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news-imageApril 23, 2025

Bitcoin, Ether, Dogecoin Surge Spurs $500M in Short Liquidations

Futures bets against higher crypto prices lost over $500 million in the past 24 hours as a surge higher, buoyed by a possible cooldown of China tariffs by the U.S., led to the largest short liquidations since October.
Publisher: Coindesk
Sentiment: Positive
BTC
DOGE

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Positive
cover-imageCointelegraph
April 23, 2025

$635M liquidated in 24H as trader predicts $100K Bitcoin short squeeze

Crypto markets faced a sharp wave of liquidations over the past 24 hours, with total losses reaching $635.9 million, according to market data. The majority of the liquidations (over $560 million) came from short positions, signaling growing pressure on bearish traders.Bitcoin (BTC) led the liquidation charts, with $293 million in short positions wiped out as BTC surged past $94,000, marking a 6.29% gain within a day, according to CoinGlass data.

Positive
cover-imageCoinPedia
April 23, 2025

Will Bitcoin Price Hit $100K This Week or Crash Again?

Bitcoin has re-entered bullish territory, surging above the $93,000 mark, as its price continues to climb, confirming a powerful upside trend. This move aligns with 10x Research's prediction, which turned bullish on April 12. Since then, BTC has gained over 10%, with the next key resistance level between $94,000 and $95,000.

Positive
cover-imageNewsBTC
April 23, 2025

Bitcoin Spot Volume Nearly Triples As BTC Breaks $91,000

On-chain data shows the Bitcoin spot market hasn't been left behind during the latest price rally as its volume has registered a large increase. Both Bitcoin Open Interest & Spot Volume Have Shot Up In a new post on X, the on-chain analytics firm Glassnode has discussed about the latest trend in the Bitcoin Open Interest.

Positive
cover-imageCointelegraph
April 23, 2025

Bitcoin ETFs log $912M inflows in ‘dramatic' investor sentiment boost

Investments in Bitcoin exchange-traded funds (ETFs) have rebounded to levels last seen in January, signaling a recovery in investor sentiment from concerns around global trade tariff escalations.US spot Bitcoin (BTC) ETFs had over $912 million worth of cumulative net inflows on April 22, marking their highest daily investment in more than three months since Jan. 21, Farside Investors data shows. Bitcoin ETF Flow, millions.

Positive
cover-imageCoinPedia
April 23, 2025

Why Ethereum Price is Up Today— Key Reasons Behind It

Ethereum, the world's second-largest cryptocurrency, has made a strong comeback after dipping below $1,400 not long ago. Now, it's back above $1,800, a three-week high, and investors are starting to ask, What's behind this sudden surge? Let's take a look at the key reasons.

Positive
cover-imageThe Cryptonomist
April 23, 2025

Polygon surpasses Ethereum: the new era of NFTs linked to real-world assets

In recent months, the world of NFTs has witnessed a significant evolution. If in the past the focus was mainly on digital art, today the focus is shifting towards tangible assets, and at the forefront of this transformation is Polygon, which has recently surpassed Ethereum in terms of weekly sales. According to the data from CryptoSlam updated as of April 22, NFTs on Polygon generated 22.1 million dollars in weekly sales, recording an increase of 17.64% compared to the previous week. In comparison, Ethereum stopped at 21.8 million, while Mythos Chain and Bitcoin totaled 14.3 million and 14.1 million respectively. This jump led Polygon to hold 24% of the global NFT transaction volume, out of a weekly total of 92.9 million dollars.

Positive
cover-imageNewsBTC
April 23, 2025

Bitcoin Regains $90K With Funding Rates Indicating Momentum Toward $93K

Bitcoin has finally reclaimed the psychologically $90,000 level once again following a recent period of significant correction that brought it to trade as low as $74,000 in recent weeks. So far, BTC has now steadily rebounded, rising by 13.1% in the past two weeks to currently trade at $90,279, marking a 3.3% increase in the past day.

Positive
cover-imageBitcoin
April 23, 2025

Bitcoin Reclaims $94,000, Rising 6.2% in 24 Hours

Bitcoin ( BTC) has reclaimed the $94,000 price level, rising 6.2% in the last 24 hours and 12.9% over the past week. This increase reflects a positive shift in market sentiment as the top cryptocurrency continues to attract attention from investors as digital gold.

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