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Bitcoin Breaks $71K As Short Liquidations
Hit $3B As Trump Pushes CLARITY Act Approval On Thursday, Bitcoin surged above the $71,000 threshold, mirroring an overall rally in the crypto space amid the CLARITY Act hype. In the meantime, short liquidations for BTC surpassed a whopping $3 billion.
Bitcoin Soars Beyond
$71,000 Today
At press time, Bitcoin price was hovering around $71,730.46, up 11.43% over 24 hours.
According to data from CoinGlass, a total of $3.35 billion worth of crypto positions were liquidated over the past 24 hours, impacting 189,216 traders. The large volume of short positi
BTC11.22%
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LosslessOnlooker:
Seeing the liquidation data is a little unsettling—$380 million vanished in an instant over four hours. I’ll just hold spot and watch the show.
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Last night, I wore our Gate Qixi pajamas and had a sweet dream 🍬
When I woke up this morning, I saw that the market had turned sweet too~
Turns out these pajamas also bring good luck 🫰
#GateVIP #Gate周边 #BTC
BTC11.22%
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ShanDingMediaSiyu:
Pretty lady🌹🌹🌹
ASI
After the NGX ASI ran to 248,000 points, we topped out and entered the correction I expected.
For eight consecutive trading sessions, the ASI has closed in the red. We are now testing the first support at 239,473 points, and honestly, I do not expect this level to hold.
Failure to hold 239,473 points means we are definitely revisiting 223,140.6 points, especially as the Dang Ref. IPO could absorb a significant portion of market liquidity.
Fasten your seat belt!
Hahahahahahahahahahahahah!
#NFA
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JUST IN: Walmart slides 6% pre-market after Q2 miss on comps; confirms 4–5% full-year net sales growth guidance, below consensus. Could weigh retail earnings sentiment into risk-off moves for broadly correlated equities. $WMT
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ETH breaks key resistance! First move above the “golden line”, is ETH’s reversal rally beginnig?
gate liveLIVE
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ThisIsTranslateContent::
Just send it 👊
Bitcoin may offer an escape from the dollar's reserve currency trap: Forbes Bitcoin has been presented as a possible neutral reserve asset after an old video of U.S. Vice President JD Vance resurfaced in which he questioned whether the dollar's reserve currency status ultimately benefits the United States.
JD Vance questioned whether dollar reserve status benefits the US economy despite lowering borrowing and import costs.
The debate centres on the Triffin dilemma, which describes the conflict created when a national currency also serves as a global reserve.
Stablecoins can increase global dem
BTC11.22%
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SequencerSentry:
The issue of U.S. dollar hegemony indeed has no solution, but using Bitcoin as a reserve asset? Let’s address its volatility first.
Webull’s Q2 revenue hits a record $198M, but crypto trading only contributed about $2.25M. This underscores crypto’s limited contribution to retail trading platforms’ margins despite rising interest. $BTC $ETH
BTC11.22%
ETH18.31%
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#ShortLiquidationSweepsMarket
The crypto market is once again showing just how quickly momentum can shift.$GT ‌ A wave of short liquidations can accelerate upward price movements as overleveraged traders are forced to close their positions, creating additional buying pressure across the market.
Short liquidation events often highlight the risks of excessive leverage and remind traders that volatility can move in both directions. $ETH ‌When prices rise sharply, traders holding large short positions may face rapid liquidations, potentially turning a normal rally into a much stronger market mov
GT2.37%
ETH18.31%
XBRUSD2.98%
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CryptoMishu:
To The Moon 🌕
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META is investing hundreds of millions in Microsoft Azure AI services. If confirmed, this signals deeper corporate AI collaboration and could influence cloud and AI sentiment for big tech names. $META$MSFT
META0.46%
MSFT0.53%
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📈 The Gate Square Stock Insights Challenge is still going strong!
Share your stock views, market takes, and trading strategies on Gate Square for a chance to win rewards 👇
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📄 Event details: https://
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ShainingMoon:
To The Moon 🌕
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This is the major event you have been waiting for from @ethos_network
1. Token name/symbol: Whuffie / $WHUF
2. Total token supply: 10M
3. Base contract: 0xeeee77bC7e82c0d4166d52F58239D4c5Bf41eeee
Suspected sales website: sale. ethos. network/
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JUST IN: Optimism core team’s vote reallocates ~$49.7M in OP from user airdrops to the Strategic Ecosystem Fund, backing OP Mainnet adoption and enterprise growth. $OP
OP10.41%
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#Gate股票观点挑战 $NVDA Nvidia's $100 billion guarantee: AI anxiety made tangible
Today's biggest news is not any individual stock, but Nvidia (NVDA) announcing that it will guarantee over $100 billion in long-term offtake agreements for its supply chain partners.
What does this mean?
1. Extremely high demand certainty: Nvidia's willingness to sign long-term agreements worth $100 billion shows that demand for AI training chips is not a short-term bubble, but a structural shortfall lasting 3–5 years.
2. Clear supply bottleneck: CoWoS advanced packaging capacity remains a bottleneck. By guaranteeing
NVDA-0.51%
NVDA-0.97%
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ShizukaKazu:
Get on board quickly! 🚗
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Beezie new daily ATH in Gacha spent volume
Onchain collectibles supercycle fully intact
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$BTC 71,838, surging 11.4% in one day to hit 72,490.
The previous high at 66,956 was kicked aside today, without even a decent pullback.
ETH went even crazier, up 18.5% in one day and charging straight to $2,280. $2,000 was decisively broken.
The Fear Index jumped from 46 to 62, officially entering the greed zone. Retail traders have finally woken up.
All the macro factors played out, without a single one missing.
The Dollar Index fell below 100. This is a landmark move—the weak-dollar cycle is here.
The 10-year U.S. Treasury yield kept falling, from 4.72% to 4.65%. The market is front-running
BTC11.22%
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mizanurrahman:
2026 GOGOGO 👊
$Bull is coming—when the 4-hour candle rolls over, a wave of beautiful large bullish candles is on the way.
牛来56.06%
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On August 20, it was reported that more than 150 wallets on Polymarket International may have used internal information from the U.S. military to trade, attracting copycat bets and raising concerns that the market could leak signals exploitable by foreign hostile forces.
According to research by the nonprofit research organization Anti-Corruption Data Collective (ACDC), there are 556 wallets they call “whales” that typically make high-risk, high-reward bets rapidly in niche markets, where insiders often have an information advantage. They then usually cash out and disappear without a trace.
Am
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Earlier, we projected BTC to rise from 62800 all the way to 68000, and after holding above 68000, continued to target 72000. Both moves were fully confirmed by the market.
From the chart, BTC is currently in a high-level consolidation and accumulation phase, and the pullback has not damaged the overall bullish structure. Buying support has been sufficient during the retracement, while bearish selling pressure has been continuously absorbed. This is merely a shakeout adjustment on the way up.
Key support: 69000 is the first short-term support, while 70000 is a strong psychological support where
BTC11.22%
ETH18.31%
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When Big Bear makes a move, it’s bound to be top-notch. Today’s ETH trade once again showed you what absolute foresight looks like.
$ETH At 10:19 a.m., the update laid out the conclusion plainly: go long directly on a pullback to around 2220–2240, with a stop-loss at 2200 and a target of 2300–2340.
The direction, entry levels, stop-loss, and targets were all laid out crystal clear. No waiting until the market has finished moving to play Monday-morning quarterback.
From opening the position and reducing it to closing it out, every key juncture was timed flawlessly, with a hundred points of pro
ETH18.31%
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