• bitcoinBitcoin (BTC) $ 59,418.00
  • ethereumEthereum (ETH) $ 3,172.35
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  • bnbBNB (BNB) $ 534.05
  • solanaSolana (SOL) $ 144.09
  • usd-coinUSDC (USDC) $ 0.999963
  • staked-etherLido Staked Ether (STETH) $ 3,171.14
  • xrpXRP (XRP) $ 0.520202
  • the-open-networkToncoin (TON) $ 7.28
  • dogecoinDogecoin (DOGE) $ 0.112720
  • cardanoCardano (ADA) $ 0.428510
  • tronTRON (TRX) $ 0.139424
  • avalanche-2Avalanche (AVAX) $ 25.92
  • shiba-inuShiba Inu (SHIB) $ 0.000017
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 59,331.00
  • polkadotPolkadot (DOT) $ 6.19
  • chainlinkChainlink (LINK) $ 12.95
  • bitcoin-cashBitcoin Cash (BCH) $ 377.59
  • uniswapUniswap (UNI) $ 8.17
  • nearNEAR Protocol (NEAR) $ 5.29
  • leo-tokenLEO Token (LEO) $ 5.80
  • daiDai (DAI) $ 0.999426
  • litecoinLitecoin (LTC) $ 70.16
  • matic-networkPolygon (MATIC) $ 0.527665
  • wrapped-eethWrapped eETH (WEETH) $ 3,309.29
  • kaspaKaspa (KAS) $ 0.169845
  • internet-computerInternet Computer (ICP) $ 8.85
  • pepePepe (PEPE) $ 0.000009
  • ethena-usdeEthena USDe (USDE) $ 0.999085
  • ethereum-classicEthereum Classic (ETC) $ 22.28
  • aptosAptos (APT) $ 6.45
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.18
  • stellarStellar (XLM) $ 0.100024
  • moneroMonero (XMR) $ 156.49
  • makerMaker (MKR) $ 2,738.77
  • hedera-hashgraphHedera (HBAR) $ 0.070788
  • blockstackStacks (STX) $ 1.67
  • crypto-com-chainCronos (CRO) $ 0.091638
  • filecoinFilecoin (FIL) $ 4.28
  • cosmosCosmos Hub (ATOM) $ 6.17
  • render-tokenRender (RNDR) $ 6.14
  • mantleMantle (MNT) $ 0.722857
  • okbOKB (OKB) $ 39.36
  • vechainVeChain (VET) $ 0.028908
  • arbitrumArbitrum (ARB) $ 0.695832
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,215.77
  • immutable-xImmutable (IMX) $ 1.35
  • injective-protocolInjective (INJ) $ 20.41
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999275
  • suiSui (SUI) $ 0.767840
  • optimismOptimism (OP) $ 1.70
  • bittensorBittensor (TAO) $ 260.70
  • the-graphThe Graph (GRT) $ 0.191662
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,549.32
  • dogwifcoindogwifhat (WIF) $ 1.64
  • bonkBonk (BONK) $ 0.000023
  • arweaveArweave (AR) $ 24.60
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,298.82
  • notcoinNotcoin (NOT) $ 0.015361
  • aaveAave (AAVE) $ 100.67
  • lido-daoLido DAO (LDO) $ 1.67
  • bitget-tokenBitget Token (BGB) $ 1.03
  • ondo-financeOndo (ONDO) $ 1.00
  • theta-tokenTheta Network (THETA) $ 1.42
  • flokiFLOKI (FLOKI) $ 0.000145
  • whitebitWhiteBIT Coin (WBT) $ 9.54
  • fantomFantom (FTM) $ 0.488630
  • thorchainTHORChain (RUNE) $ 3.70
  • celestiaCelestia (TIA) $ 6.18
  • algorandAlgorand (ALGO) $ 0.145213
  • jasmycoinJasmyCoin (JASMY) $ 0.024179
  • based-brettBrett (BRETT) $ 0.116690
  • pyth-networkPyth Network (PYTH) $ 0.305362
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,169.36
  • jupiter-exchange-solanaJupiter (JUP) $ 0.784637
  • quant-networkQuant (QNT) $ 71.41
  • sei-networkSei (SEI) $ 0.326883
  • coredaoorgCore (CORE) $ 1.10
  • elrond-erd-2MultiversX (EGLD) $ 35.52
  • gatechain-tokenGate (GT) $ 7.17
  • flare-networksFlare (FLR) $ 0.019968
  • mantra-daoMANTRA (OM) $ 1.08
  • kucoin-sharesKuCoin (KCS) $ 9.18
  • flowFlow (FLOW) $ 0.575342
  • akash-networkAkash Network (AKT) $ 3.42
  • axie-infinityAxie Infinity (AXS) $ 5.59
  • eosEOS (EOS) $ 0.546868
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,223.62
  • dydx-chaindYdX (DYDX) $ 1.33
  • ethereum-name-serviceEthereum Name Service (ENS) $ 25.27
  • tokenize-xchangeTokenize Xchange (TKX) $ 10.00
  • bitcoin-svBitcoin SV (BSV) $ 40.34
  • galaGALA (GALA) $ 0.021717
  • bittorrentBitTorrent (BTT) $ 0.00000082
  • beam-2Beam (BEAM) $ 0.015554
  • tezosTezos (XTZ) $ 0.785474
  • msolMarinade Staked SOL (MSOL) $ 173.31
  • neoNEO (NEO) $ 10.81
  • fasttokenFasttoken (FTN) $ 2.35
  • usddUSDD (USDD) $ 0.999171
  • starknetStarknet (STRK) $ 0.562319
  • zebec-protocolZebec Protocol (ZBC) $ 0.014148
  • the-sandboxThe Sandbox (SAND) $ 0.314842
  • roninRonin (RON) $ 2.12
  • ordinalsORDI (ORDI) $ 33.18
  • gnosisGnosis (GNO) $ 265.01
  • ethenaEthena (ENA) $ 0.397171
  • lido-staked-solLido Staked SOL (STSOL) $ 169.76
  • fraxFrax (FRAX) $ 0.997418
  • nexoNEXO (NEXO) $ 1.14
  • mog-coinMog Coin (MOG) $ 0.000002
  • frax-etherFrax Ether (FRXETH) $ 3,169.53
  • decentralandDecentraland (MANA) $ 0.331531
  • ecasheCash (XEC) $ 0.000031
  • conflux-tokenConflux (CFX) $ 0.145627
  • chilizChiliz (CHZ) $ 0.068155
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,418.72
  • safeSafe (SAFE) $ 1.40
  • tether-goldTether Gold (XAUT) $ 2,411.06
  • pendlePendle (PENDLE) $ 3.78
  • zksyncZKsync (ZK) $ 0.157636
  • mina-protocolMina Protocol (MINA) $ 0.506635
  • dexeDeXe (DEXE) $ 10.04
  • havvenSynthetix Network (SNX) $ 1.69
  • klay-tokenKlaytn (KLAY) $ 0.149216
  • oasis-networkOasis Network (ROSE) $ 0.081585
  • popcatPopcat (POPCAT) $ 0.554277
  • astarAstar (ASTR) $ 0.076988
  • heliumHelium (HNT) $ 3.20
  • iotaIOTA (IOTA) $ 0.159710
  • book-of-memeBOOK OF MEME (BOME) $ 0.007682
  • swethSwell Ethereum (SWETH) $ 3,362.68
  • 1inch1inch (1INCH) $ 0.412698
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.90
  • wormholeWormhole (W) $ 0.282248
  • wemix-tokenWEMIX (WEMIX) $ 1.24
  • axelarAxelar (AXL) $ 0.702046
  • raydiumRaydium (RAY) $ 1.89
  • apecoinApeCoin (APE) $ 0.739163
  • worldcoin-wldWorldcoin (WLD) $ 1.82
  • true-usdTrueUSD (TUSD) $ 0.998460
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,457.08
  • nervos-networkNervos Network (CKB) $ 0.010905
  • aioz-networkAIOZ Network (AIOZ) $ 0.428060
  • xdce-crowd-saleXDC Network (XDC) $ 0.031098
  • livepeerLivepeer (LPT) $ 13.76
  • theta-fuelTheta Fuel (TFUEL) $ 0.069280
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.004527
  • apenftAPENFT (NFT) $ 0.00000045
  • pax-goldPAX Gold (PAXG) $ 2,396.08
  • bitcoin-goldBitcoin Gold (BTG) $ 24.79
  • kavaKava (KAVA) $ 0.398241
  • illuviumIlluvium (ILV) $ 64.73
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000020
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.01
  • stader-ethxStader ETHx (ETHX) $ 3,278.05
  • zcashZcash (ZEC) $ 26.93
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000074
  • usdbUSDB (USDB) $ 0.993833
  • layerzeroLayerZero (ZRO) $ 3.63
  • aevo-exchangeAevo (AEVO) $ 0.467705
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • aerodrome-financeAerodrome Finance (AERO) $ 0.716788
  • mx-tokenMX (MX) $ 3.78
  • echelon-primeEchelon Prime (PRIME) $ 8.62
  • magaMAGA (TRUMP) $ 7.96
  • woo-networkWOO (WOO) $ 0.191651
  • iotexIoTeX (IOTX) $ 0.038294
  • safepalSafePal (SFP) $ 0.766449
  • singularitynetSingularityNET (AGIX) $ 0.508918
  • h2o-daoH2O Dao (H2O) $ 0.422020
  • corgiaiCorgiAI (CORGIAI) $ 0.001014
  • curve-dao-tokenCurve DAO (CRV) $ 0.286800
  • stepnGMT (GMT) $ 0.147790
  • compound-ethercETH (CETH) $ 63.77
  • rocket-poolRocket Pool (RPL) $ 16.32
  • kusamaKusama (KSM) $ 21.81
  • constitutiondaoConstitutionDAO (PEOPLE) $ 0.065398
  • osmosisOsmosis (OSMO) $ 0.484425
  • beldexBeldex (BDX) $ 0.048255
  • compound-governance-tokenCompound (COMP) $ 47.39
  • memecoin-2Memecoin (MEME) $ 0.014641
  • aragonAragon (ANT) $ 8.02
  • arkhamArkham (ARKM) $ 1.37
  • golemGolem (GLM) $ 0.317052
  • holotokenHolo (HOT) $ 0.001745
  • dashDash (DASH) $ 25.91
  • zilliqaZilliqa (ZIL) $ 0.016352
  • dydxdYdX (ETHDYDX) $ 1.33
  • compound-wrapped-btccWBTC (CWBTC) $ 1,192.89
  • blurBlur (BLUR) $ 0.170358
  • justJUST (JST) $ 0.029865
  • blastBlast (BLAST) $ 0.016547
  • radixRadix (XRD) $ 0.027939
  • celoCelo (CELO) $ 0.538920
  • manta-networkManta Network (MANTA) $ 0.849002
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.003246
  • ankrAnkr Network (ANKR) $ 0.028287
  • project-galaxyGalxe (GAL) $ 2.38
  • enjincoinEnjin Coin (ENJ) $ 0.169437

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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