Crypto Market Sees $447 Million in Liquidations Over 24 Hours
According to ChainCatcher, Coinglass data reveals that the crypto market experienced liquidations totaling $447 million in the past 24 hours. Long positions accounted for $286 million, while short positions saw $161 million in liquidations. Bitcoin long positions were liquidated for $111 million, and short positions for $32.1 million. Ethereum long positions faced liquidations of $50.57 million, with short positions at $46.6 million. In the same period, 129,935 traders were liquidated globally, with the largest single liquidation occurring on Hyperliquid's BTC-USD pair, valued at $11.28 million. #BTC #ETH
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The crypto market is currently in a neutral sentiment phase, stabilizing from the "extreme fear" experienced in late 2025, but with underlying technical indicators pointing towards a potential bullish reversal as 2026 begins. The current market behavior is strongly influenced by institutional capital flows and macroeconomic factors. The price of Bitcoin today is approximately $92,623.19, with Ethereum around $3,233.54. The market sentiment, as measured by the Crypto Fear and Greed Index, is at 44 (Fear) or "Neutral", suggesting a cautious attitude among investors after a period of high volatility in 2025. Key Insights Bullish Indicators: The market has started 2026 with strong gains in major cryptocurrencies like Bitcoin, Ethereum, and Solana. Bitcoin's price held above the critical $75,000 structural support during its 2025 corrections, a positive signal for long-term holders. Moreover, moderately positive funding rates for most major cryptocurrencies indicate a bullish bias among traders. Bearish Indicators & Risks: Concerns remain regarding low liquidity, which makes the market vulnerable to sharp price movements. Broader economic trends, like potential interest rate changes, can still trigger shifts in sentiment and price. Institutional Adoption: Institutional participation, especially through spot ETFs, is a major driver of current market dynamics. This growing integration with traditional finance is seen as a sign of market maturation, though it also increases the market's sensitivity to broader macro conditions.
Future Outlook: Expert analysis for 2026 is cautiously optimistic, with some predictions of Bitcoin approaching $180,000 and Ethereum nearing $8,000 if favorable macro conditions continue. The focus is shifting towards utility-driven applications, real-world asset (RWA) tokenization, and regulatory clarity as key growth catalysts.
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Fed's "messenger" Nick Timiraos said a report from the San Francisco Fed indicates that tariffs won't drive up inflation. Tariffs increase uncertainty, dampen consumer and business demand, and create a greater downward shock to economic growth.