Microsoft Rejects Bitcoin Reserve Plan, as Cardano, XRP Lead Market Rebound
The cryptocurrency sector’s valuation held firm at $3.37 trillion on Tuesday, halting a bleedout of $13 billion in outflows over the last 24 hours.
- Marathon Digital (MARA), the largest cryptocurrency miner, announced another $1.1 billion Bitcoin purchase after issuing debt convertible notes.
- In the derivatives markets, 288,367 traders were liquidated, with $626 million in long positions wiped out, accounting for 77% of the $809 million total liquidations.
Altcoin Market Updates: XRP and Cardano flash rebound signals as Bitcoin retakes $97K
Amid an escalating geopolitical crisis, the global crypto market crash on Monday saw over $1.5 billion worth of liquidations, triggering double-digit losses across…