Crypto
Crypto Market Crashes to $63K Amid $510M Liquidations and ETF Outflows
A $510 million wave of liquidations, combined with ETF outflows and high bond yields, has sent Bitcoin plummeting towards $63,000.
The market is also being weighed down by technology-stock weakness and geopolitical tension. The forced selling triggered by the liquidations is exacerbating the decline.
In contrast to the turbulence in the crypto market, AlphaPepe's presale is attracting retail investors with its four active products, including AlphaSwap, which has over 5,000 demo users. The project has also secured partnerships with three exchanges and has raised over $2.19 million.