Markets.News
Bitcoin faced further declines following a strong response from the Federal Reserve led by new Chair Kevin Warsh, causing a surge in the U.S. dollar and a downturn in risk assets. Current cryptocurrency prices are as follows: 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. Recent data highlights that 136,366 traders were liquidated in the last 24 hours, resulting in a loss of $558.38 million. Meanwhile, there were net outflows of $82.2 million from spot Bitcoin ETFs and $29.4 million from spot Ethereum ETFs on Wednesday. Among the notable losers in the past day were Lighter, SPX6900, and Aerodrome Finance. In a significant development, a Mexican billionaire has disclosed that 70% of their liquid portfolio is in Bitcoin. More information can be found on Benzinga.com.