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Bitcoin Price Analysis: BTC Reclaims $111,000 After Record $19B Crypto Liquidation

President Trump triggered what was possibly the biggest crypto crash in history. What started as just another volatile day descended into chaos after the US imposed 100% tariffs on China, leaving the markets reeling. Bitcoin (BTC) plummeted to a low of $102,000 on Binance, with fears of a drop below $100,000, as the cryptocurrency market shed over 10% of its value amid plummeting prices. Market Carnage The cryptocurrency market suffered tremendous losses on Saturday, with over $19 billion wiped out, according to data from Coinglass. Coinglass described the crash as “the largest liquidation event in crypto history.” Markets crashed after President Trump imposed 100% tariffs on China and new export controls on software. The announcement triggered a steep decline in Bitcoin prices, which fell to a low of $102,000 on Binance. However, it has recovered since and is currently trading above $111,000. CoinGlass also reported that over 1.6 million traders were liquidated over the past 24 hours, with over $7 billion in positions sold in less than an hour on Friday. However, it noted that total losses could be significantly higher. Meanwhile, Binance suffered a major outage, adding to an already chaotic day. Many users reported frozen accounts, failed stop-loss orders, and flash crashes that briefly sent some altcoins to near zero. Experts have warned of a broader market contagion, with some estimates predicting total liquidations above $30 billion. Brian Strugats, head trader at Multicoin Capital, stated, “The focus is now on counterparty exposure and whether this triggers broader market contagion.” Meanwhile, Caroline Mauron, co-founder of Orbit Markets, put Bitcoin`s next support line at $100,000, adding that a drop below this level could signal the end of the bull cycle. “A drop below this would signal the end of the past three-year bull cycle.” Crypto Community In Shock As Trader Shorts Bitcoin Right Before Crash The cryptocurrency community has been rocked by potential market manipulation after a trader shorted Bitcoin minutes before the market crash. According to crypto analyst Vivek Sen, the account was created on the same day of the crash, raising widespread suspicion and concern among the crypto community. “SOMEONE JUST OPENED A #BITCOIN SHORT 30 MINS BEFORE TRUMP`S TARIFF ANNOUNCEMENT AND JUST CLOSED WITH $88,000,000 PROFIT. HE OPENED THIS ACCOUNT TODAY.” Members of the cryptocurrency community have accused the trader of insider activity, with crypto attorney John Deaton calling for a full investigation. Saturday’s crash is one of the largest liquidation events in crypto history, triggered by the US government imposing 100% tariffs on Chinese goods and new export controls on software. The announcement sent shockwaves through crypto and financial markets, with Bitcoin , Ethereum, and other cryptocurrencies trading deep in the red. CoinGlass data revealed that $19 billion in leveraged positions were liquidated within 24 hours, with $7 billion of the liquidations occurring in just one hour on Friday. Bitcoin (BTC) Price Analysis Bitcoin (BTC) has reclaimed $111,000 after suffering one of the largest crashes in its history, plunging to a low of $102,000 on Binance. The flagship cryptocurrency traded above $122,000 on Wednesday before dropping to $121,000 on Thursday. However, markets crashed after the US announced sweeping tariffs on Chinese goods and new export controls after China announced curbs on rare earth minerals. The developments caught traders off guard, sending shockwaves through the market. Experts believe there is a chance for the decline to spill over into next week after the weekend. Head of Markets Ray Salmond stated, “If we look at liquidation heatmap data from Hyblock Capital, which basically shows where all the short and long positions are across various orderbooks at centralized crypto exchanges, we can see that there’s a liquidity pocket of long positions that are being exploited…that pocket extends from $120,000 to $115,000 and from $115,000 to $113,000.” However, spot Bitcoin ETFs helped cushion the downside, reporting net inflows of $2.72 billion for the week ending Friday. The Kobeissi Letter commented on Friday’s selloff, stating, “Volume was so strong that it led to the first EVER $20,000 candlestick in Bitcoin, a -$380 BILLION drop in market cap, before a V-shaped bottom as shorts were closed. Not only was this the largest liquidation ever, it was nine times the previous record. This event will be referenced for years to come.” Spot Bitcoin ETFs reported net outflows of $4.5 million on Friday. BTC heads into a crucial week, with a Senate vote on a stopgap funding bill, which could act as a catalyst for price action. The flagship cryptocurrency could rebound if the funding bill passes. Markets will also be watching for US-China trade developments as the APEC summit nears. BTC started the weekend positively, registering a marginal increase and settling at $122,458. Bullish sentiment intensified on Sunday as the price rallied, surging past $125,000 to a new all-time high of $125,559. However, it could not stay at this level and ultimately settled at $123,520. BTC surged to a new all-time high on Monday, crossing $126,000 to reach $126,296 before settling at $124,720. Despite strong bullish momentum, BTC retreated on Tuesday, falling nearly 3% and settling at $121,393. The price recovered on Wednesday, rising almost 2% to reclaim $123,000 and settle at $123,343. Source: TradingView Selling pressure intensified on Thursday as BTC fell to an intraday low of $119,713 before reclaiming $120,000 and settling at $121,714. Selling pressure intensified on Friday as President Trump imposed 100% tariffs on Chinese imports, decimating investor sentiment. As a result, BTC fell as low as $102,000 on Binance before closing the day at $112,980. The price continued dropping on Saturday, falling to an intraday low of $109,683 before settling at $110,768. BTC is up almost 1% during the ongoing session, trading around $111,649. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. U.Today

Bitcoin Surges to $114,777 as Crypto Economy Adds $170 Billion in a Single Day
On Sunday, bitcoin ( BTC) climbed to an intraday high of $114,777, marking a nearly 2.7% rebound in 24 hours. The surge reflects renewed confidence and heightened market activity as crypto traders react to shifting economic signals and buying momentum. From Caution to Renewed Conviction The global cryptocurrency market cap surged by $170 billion in U.Today