Markets.News
Bitcoin experienced further declines due to the Federal Reserve's hawkish stance under new Chair Kevin Warsh, causing the U.S. dollar to strengthen and impacting risk assets. Current cryptocurrency prices are Bitcoin at $63,077, Ethereum at $1,712, Solana at $69.75, XRP at $1.14, Dogecoin at $0.08245, and Shiba Inu at $0.054672. In the last 24 hours, 136,366 traders were liquidated, resulting in a total loss of $558.38 million. Moreover, there were net outflows of $82.2 million from spot Bitcoin ETFs and $29.4 million from spot Ethereum ETFs as per Coinglass and SoSoValue data. Among the top losers were Lighter, SPX6900, and Aerodrome Finance. It was noted that a Mexican billionaire holds 70% of their liquid portfolio in Bitcoin. For further details, visit Benzinga.com.