Crypto market drops sharply

Jan 24, crypto market fell 3.4% as Bitcoin hit $66,510, with over 122,488 traders liquidated totaling $451.59M.

avatar

Hardware Wallet vs Software Wallet 🔐


In risk-off environments, Hardware Wallets perform better due to the recent hacking of exchanges; investors moved their assets off exchanges, reducing selling pressure in the short term. Software Wallets perform better in liquid markets due to rapid access and quick responses ⚡


Watch: exchanges and security updates.


On-chain: large outflows = accumulation; large inflows = distribution?


Trading: I keep key bags in hardware wallets and smaller sizes in software wallets for entries and scaling up on dips near support levels 🚨#US Bitcoin ETFs see outflow #Crypto liquidations surge #Crypto market drops sharply $XAUT $BTC $KCS

avatar

BREAKING: On-chain data reveals a risk-off shift. $SOL leads the decline, down 4.77%. $DOGE and $ADA follow, dropping 2.18% and 3.59% respectively. The DeFi market is under pressure. Technical setup indicates continued volatility ahead.

avatar

US stocks dipped Friday, dragging crypto names like Coinbase & Robinhood down 5-10%. Bitcoin briefly dipped below $66k. Nasdaq is in correction. Tech, gold, & Bitcoin have shed ~$17T recently due to Middle East tensions & inflation fears. #crypto #stocks #investing

avatar

📊 On-chain data suggests a broader market recalibration. We're tracking notable weakness in major Layer 1s: $ETH −2.90% and $ADA −2.98%. The technical setup indicates a key test of support levels is underway.

avatar

Why pricing oil in Bitcoin matters: Energy abundance shouldn't be "printed" into existence by central banks. Moving energy settlement to a hard-cap asset like $BTC reshapes global power structures from the ground up. 🌍 #Energy #DeDollarization

avatar

🚨 The quiet setup nobody is watching: every bearish signal in the market right now is geopolitical. Not structural. • The Russell 2000 entered correction territory, down 10.9% from its January high. • Gold had its worst month in 40 years. • The S&P dropped four straight weeks. And yet. • Bitcoin is up 12% since the war started. • Small caps surged 3% in a single day when peace headlines hit on March 23. That's not bear market behavior. That's a coiled spring. Small caps now trade at 19.5x earnings vs the S&P at 30x, the cheapest relative valuation in years. Projected earnings growth for small caps is 18.4%. For the S&P, it's 9.8%. The market is positioned for risk-off. But the catalysts are all temporary: war, oil, hawkish Fed posturing. The moment any of those break, the unwind is violent. Bitcoin already figured this out. Small caps are next.