$1.68B Liquidations Crush Crypto as Bitcoin Slumps to $83K, Ether to $2.8K
The crypto market suffered another sharp sell-off over the past 24 hours, with total liquidations surging to $1.681 billion, dominated by $1.574 billion in long positions, according to Coinglass data. More than 270,000 traders were liquidated globally, with the largest single order, an $80.6 million BTC-USDT position, a recorded on HTX. The broader downturn pushed total crypto market capitalization below $3 trillion, shedding over 5% in a day. Bitcoin dipped to $83,000, while Ethereum fell to $2,754. Losses spilled into equities, with U.S.-listed crypto stocks sliding sharply, led by near-10% drops in Strategy and BitMine.
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Peter Schiff Says Bitcoin-Gold Ratio Slides 57% From 2021 Peak, Trails Gold and Silver Returns
Gold advocate and economist Peter Schiff said Bitcoin’s value relative to gold has fallen sharply, arguing the cryptocurrency is underperforming traditional safe havens. Citing current prices, Schiff said one Bitcoin is now worth about 15.5 ounces of gold, down 57% from its 2021 peak and only around 10% above its 2017 high. Despite increased promotion of Bitcoin by Wall Street firms and the Trump administration, Schiff claimed most investors would have seen better returns by holding gold or silver instead. #BinanceSquareOfficial
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Ripple has officially launched Ripple Treasury, a new corporate platform designed for managing both traditional cash and digital assets within a single system. The platform leverages Ripple's blockchain infrastructure and the software from GTreasury, a company Ripple acquired for $1 billion in October 2025. Key Insights Instant Settlements: The platform enables cross-border payments in just 3 to 5 seconds using Ripple's stablecoin, RLUSD, dramatically reducing the multi-day settlement times of traditional wire transfers.Unified Management: It provides a single, integrated view of traditional cash, digital assets, RLUSD, and XRP holdings, simplifying reporting and auditing for corporate finance teams.Liquidity Optimization: Companies can deploy idle capital 24/7 into yield-generating instruments like tokenized money market funds (e.g., BlackRock's BUIDL) and overnight repo markets, without needing to pre-fund overseas accounts.Regulatory Focus: The launch is part of Ripple's broader strategy to expand its regulated financial services, building on recent regulatory approvals like an Electronic Money Institution (EMI) license in the UK and a conditional national trust bank charter in the US.XRP's Role: Ripple executives have reaffirmed that the XRP token remains central to the company's strategy, enhancing its utility within the new treasury solution for fast, cost-efficient cross-border transfers. "SHARING IS CARING" XRP TO THE MOON LET'S MAKE XRP GREAT AGAIN Disclaimers:Info and knowledge sharing.Not a financial advice. DO YOUR OWN RESEARCH.(DYOR) #Ripple #GTreasury #Xrp🔥🔥 #XRPArmy #RLUSD