Tag: Cryptocurrencies

Bitcoin slid below $90,000, marking a 2.5% decline amid heightened geopolitical risks. Crypto stocks like Strategy and MARA plunged over 5-7%, reflecting broader market turmoil. Analysts see the pullback as healthy consolidation, but options signal potential downside to $80,000. Bitcoin has dipped below $90,000 for the first time in recent weeks as President Donald Trump’s tariff threats on European nations intensify...

Bitcoin drops below $91,000 amid renewed U.S.-Europe geopolitical tensions over Greenland and tariff threats. Options data from Derive.xyz indicates a 30% probability of BTC falling below $80,000 by late June, compared to 19% chance of exceeding $120,000. Volatility compresses to a two-month low at 38%, but macro risks could trigger a shift to higher volatility. Heavy put open interest at $75,000–$85,000 strikes suggests...

Price Drop: Bitcoin fell approximately 3% to below $93,000, with intraday lows reaching around $92,000. Liquidations Surge: More than $800 million in leveraged crypto positions were liquidated in the past 24 hours, predominantly long bets. Geopolitical Trigger: The selloff follows U.S. President Donald Trump’s announcement of 10% tariffs on eight European countries amid disputes over Greenland. The cryptocurrency...