ETH price sharply recovered as market fears eased and derivatives stabilized, suggesting that a return to $4,500 could be Ether’s next stop.
Friday’s sell-off exposed a UI pricing bug on some pairs, Binance says — zero prices on screens, but orders and balances tracked true market levels.
Tensions between the two countries appear to have cooled off on Sunday, as representatives from both sides signaled a willingness to negotiate.
Ethena founder Guy Young said the USDe depegging event on Binance that sent the token to $0.65 was an isolated issue not tied to fundamentals.
ZEC recovered all its value lost during Friday’s market meltdown and also hit a recent high of $291 before dipping to the $270 level.
Crypto.com CEO Kris Marszalek has urged regulators to probe exchanges after $20 billion in liquidations, far outpacing any previous market crash, including FTX.
Bitcoin stayed near three-week lows after a giant $20 billion liquidation cascade, but crypto market predictions warned that the bottom was not yet in.
Satoshi’s $100-billion Bitcoin hoard remains untouched. In case it enters the market, it might have unexpected outcomes.
The US-China talks will “be central” to crypto traders’ market moves in the short-term, sentiment platform Santiment said.
The crash was caused by a perfect storm of short-term factors, causing $20 billion in liquidations — the worst 24-hour drain in crypto history.