After $300M liquidations, BTC, ETH, XRP prices on edge as Trump speaks at Crypto Summit
- Cryptocurrency sector’s valuation consolidated at $2.9 trillion on Thursday after the Fed interest rate pause boosted market activity.
- Liquidations hit $335 million in the last 24 hours, with $207 million in short contracts closed accounting for nearly 60% of the losses.
- Bitcoin spot ETFs took in another $11 million on Wednesday, making it over $527 million BTC buys in four consecutive days.
Bitcoin market updates:
- Bitcoin price peaked at $87,450 before retracing 1.7% towards the $85,200 level at press time on Thursday.
- Bitcoin ETFs recorded another $11 million inflow on Wednesday, extending its buying spree to four consecutive days.
Bitcoin ETFs | SosoValue
Since last Friday, Bitcoin ETFs…
