$108,000 to $95,000 in 72 hours.

The Fed’s recent announcement: “Maybe we won’t cut interest rates as much” hit differently this time.

Funny how a few words from Jerome Powell can turn a perfect bull market into a spontaneous selloff. We’re talking about liquidations worth millions…

The strangest part? Nobody seems too worried. Maybe it’s because we’ve all seen this before…

Even the die-hard “buy the dip” people are taking their time. When was the last time you saw crypto traders practicing patience?

So what is actually happening in the market right now? Let’s understand everything! Here’s a quick look at the top headlines from the last 24 hours:

• The Bitcoin mining giants are going on a buying spree – MARA invested $1.53 billion in BTC, while Hut 8 secured $100 million in value. What makes these mining giants so confident? 🏭

• Solv Protocol snagged Hyperliquid for just $130,000 while others are paying millions. What makes this listing different from $2.5 billion and 25,000 BTC in reserves? 💡

• The HAWK token turned $491 million into dust in just a few hours. What really happened behind the scenes? And where did all the money go? 💸

• Craig Wright avoided prison with a suspended sentence after ignoring court orders on his Satoshi claims. How could he escape this? 👨‍⚖️

• The Fed’s inflation comments triggered a wave of liquidations worth $1.2 billion, causing Bitcoin to fall from $108,000 to $95,000. But how can such simple news shake up the market in this way? 📉

Let’s dive in!

Bitcoin mining giants MARA and Hut 8 just made power moves that caught everyone’s attention. MARA lost $1.53 billion and secured 15,574 BTC, while Hut 8 collected 990 BTC for $100 million.

MARA’s strategy is particularly interesting. They’ve raised nearly $2 billion through convertible notes – essentially betting that the future value of Bitcoin will more than cover their debt.

What makes these mining giants so confident? And why do they choose this moment to go all out? Read the whole story!

Solv Protocol just made its way onto Hyperliquid’s exchange through a surprisingly cheap auction worth $130,000 – a bargain considering current listings start at $2 million.

Solv Protocol has quietly built $2.5 billion in total value since May, and it’s not just another DeFi project. They have a huge reserve of 25,000 BTC and are using it to create yield opportunities through products like SolvBTC for various Layer 2 solutions.

The story continues