-
Crypto traders lose $1.6 billion as sector shows signs of ‘bearish exhaustion’
Traders were in the red Monday as $1.62 billion in bullish bets evaporated over the past 24 hours, according to data from the crypto analytics company Coinglass. Correspondingly, the crypto markets were down, as Bitcoin dropped 2.3% over the past 24 hours to below $113,000, per Binance. Ethereum, the second largest digital asset by market capitalization, had an even starker drop of almost 7% to just under $4,200. The total market capitalization of all cryptocurrencies was down almost 4% day-over-day to about $3.9 trillion, per CoinMarketCap. William Cai, global head of crypto data at the crypto analytics company ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
Nearly all crypto assets are seeing red on Monday, with the total market capitalization for all crypto assets falling below $4 trillion since Sunday evening. Bitcoin (BTC-USD) fell 3%. The second-largest cryptocurrency, ether (ETH-USD), fell 6%. Solana’s (SOL-USD) token is down 7%. Dogecoin (DOGE-USD) and World Liberty Financial (WLF) are each down 10%. ...
Nvidia will invest up to $100 billion in OpenAI as the artificial intelligence firm prepares to build massive data centers powered by the chipmaker’s processors, both companies said Monday. The plan involves systems requiring 10 gigawatts of power—equal to 4 to 5 million GPUs, according to Nvidia CEO Jensen Huang. Calling the effort “a giant project,” Huang ...
From indexologyblog.com | Sep 23, 2025
Two decades ago, crypto didn’t exist, and even a decade ago, it was still an emergent asset class. In the last few years, crypto has increased in maturity, crossing USD 1 trillion in market capitalization in 2021 and currently sitting at USD 3.5 trillion at the end of July 2025 based on the S&P Cryptocurrency Broad Digital Market Index (USD). Its increased ...
