![What Is Asset Tokenization? Types, Why It Matters Now [2025]](https://coininsights.com/wp-content/uploads/2025/05/asset_tokenization-360x180.png)
- Bitcoin collapsed to $42,500, triggering a widespread market crash.
- The 1-hour volume increased while many long positions were wiped out.
The enthusiasm about a Bitcoin [BTC] bull run in 2024 has faced a setback as the price fell by 4.85% in the last hour at press time.
According to CoinMarketCap, BTC started the 3rd of January above $44,000 with many predicting that the coin would hit $50,0000 before the month ends.
However, all that may have been put to rest at the moment as BTC’s press time price was a little above $42,500. Furthermore, Bitcoin was not the only cryptocurrency affected.
Solana [SOL] fell by 7% within the hour while XRP plunged by 12%. Ethereum [ETH] also joined in with a 5.30% plunge.
Bitcoin ETFs to be delayed?
At press time, AMBCrypto found that right before the dump Matrixport reported the U.S. SEC would not approve any Bitcoin ETFs this month.
The news sent panic waves around the market. Also, Economist and trader Alex Kruger noted earlier that a crash was coming.
Furthermore, Bitcoin’s trading volume surged as a result. At press time, BTC volume surpassed $40 billion. This was proof of high selling pressure. Liquidations have also affected traders, especially longs.
According to Coinglass, the Liquidation HeatMap showed that over $500 million had been wiped out. Bitcoin took a large part of the hit with $72.13 million.
Details from the HeatMap also showed that longs were the most affected.
Source: Coinglass
- Bitcoin collapsed to $42,500, triggering a widespread market crash.
- The 1-hour volume increased while many long positions were wiped out.
The enthusiasm about a Bitcoin [BTC] bull run in 2024 has faced a setback as the price fell by 4.85% in the last hour at press time.
According to CoinMarketCap, BTC started the 3rd of January above $44,000 with many predicting that the coin would hit $50,0000 before the month ends.
However, all that may have been put to rest at the moment as BTC’s press time price was a little above $42,500. Furthermore, Bitcoin was not the only cryptocurrency affected.
Solana [SOL] fell by 7% within the hour while XRP plunged by 12%. Ethereum [ETH] also joined in with a 5.30% plunge.
Bitcoin ETFs to be delayed?
At press time, AMBCrypto found that right before the dump Matrixport reported the U.S. SEC would not approve any Bitcoin ETFs this month.
The news sent panic waves around the market. Also, Economist and trader Alex Kruger noted earlier that a crash was coming.
Furthermore, Bitcoin’s trading volume surged as a result. At press time, BTC volume surpassed $40 billion. This was proof of high selling pressure. Liquidations have also affected traders, especially longs.
According to Coinglass, the Liquidation HeatMap showed that over $500 million had been wiped out. Bitcoin took a large part of the hit with $72.13 million.
Details from the HeatMap also showed that longs were the most affected.
Source: Coinglass
can i get generic clomid without insurance can i purchase clomiphene online order generic clomiphene without rx clomiphene rx for men can you buy clomid without rx buy cheap clomiphene tablets cheap clomiphene prices
More posts like this would prosper the blogosphere more useful.
More posts like this would prosper the blogosphere more useful.
order zithromax 500mg without prescription – order generic ofloxacin metronidazole drug
purchase semaglutide – periactin over the counter buy periactin 4mg sale
motilium buy online – purchase flexeril for sale buy generic flexeril