🔥 Crypto Market in Turmoil: Over $526 Million Liquidated in 1 Hour, Bitcoin Falls to $77,000
A series of hot events in the past 24 hours:
🚨 Massive Liquidation: Over $526 million was liquidated, mostly long positions ($510 million) as BTC dropped to $77,000.
🇺🇸 US Politics: Senator Cynthia Lummis calls for the Clarity Act to be brought before the President. White House crypto advisor Patrick Witt believes the law meets 90% of the industry's needs.
📉 Macroeconomics: US 30-Year Treasury Yields Reach 5.16% - Highest Since October 2023, due to inflation concerns. China reduces its holdings of US Treasury bonds to their lowest level since the 2008 crisis.
🏦 Institutions: Strategy bought an additional 24,869 BTC ($2.01 billion), bringing its total holdings to 843,738 BTC. Bitmine bought 71,672 ETH, raising its total to 5.28 million ETH (4.37% of the total supply).
🇮🇷 Iran: Considering a Bitcoin-based insurance system for ships transiting the Strait of Hormuz.
⚖️ Legal: Elon Musk loses lawsuit against OpenAI; SEC lifts decades-long 'gagging rules'.
🤖 Technology: BNB Chain launches BNBAgent SDK for AI agents; Meta cuts 20% of its workforce, transferring 7,000 employees to AI.
#SECTokenizedStockExemption $BTC
