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Bitcoin At $66,000 As Ethereum, XRP, Dogecoin Plunge Further Into ‘Extreme Fear’
Bitcoin (CRYPTO: BTC) dropped below $66,000 on Thursday amidst a broader macro-driven sell-off, pushing market sentiment deeper into “Extreme Fear.”
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $65,750.54 |
| Ethereum | (CRYPTO: ETH) | $1,928.94 |
| Solana | (CRYPTO: SOL) | $77.63 |
| XRP | (CRYPTO: XRP) | $1.36 |
| Dogecoin | (CRYPTO: DOGE) | $0.09158 |
| Shiba Inu | (CRYPTO: SHIB) | $0.056006 |
Notable Statistics:
- Coinglass data shows 119,529 traders were liquidated in the past 24 hours for $281.74 million.
- SoSoValue data shows net outflows of $276.3 million from spot Bitcoin ETFs on Thursday. Spot Ethereum ET’Fs saw net outflows of $6129.2 million.
- In the past 24 hours, top losers include MYX Finance, LayerZero and Uniswap.
Notable Developments:
XRP Climbs 9% In A Week As Goldman Sachs Accounts For 14% Of ETF Inflows
XRP (CRYPTO: XRP) has gained 9% over the past seven days, outperforming much of the broader crypto market, as institutional developments and ecosystem upgrades boosted sentiment
Evernorth Plans To Leverage XRP Lending Protocol
Evernorth announced it intends to integrate the upcoming XRP Lending Protocol (XLS-66) into its digital asset strategy, aiming to unlock yield opportunities for institutional XRP holders.
While XRP has historically been used for payments and cross-border settlement, it has lacked a native yield-generating mechanism for idle holdings.
The proposed lending protocol seeks to address that gap by enabling holders to deposit XRP into Single-Asset Vaults (SAVs), …
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Why did KPIT Technologies share crash up to 29% in one month?
Synopsis: KPIT Technologies Limited shares fell nearly 29% in a month amid European slowdown fears, Chinese competitive pressure, margin stress, weak earnings, and heavy technical selling, pushing the stock into deep oversold territory. This Small-cap IT Stock, engaged in developing embedded software, AI solutions, and engineering R&D services for automotive and mobility sectors, focusing on […]
The post Why did KPIT Technologies share crash up to 29% in one month? appeared first on Trade Brains.
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