Long trades, or bets on higher prices, took 90% of the $220 million in liquidations on crypto futures trading over the past 24 hours as bitcoin (BTC) and ether (ETH) fell nearly 5%. Bitcoin and ether futures cumulatively saw $100 million in liquidations, while futures tracking dogecoin (DOGE), solana (SOL), XRP (XRP) and aptos (APT) took on $4 million in liquidations apiece.
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Spot Bitcoin ETFs Should Be Approved ‘Immediately’: U.S. Congressmen
In a strongly-worded letter addressed to Securities and Exchange Commission (SEC) Chair Gary Gensler, a group of prominent U.S. Congressmen are calling for the...