📊 Market News | Bitcoin Volatility, Huge Liquidations, Quantum Concept Stocks Surge Against the Trend
In the past 24 hours, market risk sentiment has increased, with $BTC experiencing short-term fluctuations and declines at high levels, leading to liquidations totaling $301 million, with major long positions being wiped out. In the altcoin sector, $MGT surged over 100%, showing strong performance; however, the Believe platform coin $LAUNCHCOIN became the leading decline target. Additionally, the on-chain trading concept $COSTCO showed strong performance. In U.S. stocks, the S&P 500 ended a three-day rise, while quantum computing concept stocks surged, with Oracle briefly rising 8% after hours. U.S. Treasuries strengthened, and crude oil prices also briefly exceeded the day's high. Short-term, it is recommended that investors pay attention to hedging strategies and capital flow trends.
