How bad is this bloodbath?
$108,000 to $95,000 in 72 hours.
The Fed’s recent “We probably won’t cut rates by much” announcement was different this time.
It’s funny how a few words from Jerome Powell can turn a perfectly good race into an impromptu clearance sale. We’re talking about liquidating millions…
The strangest part? No one seemed too worried. Maybe because we’ve all seen this before…
Even the hardcore “buy the dip” crowd takes its time. When was the last time you saw crypto traders exercising patience?
So what’s really happening in the market now? Let’s understand everything! Here is a quick summary of the most important headlines over the past 24 hours:
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Bitcoin mining giants are on a shopping spree, with MARA investing $1.53 billion in Bitcoin and Hut 8 taking in $100 million. What does he do? These mining giants are so confident? 🏭
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Solv Protocol snuck into Hyperliquid for just $130,000 while others are paying millions. With $2.5 billion secured and reserves of 25,000 Bitcoin, What makes This list is completely different from others?💡
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The HAWK token turned $491 million into dust within hours. What really happened backstage? Where did all that money go? 💸
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Craig Wright dodged a suspended prison sentence after ignoring court orders over his claims about Satoshi. How did you do? He avoids it? 👨⚖️
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The Fed’s inflation comments triggered a $1.2 billion liquidation wave, sending Bitcoin falling from $108,000 to $95,000. but How can Such simple news shakes the market in this way? 📉
Let’s dive in!
Bitcoin mining giants MARA and Hut 8 just made strong moves that caught everyone’s attention. MARA fell by $1.53 billion to acquire 15,574 BTC, while Hut 8 acquired 990 BTC for $100 million.
The MARA strategy is particularly interesting. They raised nearly $2 billion through convertible bonds — betting heavily that the future value of bitcoin would more than cover their debt.
What makes mining giants so confident? Why do they choose this particular moment to go through everything? Read The whole story!
The Solv Protocol has just made its way to the Hyperliquid Exchange through an auction for a reasonable $130,000 – a bargain considering its recent listing openings start at $2 million.
The Solv Protocol has quietly amassed $2.5 billion in total value locked since May, and it’s not just another DeFi project. They hold a huge reserve of 25,000 BTC, which they use to create return opportunities through products like SolvBTC via various layer 2 solutions.
https://media.zenfs.com/en/coinmarketcap_783/1df61a456d97dc83233a20c93485d98e