Crypto consolidates as volatility cools and futures markets tilt bearish
Bitcoin holds a tight range as altcoins rally on low liquidity, but derivatives data and options skew suggest traders are bracing for downside.
Crypto Markets Today
Bitcoin drops to two-week low as $300 million in longs are liquidated
Bitcoin fell below $67,000 and ether dropped toward $2,000 as equities weakened, oil topped $100 and leveraged longs unwound, signaling fragile sentiment.
Crypto Markets Today: Bitcoin Languishes at $111K as Altcoins Continue to Outperform
Almost $250 million worth of derivatives positions were liquidated in the past 24 hours despite a relative lack of volatility.