Roughly $600 million in long crypto positions were liquidated as traders cut leverage and reassessed exposure.
Crypto majors slide as tariff fears spark risk-off move; gold zooms to record highs
Roughly $600 million in long crypto positions were liquidated as traders cut leverage and reassessed exposure.
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The interest rate outlook has gotten appreciably softer over the past couple of weeks.
PLUS: Tim Draper sees parallels between the flight to BTC and Microsoft's early days.
Ark bought around 2.1 million BLSH shares in the past nine trading days, valued about $58.8 million based on the stock's closing price each day.
The cryptocurrency is currently testing a critical support zone around $744-$753, with traders watching to see if it holds or breaks.