Bitcoin’s price has managed to complete erase the losses from yesterday and it appears that bulls are on the run again.
At the time of this writing, BTC is trading at around $109,500, preparing to test the pivotal technical and psychological level of $110K, sitting right below the cryptocurrency’s all-time high.
Data from Coinglass shows that the total number of liquidations across the derivatives market currently sits at almost $300 million – a 32% increase compared to the previous 24 hours.
BTC leads the way with around $50 million in liquidations, where the majority of positions were short. In total, $190 out of the $300 million in forced-closed traders were betting on the price to go down.
Naturally, the altcoins are following suite and are also recovering and most of them are now trading in the green. It’s interesting to see if this will transition into a more sustained upward movement in the next few days.
Australian airline Qantas announced a cyberattack on Monday, revealing that cybercriminals accessed a third-party platform holding customer data. This incident is part of larger breaches affecting the aviation sector, bringing attention to cybersecurity vulnerabilities in air travel organizations. Source: BleepingComputer. $BNB
US senators moved quickly towards a crucial vote on President Donald Trump’s significant domestic policy bill on Tuesday, despite concerns from Republicans about proposed deep cuts to welfare programs. The bill, which is estimated at $3 trillion, has sparked debate within the party as they near this pivotal decision. For more details, visit FB Herald. $BNB $SOL $ETH
Former President Donald Trump has generated significant attention, both positive and negative, following his remarks at the NATO Summit in the Netherlands. During this event, Trump described an individual as a 'very average mentally person' leading to widespread mockery and discussion about his comments. As political figures and the public weigh in on his statements, the implications for Trump's image and political future continue to unfold, with many questioning the seriousness of his remarks. Read more on Powib. $BNB $SOL $BTC
A man was fatally shot early Monday morning in Thonotosassa, prompting an ongoing investigation by the Hillsborough County Sheriff's Office, as reported by Patch. This incident reflects a troubling pattern of violence in the area, causing concern among residents. $BNB $XRP $SOL #BinanceHODLerSAHARA
is starting the week with a test of the $108,000 level. The primary cryptocurrency also attempted to break above this level during the weekend but failed to do so.
Meanwhile, certain altcoins are charting notable gains, while the majority of the market is trading in the green.
Bitcoin Price Testing $108K
Bitcoin is seemingly attempting to break above the $108,000 level – something that it’s been trying to do for quite a while now. Unfortunately, at least up until this moment, the cryptocurrency has been unsuccessful in doing so. Today, however, it almost reached $109,000 before the sellers took the stage.
The most recent attempt comes amid news that the Japanese comapny MetaPlanet has made yet another Bitcoin buy worth some $108,000 and amid growing expectations that Michael’s Saylor’s Strategy will announce its own strategic purchase.
At the time of this writing, BTC’s price retraced to around $107,700 and it’s interesting to see if it will finally be able to break above this relatively narrow range that it’s been trading within for the past week.
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Bitcoin is 'bad for dictators': Human Rights Foundation exec
Human Rights Foundation’s Alex Gladstein told a group of US political leaders that Bitcoin has “essentially saved” citizens living under dictatorships. A Human Rights Foundation executive told a room full of US politicians that Bitcoin continues to prove itself as a powerful tool against authoritarian control, offering an alternative to the mounting ways fiat currency can be manipulated and controlled.
“With Bitcoin, the ability of these leaders to do these things is completely decimated,” Human Rights Foundation chief strategy officer Alex Gladstein at the Bitcoin Policy Summit in Washington, D.C. on Thursday.
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Thousands of American Airlines passengers faced flight delays due to a significant computer glitch that disrupted operations nationwide. The airline's systems experienced a major outage, causing widespread inconvenience for travelers. This incident highlights ongoing concerns about technology reliability in the aviation industry. Source: Men's Journal $BTC $BNB $SOL
New images reveal the extensive damage caused by the Stronghold Fire, which has consumed over 2,000 acres near Wilcox, Arizona. Currently, 240 firefighters are actively battling the flames to contain the spread. This urgent situation requires immediate attention as efforts continue to control the wildfire. Stay updated with more details from Fox 10 Phoenix. $ETH $SOL $BNB
Bitcoin ($BTC) is showing renewed strength after breakthe critical $108,000 resistance — a level that had previously capped multiple rallies in June. This fresh bullish momentum comes just after a powerful macro tailwind: U.S. President Donald Trump stated in a speech that “Bitcoin takes pressure off the dollar.” The market interpreted this as a green light for crypto’s long-term legitimacy — and traders are reacting accordingly. $BNB $SOL $XRP #BinanceAlphaAlert
Bitcoin is 'bad for dictators': Human Rights Foundation exec
Human Rights Foundation’s Alex Gladstein told a group of US political leaders that Bitcoin has “essentially saved” citizens living under dictatorships. A Human Rights Foundation executive told a room full of US politicians that Bitcoin continues to prove itself as a powerful tool against authoritarian control, offering an alternative to the mounting ways fiat currency can be manipulated and controlled.
“With Bitcoin, the ability of these leaders to do these things is completely decimated,” Human Rights Foundation chief strategy officer Alex Gladstein at the Bitcoin Policy Summit in Washington, D.C. on Thursday.