657 million across global exchanges. Traders holding long positions were hit hardest by the downturn.
Why is Bitcoin Price Down Today? BTC Price Slides to $77K
Bitcoin dropped close to $77,000 after briefly recovering toward the $81,000–$82,000 range, as investors reacted to growing pressure across global financial markets. BTC Price dropped as concerns rose over higher inflation, surging bond yields, uncertainty around U.S. interest rate cuts, and renewed geopolitical tensions in the Middle East.
Bitcoin Flash Crash: Price Slides Below $77K, Triggering $657 Million in Crypto Liquidations
Bitcoin fell below $77,000 on Monday, extending a four-day losing streak, triggering $657 million in total liquidations across crypto markets in 24 hours, with long positions bearing the brunt of the pain.
Bitcoin Market Faces Pressure As Traders Rush To Exit Positions
Bitcoin fell below 77,000 dollars, triggering a massive wave of liquidations in the crypto market. In one hour, nearly 600 million dollars worth of positions were wiped out, while US spot ETFs recorded significant capital outflows.
Iran eyes Bitcoin linked insurance model for Strait of Hormuz shipping: report
Iran has reportedly explored an insurance-based system for ships crossing the Strait of Hormuz, while unverified claims about Bitcoin-linked payments have added fresh uncertainty around how the wartime transit regime could operate.
Bitcoin, Ethereum Attract Whale Flows as Altcoins Flash Extreme Oversold Signals
Heavyweight crypto investors have recently concentrated buying in major assets such as Bitcoin (BTC) and Ethereum (ETH), a pattern that underscores a defensive tilt amid heightened volatility. At the same time, a cluster of smaller altcoins is flashing ‘extreme oversold' signals, with the Relative Strength Index (RSI) falling into the single digits to low teens—levels that typically indicate capitulation-like momentum.
Bitcoin Depot Files for Chapter 11 Bankruptcy, Plans Gradual Shutdown
Bitcoin Depot, one of the largest Bitcoin ATM operators in the United States, has filed for Chapter 11 bankruptcy protection and announced plans for a gradual shutdown of its operations. The filing marks a significant development for the retail crypto access sector, raising questions about the future of physical Bitcoin infrastructure.
Bitcoin (BTC) Plunges Under $77K Amid Soaring Oil Prices and Treasury Yield Surge
Bitcoin (BTC) crashed through the $77,000 barrier during Monday's Asian trading session, marking its weakest performance since early May. The decline was fueled by a perfect storm of escalating crude oil prices and climbing Treasury yields, which pushed market participants toward safer investment vehicles.
Bitcoin (BTC) Tests Support at $76,700: Analyzing the Latest Market Downturn
The price action triggered significant market deleveraging. Approximately $661 million in cryptocurrency positions faced forced liquidation during a 24-hour stretch.
Iran Launches Bitcoin Payment Platform For Strait Of Hormuz Insurance
Iran has launched a new maritime insurance platform for cargo moving through the Strait of Hormuz, with payments settled in Bitcoin, according to a report from Iran's semi-official Fars News Agency.
Bitcoin Price Extends Decline, Downside Pressure Builds Aggressively
Bitcoin price started a fresh decline below the $78,500 zone. BTC is consolidating and might struggle to stay above the $76,500 support.
Bitcoin, Ethereum See $65M Outflows as Capital Shifts to USDT
Large outflows continued to hit Bitcoin (BTC) and Ethereum (ETH) over the past several hours, while capital rotated heavily into stablecoins—especially Tether (USDT)—and selectively into a handful of altcoins such as XRP (XRP) and Zcash (ZEC), underscoring a defensive, risk-managed posture across the crypto market. Data compiled by Cryptometer as of May 18 at 02:55 a.m.
