• bitcoinBitcoin (BTC) $ 51,055.00
  • ethereumEthereum (ETH) $ 2,957.02
  • tetherTether (USDT) $ 0.999791
  • bnbBNB (BNB) $ 380.26
  • solanaSolana (SOL) $ 102.15
  • xrpXRP (XRP) $ 0.541795
  • staked-etherLido Staked Ether (STETH) $ 2,952.67
  • usd-coinUSDC (USDC) $ 1.00
  • cardanoCardano (ADA) $ 0.587105
  • avalanche-2Avalanche (AVAX) $ 36.29
  • dogecoinDogecoin (DOGE) $ 0.084954
  • tronTRON (TRX) $ 0.137869
  • chainlinkChainlink (LINK) $ 18.44
  • polkadotPolkadot (DOT) $ 7.77
  • matic-networkPolygon (MATIC) $ 1.02
  • uniswapUniswap (UNI) $ 12.37
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 51,034.00
  • the-open-networkToncoin (TON) $ 2.11
  • internet-computerInternet Computer (ICP) $ 12.40
  • shiba-inuShiba Inu (SHIB) $ 0.000010
  • bitcoin-cashBitcoin Cash (BCH) $ 266.37
  • litecoinLitecoin (LTC) $ 69.70
  • daiDai (DAI) $ 0.998878
  • immutable-xImmutable (IMX) $ 3.10
  • filecoinFilecoin (FIL) $ 8.06
  • cosmosCosmos Hub (ATOM) $ 10.32
  • leo-tokenLEO Token (LEO) $ 4.11
  • kaspaKaspa (KAS) $ 0.164572
  • bittensorBittensor (TAO) $ 590.44
  • nearNEAR Protocol (NEAR) $ 3.57
  • ethereum-classicEthereum Classic (ETC) $ 25.83
  • hedera-hashgraphHedera (HBAR) $ 0.107149
  • blockstackStacks (STX) $ 2.49
  • aptosAptos (APT) $ 9.43
  • optimismOptimism (OP) $ 3.57
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • stellarStellar (XLM) $ 0.116368
  • vechainVeChain (VET) $ 0.043542
  • okbOKB (OKB) $ 50.63
  • injective-protocolInjective (INJ) $ 34.08
  • lido-daoLido DAO (LDO) $ 3.19
  • celestiaCelestia (TIA) $ 16.63
  • render-tokenRender (RNDR) $ 6.99
  • mantleMantle (MNT) $ 0.772395
  • crypto-com-chainCronos (CRO) $ 0.092539
  • the-graphThe Graph (GRT) $ 0.256069
  • arbitrumArbitrum (ARB) $ 1.82
  • moneroMonero (XMR) $ 124.35
  • sei-networkSei (SEI) $ 0.809609
  • suiSui (SUI) $ 1.61
  • makerMaker (MKR) $ 2,022.59
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,244.35
  • beam-2Beam (BEAM) $ 0.031830
  • thorchainTHORChain (RUNE) $ 5.34
  • dydx-chaindYdX (DYDX) $ 3.73
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,022.13
  • algorandAlgorand (ALGO) $ 0.192487
  • elrond-erd-2MultiversX (EGLD) $ 57.62
  • flowFlow (FLOW) $ 1.02
  • aaveAave (AAVE) $ 103.61
  • quant-networkQuant (QNT) $ 103.51
  • bitcoin-svBitcoin SV (BSV) $ 74.24
  • flare-networksFlare (FLR) $ 0.040881
  • bitget-tokenBitget Token (BGB) $ 0.997666
  • starknetStarknet (STRK) $ 1.90
  • mina-protocolMina Protocol (MINA) $ 1.26
  • havvenSynthetix Network (SNX) $ 4.06
  • true-usdTrueUSD (TUSD) $ 0.974826
  • theta-tokenTheta Network (THETA) $ 1.24
  • ordinalsORDI (ORDI) $ 59.01
  • tokenize-xchangeTokenize Xchange (TKX) $ 15.40
  • heliumHelium (HNT) $ 8.53
  • the-sandboxThe Sandbox (SAND) $ 0.507642
  • fantomFantom (FTM) $ 0.404629
  • dydxdYdX (ETHDYDX) $ 3.73
  • chilizChiliz (CHZ) $ 0.124256
  • axie-infinityAxie Infinity (AXS) $ 7.96
  • bittorrentBitTorrent (BTT) $ 0.000001
  • worldcoin-wldWorldcoin (WLD) $ 7.80
  • siacoinSiacoin (SC) $ 0.017746
  • fetch-aiFetch.ai (FET) $ 0.987981
  • galaGALA (GALA) $ 0.030195
  • apecoinApeCoin (APE) $ 1.72
  • whitebitWhiteBIT Coin (WBT) $ 7.03
  • kucoin-sharesKuCoin (KCS) $ 10.53
  • cheeleeCheelee (CHEEL) $ 18.58
  • tezosTezos (XTZ) $ 1.10
  • osmosisOsmosis (OSMO) $ 1.55
  • blurBlur (BLUR) $ 0.685790
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000045
  • eosEOS (EOS) $ 0.812677
  • decentralandDecentraland (MANA) $ 0.490080
  • dymensionDymension (DYM) $ 6.17
  • frax-etherFrax Ether (FRXETH) $ 2,947.72
  • roninRonin (RON) $ 3.01
  • neoNEO (NEO) $ 12.68
  • astarAstar (ASTR) $ 0.159785
  • conflux-tokenConflux (CFX) $ 0.235992
  • akash-networkAkash Network (AKT) $ 3.86
  • kavaKava (KAVA) $ 0.811850
  • singularitynetSingularityNET (AGIX) $ 0.691915
  • arweaveArweave (AR) $ 13.21
  • iotaIOTA (IOTA) $ 0.271680
  • woo-networkWOO (WOO) $ 0.468101
  • pyth-networkPyth Network (PYTH) $ 0.549121
  • axelarAxelar (AXL) $ 1.42
  • gnosisGnosis (GNO) $ 316.73
  • oasis-networkOasis Network (ROSE) $ 0.121443
  • pancakeswap-tokenPancakeSwap (CAKE) $ 3.35
  • klay-tokenKlaytn (KLAY) $ 0.225063
  • bonkBonk (BONK) $ 0.000012
  • usddUSDD (USDD) $ 0.998487
  • wemix-tokenWEMIX (WEMIX) $ 2.02
  • curve-dao-tokenCurve DAO (CRV) $ 0.641680
  • manta-networkManta Network (MANTA) $ 2.89
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000124
  • swethSwell Ethereum (SWETH) $ 2,976.88
  • jupiter-exchange-solanaJupiter (JUP) $ 0.513864
  • msolMarinade staked SOL (MSOL) $ 119.53
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,169.47
  • frax-shareFrax Share (FXS) $ 8.60
  • ethereum-name-serviceEthereum Name Service (ENS) $ 21.40
  • fraxFrax (FRAX) $ 0.998554
  • ecasheCash (XEC) $ 0.000033
  • nexoNEXO (NEXO) $ 1.14
  • gatechain-tokenGate (GT) $ 4.75
  • corgiaiCorgiAI (CORGIAI) $ 0.002082
  • 1inch1inch (1INCH) $ 0.557805
  • jasmycoinJasmyCoin (JASMY) $ 0.012719
  • ondo-financeOndo (ONDO) $ 0.419340
  • illuviumIlluvium (ILV) $ 95.39
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,135.35
  • xdce-crowd-saleXDC Network (XDC) $ 0.041099
  • rocket-poolRocket Pool (RPL) $ 28.29
  • coredaoorgCore (CORE) $ 0.650887
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.33
  • altlayerAltLayer (ALT) $ 0.487310
  • iotexIoTeX (IOTX) $ 0.056845
  • zetachainZetaChain (ZETA) $ 2.23
  • pepePepe (PEPE) $ 0.000001
  • enjincoinEnjin Coin (ENJ) $ 0.353860
  • fasttokenFasttoken (FTN) $ 1.64
  • metis-tokenMetis (METIS) $ 93.55
  • tether-goldTether Gold (XAUT) $ 2,014.32
  • compound-governance-tokenCompound (COMP) $ 71.81
  • kujiraKujira (KUJI) $ 3.90
  • gmxGMX (GMX) $ 50.48
  • radixRadix (XRD) $ 0.045213
  • lido-staked-solLido Staked SOL (STSOL) $ 119.09
  • stepnGMT (GMT) $ 0.263628
  • casper-networkCasper Network (CSPR) $ 0.037873
  • skaleSKALE (SKL) $ 0.086076
  • compound-wrapped-btccWBTC (CWBTC) $ 1,025.07
  • terra-luna-2Terra (LUNA) $ 0.662380
  • nervos-networkNervos Network (CKB) $ 0.010120
  • aelfaelf (ELF) $ 0.622036
  • apenftAPENFT (NFT) $ 0.00000044
  • superfarmSuperVerse (SUPER) $ 0.950538
  • bitcoin-goldBitcoin Gold (BTG) $ 24.50
  • ribbon-financeRibbon Finance (RBN) $ 0.470156
  • mask-networkMask Network (MASK) $ 4.44
  • neutron-3Neutron (NTRN) $ 1.53
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • holotokenHolo (HOT) $ 0.002388
  • kusamaKusama (KSM) $ 47.05
  • strideStride (STRD) $ 4.73
  • celoCelo (CELO) $ 0.793452
  • ocean-protocolOcean Protocol (OCEAN) $ 0.702076
  • echelon-primeEchelon Prime (PRIME) $ 12.37
  • zilliqaZilliqa (ZIL) $ 0.023590
  • livepeerLivepeer (LPT) $ 13.47
  • compound-ethercETH (CETH) $ 59.42
  • zcashZcash (ZEC) $ 27.70
  • gasGas (GAS) $ 6.28
  • pax-goldPAX Gold (PAXG) $ 2,007.58
  • rollbit-coinRollbit Coin (RLB) $ 0.135992
  • api3API3 (API3) $ 3.79
  • aleph-zeroAleph Zero (AZERO) $ 1.30
  • pixelsPixels (PIXEL) $ 0.501227
  • convex-financeConvex Finance (CVX) $ 4.71
  • xai-blockchainXai (XAI) $ 1.38
  • origintrailOriginTrail (TRAC) $ 1.00
  • desoDecentralized Social (DESO) $ 36.35
  • hytopiaHytopia (TOPIA) $ 0.075788
  • basic-attention-tokenBasic Attention (BAT) $ 0.253644
  • stader-ethxStader ETHx (ETHX) $ 3,005.76
  • nosanaNosana (NOS) $ 4.41
  • safepalSafePal (SFP) $ 0.794062
  • pocket-networkPocket Network (POKT) $ 0.223641
  • moonbeamMoonbeam (GLMR) $ 0.428268
  • sushiSushi (SUSHI) $ 1.83
  • dashDash (DASH) $ 30.13
  • loopringLoopring (LRC) $ 0.279394
  • vethor-tokenVeThor (VTHO) $ 0.004739
  • nemNEM (XEM) $ 0.038439
  • flokiFLOKI (FLOKI) $ 0.000035
  • qtumQtum (QTUM) $ 3.27
  • oec-tokenOKT Chain (OKT) $ 19.02
  • golemGolem (GLM) $ 0.325607
  • chiaChia (XCH) $ 32.26

Crypto Market Saw Liquidity Reaches $172 Million In The Last 24 Hours As Grayscale Lawsuit

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The US court’s decision in favor of Grayscale sent shockwaves throughout the industry, prompting a surge in the value of Bitcoin and other cryptocurrencies.

Coinglass data has revealed that within the last 24 hours, the cryptocurrency market experienced a short-lived but substantial uptick.

Liquidation activities surged to a total of $172 million, with short liquidations accounting for approximately 68.6%, amounting to $118 million. Conversely, long liquidations stood at $54 million.

Crypto Market Saw Liquidity Reaches $172 Million In The Last 24 Hours As Grayscale Lawsuit

Source: Coinglass

The U.S. Court of Appeals for the DC Circuit ruled that the SEC’s denial of Grayscale’s request to transform its widely embraced Bitcoin trust into an exchange-traded fund (ETF) was erroneous.

This decision caused a ripple effect, propelling the price of Bitcoin up by 7% to reach $27,850 at the time the news was announced. This positive movement was mirrored across the overall spectrum of cryptocurrencies and crypto-related equities.

Grayscale’s legal clash with the SEC garnered immense attention from investors and industry stakeholders, who considered it a potential game-changer for a market often grappling with stagnation and liquidity issues.

Recent times have witnessed a remarkable drop in Bitcoin trading volatility, underscoring the significance of regulatory clarity.

Beyond its market impact, the ruling also offers solace to players in the crypto space who have been grappling with the SEC’s regulatory approach under the leadership of Chair Gary Gensler.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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