Behold, the sky has fallen upon the crypto heavens! The once-mighty Bitcoin, now a shivering wretch, has plunged to $104,000, while Ethereum weeps in the shadows at $3,700. A tale of despair, my friends, where hope is but a fleeting whisper and greed a cruel master. 😢
Bitcoin Has Just Witnessed A Crash To $104,000
Last Friday, the market trembled like a leaf in a storm, and this Friday, it continues its dance with the abyss. Behold the chart, a grim mural of despair, where BTC’s price wavers like a drunkard’s step. 🌊
Oh, how the fools rejoiced when Bitcoin briefly climbed to $116,000, thinking salvation was near! But alas, it was but a mirage, a dead-cat bounce to lull the desperate into false hope. 🕯️
With a 6% plunge in 24 hours, BTC now clings to $104,200, while altcoins drown in their own tears. Ethereum, that tragic hero, falls 9% to $3,700. The derivatives traders, those poor souls, are now scrambling like rats in a sinking ship. 🚢
Crypto Derivatives Market Has Seen Liquidations Of Nearly $1.2 Billion
Oh, the horror! According to CoinGlass, the derivatives market has been a bloodbath, with $1.18 billion in liquidations. A liquidation, you ask? It is the cruel hand of the platform, seizing your bets when the tide turns against you. 💸
Behold the table, a ledger of ruin, where 77% of the losses are borne by the bullish fools. $917 million, a fortune lost to the void. 🕳️
Bitcoin, the king of the heap, takes the lion’s share with $431 million in losses. Ethereum, the loyal knight, follows with $267 million, while Solana, the underdog, limps in with $89 million. XRP, the quiet one, escapes with a mere $27 million-perhaps its time will come. 🎲
In other news, the Coinbase Premium Gap turns red, a sign of institutional wolves lurking in the shadows. Maartunn, the wise analyst, whispers of doom. 🐺
The gap, a cruel measure of despair, shows Coinbase’s sellers are more numerous than Binance’s. A tale of greed and fear, where the mighty fall and the weak survive. 🌀
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2025-10-18 12:49