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Bitcoin 20 Views
1 day ago

Crypto Market Dips as Liquidations Surge Amid FOMC Uncertainty

Over $363M wiped out as traders exit risky positions. Bitcoin and Ethereum fall while fear grips the market ahead of FOMC update.

Crypto

Crypto Laddin

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Crypto Market Dips as Liquidations Surge Amid FOMC Uncertainty
Crypto Market Dips as Liquidations Surge Amid FOMC Uncertainty

Crypto Market Slides as Total Valuation Drops 0.97%

The global crypto market is in the red today, with total capitalization falling 0.97% to $3.33 trillion. However, 24-hour trading volume surged by 33.54%, reaching $131.69 billion, indicating high activity despite the downturn. The Fear & Greed Index sits at a neutral 53, signaling investor hesitation.

FOMC Uncertainty Triggers Risk-Off Sentiment

The ongoing U.S. Federal Reserve (FOMC) meeting is driving caution across the crypto landscape. While no immediate rate cuts are expected, market participants await signals for future policy changes. Meanwhile, U.S. equities posted modest gains: NASDAQ rose 1.52%, S&P 500 gained 0.94%, and Dow Futures climbed 0.75%. DJT fell over 4% following Trump’s early exit.

Massive Liquidations Shake the Market

According to CoinGlass, 106,815 traders were liquidated in the past 24 hours, totaling $363.46 million in losses. The largest single liquidation was a $3.32 million SOLUSDT order on Binance, showing the fragility of over-leveraged positions in a choppy macro environment.

BTC, ETH, and Altcoins in Retreat

  • Bitcoin (BTC): $106,170 (-0.92%)

  • Ethereum (ETH): $2,550 (-2.67%)

  • Solana (SOL): $150.68 (-3.61%)

  • XRP: $150.68 (-3.61%)

Top Gainers:

  • Pendle (PENDLE): +3.51%

  • Bitcoin Cash (BCH): +3.45%

  • Monero (XMR): +3.34%

Top Losers:

  • SPX6900: -15.79%

  • ImmutableX (IMX): -10.77%

  • ZCash (ZEC): -8.93%

Stay tuned to CryptoLaddin for more market insights.