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$600M Bullish Bets Liquidated as Bitcoin Drops to $115K, DOGE, SOL, XRP Fall 6% $SOL $XRP $DOGE Bitcoin (BTC) dropped to $115,200, erasing some of its recent gains but still maintaining a relatively stable posture compared to other majors. Its dominance rose slightly as altcoins bore the brunt of the correction. What to know: Crypto markets saw over $630 million in leveraged positions liquidated, with longs accounting for the majority of the losses. Bitcoin's price dropped to $115,204, maintaining stability compared to altcoins, which experienced significant corrections. Speculative altcoins like Fartcoin and Pump.fun faced steep corrections, driven by profit-taking and waning momentum. Crypto markets experienced a sharp bout of volatility over the past 24 hours, with more than $630 million in leveraged positions liquidated across exchanges. The bulk of the damage came from longs, which accounted for over $580 million of total liquidations, as traders were caught offside during an abrupt intraday sell-off. Ether (ETH) fell to $3,687, while XRP XRP$3.0136 retraced under $3 despite strong recent headlines. Solana SOL$165.04 pulled back to $170, and BNB (BNB) eased to $780 after a record run last week that punted it above $855. Coinglass data shows the largest single liquidation was a $13.7 million ETH long on Binance. Liquidations occur when traders using leverage (borrowed funds) are forcibly closed out of their positions because their collateral falls below required maintenance thresholds. This typically amplifies price volatility, especially in short timeframes, as liquidated positions create sudden selling or buying pressure depending on the side of the trade. Lee added that Bitcoin’s relative strength, supported by ETF inflows and macroeconomic stability, reinforces the view that the pullback is isolated, not broad-based. Bitcoin holding above $115,000 remains the market’s anchor. Unless that level breaks, the broader structure stays intact. #Write2Earn!
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#Shibainuholder $SHIB $ADA Shiba Inu Price Could Reach $0.000308 to $0.00409: Here Are Possible Timelines Based on multiple predictions, Shiba Inu could soar tremendously to ambitious price targets of $0.000308 or $0.00409. Shiba Inu Dips to 19th Position in Global Crypto Ranking The canine-themed token has dropped to the 19th position in the global crypto ranking. Shiba Inu briefly became the 18th largest cryptocurrency following the market relief rally during “Crypto Week,” July 14 – 18. Thanks to a daily surge of 16.05%, Litecoin’s market cap skyrocketed to $9.03 billion, making it the 18th-biggest cryptocurrency globally. On the other hand, Shiba Inu’s price has dropped 0.73% in the past day, with its market cap standing at $8.94 billion. SHIB to $0.000308 or $0.00409 Predictions Despite its fall in the rankings, investors’ optimism remains undiminished. Interestingly, some are even envisioning a major rally that could remove two leading zeros off SHIB’s price. Given this, we explored Shiba Inu’s potential rise to $0.000308 or $0.00409, detailing the timeline by which SHIB might clinch these milestones. Hitting the $0.000308 or $0.00409 would require Shiba Inu to shave off one or two leading zeros from its current price. From the current price of $0.00001517, Shiba Inu must rise 1,930% to hit the $0.000308 target and 26,861% to attain $0.00409. If Shiba Inu clinches $0.000308, its market cap would soar to $181.41 billion, assuming SHIB’s supply remains stable at 589 trillion tokens. In the same vein, the estimated price of $0.00409 translates to a valuation of $2.4 trillion. Potential Timeline: SHIB Could Range $0.000308 to $0.00409 Despite the massive gains Shiba Inu would require to reach $0.000308 or $0.00409, some experts still believe the price targets are attainable. DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion.
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$BTC $XRP $BNB Why is Bitcoin dropping today? Four clear drivers of the $115k tumble After weeks of climbing, Bitcoin is pulling back. The crypto giant has dropped a few points on the day, dragging the crypto market down with it. Summary Bitcoin is back in $115,000 range. Capital is rotating into ETH and altcoins, dampening BTC momentum. Analysts say this may just be a cooldown, not the end of the uptrend. Bitcoin btc-2.51%Bitcoin is currently trading around $115,630, down roughly 2.6% today. This is one of the biggest 24‑hour drops since hitting its all‑time high of about $123,100 earlier this month. The price slide brings its losses over the past seven days to approximately 3.9%, extending the downward slide that commenced earlier in the week. Post-rally exhaustion and profit-taking Bitcoin ran hot for weeks, notching fresh all-time highs almost daily just over a week ago. But that momentum has cooled. Investors are locking in gains, whales are rotating funds, and large holders are rebalancing their positions, all contributing to the ongoing drop in price. This shift opened the floodgates for liquidations. In the last 24 hours alone, nearly $586 million in long positions were wiped out across the board, according to CoinGlass. Bitcoin led the flush with around $150 million as it dropped toward $115K. When leverage unwinds like this, losses compound fast. Forced selling often drags prices lower, rattles confidence, and turns a normal pullback into something sharper. Outflows from Bitcoin ETFs Despite closing their latest session in the green, Bitcoin ETFs have had a rough week overall. Over just three days, outflows hit $285 million across multiple issuers, snapping the 12-day inflow streak that had fueled momentum earlier this month. Institutional investors also appear to be cashing out after BTC’s recent highs, and the lack of new inflows is hurting short-term price momentum. #BitcoinETFs #write2earnonbinancesquare #write2earn🌐💹
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#solanAnalysis $SOL $BNB Can Solana reclaim $200, retake its spot above BNB? Solana only briefly surpassed BNB in market cap, but its DeFi metrics suggest that the race is not yet over. Solana’s (SOL) recent rise to the fifth spot of all crypto assets, ahead of BNB (BNB), only lasted for a few hours. However, its fundamentals, including robust DeFi metrics, suggest that the race is not over and a potential for a major shift at the top of the crypto food chain. After reaching $200 per coin and $107 billion in market capitalization on June 23, Solana once again took BNB’s place as the fifth-largest cryptocurrency. This was accompanied by a surge in DeFi total value locked on the Solana network, which broke $10 billion. Still, SOL’s price quickly corrected and fell below $190, pushing its market cap below BNB’s. Interestingly, Solana’s DeFi TVL remained robust. On June 24, despite a drop in SOL’s value, its DeFi ecosystem remained above $10 billion in overall value. This is significant, as it shows that SOL’s ecosystem is not entirely dependent on the price of one of its key assets. Can Solana surpass BNB? Compared to Solana, BNB’s DeFi ecosystem is smaller, with a market capitalization of $6.832 billion. What is more, BNB takes only one-third of Solana’s revenue, with network fees at $459 million compared to Solana’s $1.55 million. Still, despite lower DeFi metrics, BNB receives support from Binance, whose fees are used for token burns, directly contributing to its scarcity. Binance’s revenues correlate directly with the overall crypto market, including Solana. At the same time, Binance’s market share remains stable compared to both centralized and decentralized competitors. For this reason, BNB is a uniquely elusive competitor to SOL. For Solana to outperform BNB, Binance would need to lose a significant market share to DeFi platforms. $XRP #SolanaUSTD #Write2Earn
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#XRPRealityCheck #XRPPredictions $XRP $AI XRP News Prediction: XRP Breaks through the Historical High of $3.60, with a Short-term Target of $4 Driven by the increasingly favorable regulatory environment in the United States and the continuous inflow of institutional funds, XRP has experienced a strong rebound, breaking through the historical high of $3.60 this week and becoming the new focus of the crypto market. The market generally expects XRP to hit the $4.00 mark in the short term, and may test the $4.50-4.70 range in the medium term. In the face of this round of crypto bull market, Findmining, the world’s leading cloud mining platform, announced that it will focus on optimizing its XRP cloud mining contract service to help investors quickly, safely and with low barriers to participate in the XRP market and share dividends. $ETH #write2earn🌐💹 #write2earnonbinancesquare
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