Things go wild in crypto

The cryptocurrency market lost another 7.7% to $900B over the past 24 hours, returning capitalisation to the area of September-October lows; at the peak of the decline, it was approaching the current market cycle lows set in June. Leading altcoins in the top 10 fell from 5.5% (BNB) to 22.9% (Dogecoin).
FxPro | 1315 ngày trước

Market picture

The cryptocurrency market lost another 7.7% to $900B over the past 24 hours, returning capitalisation to the area of September-October lows; at the peak of the decline, it was approaching the current market cycle lows set in June. Leading altcoins in the top 10 fell from 5.5% (BNB) to 22.9% (Dogecoin).

At its worst moment of market capitulation on Tuesday night, Bitcoin was down to $17.1K, renewing 2-year lows. Many potential long-term investors in cryptocurrencies are now trying to assess whether we saw a final surrender yesterday, followed by a reversal. So far, we have doubts that the most worrisome part is behind us.

BTC's sharp decline earlier in the day came amid an abrupt collapse in one of the largest crypto exchanges FTX's own FTT token, which now trades at $4.6, having lost over 80% from $25.6 on Saturday. And all this on high trading volumes.

Another victim of the latest crypto chaos was Solana coin, which had lost 55% since Saturday before the crypto market went wild.

News background

On Tuesday evening, it was reported that Binance had agreed to acquire cryptocurrency exchange FTX amid investor panic and a liquidity crisis at what was once the third-largest cryptocurrency exchange. The news failed to stem capital outflows, and the cryptocurrency sell-off continued, albeit calmer.

Despite some resolution, the news did not trigger a market recovery. Some experts say what has happened threatens the crypto market with significant disruption.

Other observers point out that the collapse of the crypto market occurred on the day of the US congressional elections, which could have triggered selling in an environment of uncertainty, which is always bad for risky assets such as cryptocurrencies.

FxPro
Loại: NDD
Cơ quan quản lý: FCA (UK), SCB (The Bahamas)
read more
SpaceX: Investors Aren't Buying Rockets—They're Buying the Future

SpaceX: Investors Aren't Buying Rockets—They're Buying the Future

With a valuation exceeding $2 trillion, SpaceX is no longer being judged by today's earnings or revenue multiples. Investors are backing a vision where satellite connectivity, artificial intelligence and space infrastructure converge into entirely new industries. The market isn't pricing what SpaceX is—it is pricing what the world could become.
Headway | 2h 50phút trước
Brent: The key to the mystery lies in TACO

Brent: The key to the mystery lies in TACO

The US dollar quickly recouped some of its losses as markets began to doubt the effectiveness of the US-Iran deal. Each side is presenting the agreement as a victory for itself, and the disagreements remain.
FxPro | 6h 15phút trước
Crypto: growth without the euphoria

Crypto: growth without the euphoria

The crypto market is rising cautiously with no signs of euphoria; Bitcoin is holding within a 10-day channel, while selling pressure is easing.
FxPro | 6h 17phút trước
Middle East deal optimism lingers as attention shifts to the Fed

Middle East deal optimism lingers as attention shifts to the Fed

US and Iran sign MoU but risk of last-minute drama remains elevated as Israel remains unhappy; Oil prices pause drop, while the dollar recovers most of Monday’s losses; BoJ hikes as widely expected, but dollar/yen still trades above 160; RBA pauses, aussie suffers; Attention shifts to Wednesday’s crucial Fed meeting;
XM Group | 8h 18phút trước
BoJ Rate Hike Strengthens Yen While Weak China Data Pressures Australasian Currencies | 16th June, 2026

BoJ Rate Hike Strengthens Yen While Weak China Data Pressures Australasian Currencies | 16th June, 2026

Asian markets were driven by the Bank of Japan’s 25-basis-point rate hike to 1.00%, its highest rate since 1995, boosting the Japanese Yen. Meanwhile, weak Chinese retail sales data pressured the Australian and New Zealand Dollars, raising concerns about regional growth. Investors are now focused on BoJ guidance, Chinese data, and Federal Reserve policy signals.
Moneta Markets | 8h 24phút trước