Bitcoin drops below $89K, wiping $100B from market
Bitcoin plunged below $89,000, erasing over $100 billion from the crypto market as risk-off sentiment and profit-taking hit major digital assets, rattling investors and spurring renewed volatility.
flash crash
Cryptocurrency market watches $340M wiped out in 4 hr plunge
Cryptocurrency markets plunged, erasing $340 million in value over four hours as major tokens tumbled and trading volumes spiked. Traders scrambled to limit losses while volatility rippled across exchanges.
Aster reimburses users after XPL perpetual glitch sends price to $4
Aster reimbursed affected users after an XPL perpetual-glitch briefly sent the contract price to $4. The firm committed to full restitution and an immediate platform audit to prevent recurrence.
SOL Recovers to $147 After Flash Crash Shakes Out Weak Hands
In a strong rebound, Solana (SOL) has recovered to $147 following a recent flash crash that unnerved investors. The swift recovery suggests resilience in the market as strong hands capitalize on lower prices, shaking out weaker participants.