#24h加密合约清算破4亿美元 Bitcoin has been under continuous pressure over the past 24 hours, gradually slipping from the consolidation zone above $76,000, and has now fallen below $73,000. Market trading volume remains active, reflecting ongoing selling pressure. Ethereum has experienced a larger decline, breaking below the $2,000 psychological level. As the second-largest asset in the crypto market, ETH's decline reflects a generally weak market sentiment. In the past 24 hours, a total of 164,762 people worldwide have been liquidated, with total liquidation amounting to $928 million. The largest single liquidation occurred on Hyperliquid, with BTC-USD valued at $15.34 million.
One of the core reasons for the weak BTC price is the large-scale selling behavior by miners and industry transformation.
Several publicly listed Bitcoin mining companies have recently sold their BTC reserves, shifting funds toward AI infrastructure development.
Progress on two key U.S. cryptocurrency bills has been slow, further dampening market expectations of upcoming policy benefits: The Digital Asset PARITY Act aims to reform crypto taxation, exempting miners and staking rewards from taxes before sale. This proposal was officially submitted in May but has not yet been scheduled for hearings or votes.
The Digital Asset Market CLARITY Act is awaiting a full Senate vote, with no date set yet.
The Federal Reserve's balance sheet remains stagnant, and liquidity expectations have fallen short. Previously, markets expected the Fed to continue expanding its balance sheet by purchasing U.S. Treasuries to inject liquidity.
However, since April 15, the Fed's total assets have stagnated at $6.7 trillion, with a clear slowdown in expansion.
Additionally, the continued selling pressure on BTC spot ETFs has further weakened Bitcoin. Yesterday, the net outflow from Bitcoin spot ETFs was $733 million, marking the 8th consecutive day of net outflows.
On the news front, the smoke of war has reignited. The U.S. military claims to have deployed forces ready to attack Cuba at any time. Moreover, President Trump stated that negotiations are hopeless and expressed dissatisfaction with the Iran deal.
On the early morning of May 28, the U.S. military conducted an airstrike on a location in the suburbs of Abas Port, followed by the Islamic Revolutionary Guard Corps striking the U.S. Air Force base that launched the attack.
Adding to the negative sentiment, the Jubi collapse has caused many negative news in the market. The market is in a poor state; the only strategy now is to develop cautiously, wait for opportunities, and wait for the cycle. $BTC
One of the core reasons for the weak BTC price is the large-scale selling behavior by miners and industry transformation.
Several publicly listed Bitcoin mining companies have recently sold their BTC reserves, shifting funds toward AI infrastructure development.
Progress on two key U.S. cryptocurrency bills has been slow, further dampening market expectations of upcoming policy benefits: The Digital Asset PARITY Act aims to reform crypto taxation, exempting miners and staking rewards from taxes before sale. This proposal was officially submitted in May but has not yet been scheduled for hearings or votes.
The Digital Asset Market CLARITY Act is awaiting a full Senate vote, with no date set yet.
The Federal Reserve's balance sheet remains stagnant, and liquidity expectations have fallen short. Previously, markets expected the Fed to continue expanding its balance sheet by purchasing U.S. Treasuries to inject liquidity.
However, since April 15, the Fed's total assets have stagnated at $6.7 trillion, with a clear slowdown in expansion.
Additionally, the continued selling pressure on BTC spot ETFs has further weakened Bitcoin. Yesterday, the net outflow from Bitcoin spot ETFs was $733 million, marking the 8th consecutive day of net outflows.
On the news front, the smoke of war has reignited. The U.S. military claims to have deployed forces ready to attack Cuba at any time. Moreover, President Trump stated that negotiations are hopeless and expressed dissatisfaction with the Iran deal.
On the early morning of May 28, the U.S. military conducted an airstrike on a location in the suburbs of Abas Port, followed by the Islamic Revolutionary Guard Corps striking the U.S. Air Force base that launched the attack.
Adding to the negative sentiment, the Jubi collapse has caused many negative news in the market. The market is in a poor state; the only strategy now is to develop cautiously, wait for opportunities, and wait for the cycle. $BTC
