Bitcoin Losing $60K Handle May Trigger Wave of ETF Liquidati | BeatBulls on Binance Square

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Bitcoin Losing $60K Handle May Trigger Wave of ETF Liquidations: Analyst
#SOFR_Spike #US_Job_Market_Slowdown #IntroToCopytrading #VanEck_SOL_ETFS #ETH_ETFs_Approval_Predictions 
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The cryptocurrency heatmap is entirely painted in red and there are absolutely no exceptions for the past 24 hours. One of the worst performers is Solana, which lost around 8% of its price. Others in this category are LINK (-8.5%), SHIB (-8.6%), PEPE (-11%), and so forth. You would notice that meme coins are having it worse compared to other cryptocurrencies, and that’s true for the entire segment as major memes chart double-digit declines. Altogether, the cryptocurrency market continues crashing even at the time of this writing, and it’s interesting to see how far down the bears can take the price. It appears that all eyes are currently turned to the critical support at $56K for BTC, so let’s see if that manages to hold up. #SOFR_Spike #US_Job_Market_Slowdown #IntroToCopytrading #VanEck_SOL_ETFS #ETH_ETFs_Approval_Predictions $BTC

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Bitcoin Plummets to $57K, Solana Nosedives 8% Daily (Market Watch) The cryptocurrency markets are bleeding out in the past 24 hours, with the total capitalization plunging below $2.5 trillion, down 5% on the day. This comes on the back of notable declines across the board from Bitcoin, Ethereum, BNB, Solana, and pretty much the entire market. Bitcoin Crashes Toward $57K At the time of this writing, Bitcoin’s price is trading at around $57,700, down more than 5% over the past 24 hours and pretty much the same for the week. #SOFR_Spike #US_Job_Market_Slowdown #IntroToCopytrading #VanEck_SOL_ETFS #ETH_ETFs_Approval_Predictions

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XRP and LTC Top Performers as Crypto Market Tumbles. #SOFR_Spike #US_Job_Market_Slowdown #IntroToCopytrading #VanEck_SOL_ETFS #ETH_ETFs_Approval_Predictions

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Binance.US Claims No Evidence of Wrongdoing in SEC Case Binance.US said that the SEC’s case is unsupported by facts or law while asserting confidence in its position being validated by the court. Binance.US said that it is prepared to defend itself against the US Securities and Exchange Commission after a court ruled that the regulatory agency’s case against the crypto exchange could continue. In its official statement on X, the US arm of crypto giant Binance affirmed that the “fight continues.” The crypto exchange said that it has used the “limited guidance” that the SEC has offered to the crypto industry to operate its business in a compliant way. Binance.US also slammed the SEC’s regulation-by-enforcement strategy and accused the regulatory body of politically motivated overreach under its current leadership. The company also said that it maintains 1:1 reserves for all customer assets and has strong compliance and risk programs that ensure the safety and security of its platform. #US_Inflation_Easing_Alert #MiCA #IntroToCopytrading #VanEck_SOL_ETFS #ETH_ETFs_Approval_Predictions

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Bitcoin Rebounds After Binance Ruling Cryptocurrency prices pared gains Monday after an early rebound above $63,500 after Binance scored a partial victory in its lawsuit against the SEC. Industry experts predict that bitcoin's price could fall even lower as investors experience "summer blues." Elsewhere, Japanese investment adviser Metaplanet said it bought $1.2 billion of bitcoin. CoinDesk reported that Metaplanet bought 20.2 bitcoin, moving ahead in its strategy to increase its bitcoin holdings by $6 million. The Tokyo-based adviser reported its current holdings at 161.3 BTC. The Securities and Exchange Commission on May 23 approved 19b-4 forms for eight ether ETF applications, paving the way for spot ethereum ETFs to launch later this year. The S-1 registration statements still need to be approved before the ETFs can officially debut. The SEC did not provide a timetable for a judgment on the S-1 filings. #US_Inflation_Easing_Alert $BTC $ETH $BNB #MiCA #IntroToCopytrading #VanEck_SOL_ETFS #ETH_ETFs_Approval_Predictions

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