Liquidates – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Tue, 17 Jun 2025 21:33:58 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.8 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Liquidates – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Bitcoin’s slide below $104k liquidates over $500M as war tensions escalate https://earlybirdsinvest.com/bitcoins-slide-below-104k-liquidates-over-500m-as-war-tensions-escalate/ https://earlybirdsinvest.com/bitcoins-slide-below-104k-liquidates-over-500m-as-war-tensions-escalate/#respond Tue, 17 Jun 2025 21:33:58 +0000 https://earlybirdsinvest.com/bitcoins-slide-below-104k-liquidates-over-500m-as-war-tensions-escalate/

Bitcoin (BTC) continued its pullback on June 17, sliding over 4% amid renewed military and political friction between Israel and Iran.

The flagship crypto fell to an intraday low of $103,300 before bulls stepped in to steady the price and push it back above $104,000,

As of press time, Bitcoin was trading at $104,439, down roughly 3.87% over the past 24 hours. Meanwhile, the wider crypto market fared relatively worse with a 6% average decline across the board. 

The impact on altcoins is highlighted by the nearly $508 million in liquidations in the past 24 hours, with over $167 million attributed to Ethereum (ETH) positions, according to Coinglass data.

ETH was trading at $2,471.72 as of press time, down 5.58% over the past 24 hours, while XRP was trading at $2.16 after a 6% decline. BNB saw significantly lower volatility over the same period and was down around 1.6% over the past day and trading at $647.77 as of press time.

Solana was down 5.6% and trading at $148.77 as of press time, while Cardano was down 5.6% to $0.6175.

Middle East tensions escalate

Price action was directly linked to the outbreak of fresh hostilities in the Middle East. Israel said its forces killed a senior Islamic Revolutionary Guard Corps commander in Tehran early on June 17.

This latest strike in a five-day exchange that has involved missiles, drones, and warnings to civilians.

In Washington, President Donald Trump posted that the US “knows where Iran’s Supreme Leader is hiding” and demanded Iran’s “UNCONDITIONAL SURRENDER,” escalating rhetoric around possible US involvement.

Traders watch as the prospect of wider regional conflict instigates risk aversion across global assets, including crypto.

Viable hedge

Analysts recently highlighted Bitcoin’s relative strength, calling it a viable alternative to increase a hedge in portfolios.

Ecoinometrics found that adding a 10% Bitcoin sleeve to a classic 60/40 allocation lifted the past-year risk-adjusted return to 0.80 with a 14% gain, versus 0.62 and 12% for the same swap into gold. 

Fidelity strategists Chris Kuiper and Jurrien Timmer say that persistent inflation and policy uncertainty have weakened the hedging role of bonds, making scarce digital assets such as Bitcoin an increasingly favored ballast in diversified portfolios.

Bitcoin Market Data

At the time of press 10:13 pm UTC on Jun. 17, 2025, Bitcoin is ranked #1 by market cap and the price is down 3.85% over the past 24 hours. Bitcoin has a market capitalization of $2.08 trillion with a 24-hour trading volume of $58.21 billion. Learn more about Bitcoin ›

Crypto Market Summary

At the time of press 10:13 pm UTC on Jun. 17, 2025, the total crypto market is valued at at $3.25 trillion with a 24-hour volume of $141.25 billion. Bitcoin dominance is currently at 63.90%. Learn more about the crypto market ›

Mentioned in this article
Posted In: Bitcoin, Cardano, Ethereum, Solana, XRP, Iran, Israel, Analysis, Crypto, Featured, Market, Price Watch
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Bitcoin's Price Surge to $104K Liquidates Nearly $400M in Bearish BTC Bets, Opening Doors to Further Gains https://earlybirdsinvest.com/bitcoins-price-surge-to-104k-liquidates-nearly-400m-in-bearish-btc-bets-opening-doors-to-further-gains/ https://earlybirdsinvest.com/bitcoins-price-surge-to-104k-liquidates-nearly-400m-in-bearish-btc-bets-opening-doors-to-further-gains/#respond Fri, 09 May 2025 04:43:29 +0000 https://earlybirdsinvest.com/bitcoins-price-surge-to-104k-liquidates-nearly-400m-in-bearish-btc-bets-opening-doors-to-further-gains/

Bitcoin’s rapid price rally has caught traders off guard, triggering large liquidations of bearish short positions.

The leading cryptocurrency by market value has risen over 3% to $102,500 in the past 24 hours, with prices topping $104,000 at one point, the highest since Jan. 31. The bullish move came as President Donald Trump announced a comprehensive trade deal with the U.K. and the cumulative inflows into the spot exchange-traded funds (ETFs) hit a record high above $40 billion.

The broader market rallied as well, with the total market cap of all coins excluding BTC surging by 10% to $1.14 trillion, the highest since March 6, according to data source TradingView.

That has led to substantial liquidations of bearish short positions, or leveraged plays aimed at profiting from price losses. A position is liquidated or forced closed when the trader’s account balance falls below the required margin level, often due to adverse price movements. This leads the exchange to close the position to prevent further losses automatically.

Nearly $400 million in BTC short positions were liquidated in the past 24 hours—marking the highest single-day total since at least November, according to Coinglass. Meanwhile, $22 million in long positions were also wiped out.

This significant imbalance indicates that leverage was heavily tilted towards the bearish side, and the rapid liquidation of shorts suggests there could be more upside potential for the market ahead.

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