BTC +0.5% · ETH -0.4% · SOL -1.2% · $5M liquidated (87% longs) · top mover TON +31%
Meet TON, the cryptocurrency equivalent of a rebellious teenager who just got a surprise raise in allowance. It surged a whopping 31% in a single day, leaving everyone else in the dust. Meanwhile, the usual suspects, SOL and ETH, took a beating, down 1.2% and 0.4% respectively. The bears must have been having a field day, but unfortunately for them, the longs were the ones getting liquidated, to the tune of $5 million.
As the market continued to swing, the headlines were filled with warnings of ETF fever and Middle East tensions. But hey, who needs stability when you can have a good old-fashioned fear-driven slide? And slide they did, with Bitcoin hitting $62,850. In the end, it was the bears who got the last laugh, as the market's fear and uncertainty took center stage. The verdict: the bears won.