Bitcoin traded near $104,850, down about 1.8% intraday and 9.5% for the week, extending the crypto market’s broad correction. Roughly $128 billion in market value was erased amid elevated liquidations, with Ethereum falling around 6.3% to $5,460. Strategists expect stabilization once open interest and funding rates normalize across major venues.
Bitcoin traded near $104,850, down about 1.8% intraday and 9.5% for the week, extending the crypto market’s broad correction. Roughly $128 billion in market value was erased amid elevated liquidations, with Ethereum falling around 6.3% to $5,460. Strategists expect stabilization once open interest and funding rates normalize across major venues.
Bitcoin hovers under $105K; leverage washout weighs on broader crypto complex.
Bitcoin traded near $104,850, down about 1.8% intraday and 9.5% for the week, extending the crypto market’s broad correction. Roughly $128 billion in market value was erased amid elevated liquidations, with Ethereum falling around 6.3% to $5,460. Strategists expect stabilization once open interest and funding rates normalize across major venues.
Bitcoin traded near $104,850, down about 1.8% intraday and 9.5% for the week, extending the crypto market’s broad correction. Roughly $128 billion in market value was erased amid elevated liquidations, with Ethereum falling around 6.3% to $5,460. Strategists expect stabilization once open interest and funding rates normalize across major venues.