Silver and Bitcoin dip today due to technical selling and leveraged liquidations, not fundamental weakness. Silver saw 30M oz paper dump; Bitcoin 125K positions liquidated. Key support levels will decide the next move.
Crypto selling intensified late on July 25, sending Bitcoin close to $58,000 and Ether toward $1,500. CoinGlass data showed $1.42 billion in liquidations over 24 hours, affecting 215,290 traders.
The crypto market recorded $112 million in liquidations over the past 24 hours, with short positions accounting for a larger share than longs. Bitcoin and Ethereum shorts saw the heaviest losses.
The crypto market experienced a sharp liquidation event with $268 million wiped out in an hour, of which long positions accounted for $265 million. Over 187,000 traders were liquidated in 24 hours, with the largest single order on Hyperliquid's BTC-USD pair at $31.6 million.
The crypto market slipped 1.94% on Tuesday, pushing total market value down to $2.38 trillion. Bitcoin and several major tokens fell, while trading volume rose and long liquidations climbed to $134.65 million.
Bitcoin traded near $113,000 while futures open interest rose to nearly $81 billion. Options positioning remained call-heavy overall, but recent flow leaned toward puts as traders watched for Jerome Powell’s Jackson Hole remarks.
India’s crypto market is gaining momentum after the RBI banking restriction was lifted, with several exchanges lowering fees to attract new users interested in bitcoin and other digital assets.
Solv Protocol has integrated with Utexo to launch a bitcoin-native yield framework using RGB and the Lightning Network, enabling atomic BTC-USDT swaps while reducing reliance on wrappers, bridges, and custodians.
