Bitcoin slipped under $63K Monday night after a sharp shock in traditional markets spilled into crypto.
$STEEM
IBM plunged 13% — its worst single-day drop in 25 years — after Anthropic announced that its Claude AI can automate large parts of IBM’s legacy COBOL modernization work. The news rattled equities, and crypto quickly felt the heat.
$SXT
🔻 BTC fell around 2% to ~$62.9K
🔻 Over $370M in liquidations in 24 hours
🔻 ~$275M of that from wiped-out longs
$DEXE
The total crypto market cap dropped to $2.25T, down 2.1% on the day.
Altcoins followed:
ETH slid to ~$1,818 (sentiment: extremely bearish)
SOL dipped near $76
XRP eased to ~$1.32
Risk-off mood + leveraged longs = cascade liquidation.
For now, $63K becomes a key short-term level for Bitcoin. If volatility in equities continues, expect crypto to stay reactive.
Stay cautious — leverage is getting punished.
#write2earn🌐💹
$STEEM
IBM plunged 13% — its worst single-day drop in 25 years — after Anthropic announced that its Claude AI can automate large parts of IBM’s legacy COBOL modernization work. The news rattled equities, and crypto quickly felt the heat.
$SXT
🔻 BTC fell around 2% to ~$62.9K
🔻 Over $370M in liquidations in 24 hours
🔻 ~$275M of that from wiped-out longs
$DEXE
The total crypto market cap dropped to $2.25T, down 2.1% on the day.
Altcoins followed:
ETH slid to ~$1,818 (sentiment: extremely bearish)
SOL dipped near $76
XRP eased to ~$1.32
Risk-off mood + leveraged longs = cascade liquidation.
For now, $63K becomes a key short-term level for Bitcoin. If volatility in equities continues, expect crypto to stay reactive.
Stay cautious — leverage is getting punished.
#write2earn🌐💹