Approximately $309 million in crypto liquidations occurred in the past 24 hours, driven by a Bitcoin-led short squeeze that increased market volatility. Bitcoin accounted for about $210.6 million of the liquidations, with Ethereum at $122.7 million. The surge caused significant forced liquidations across various tokens, highlighting the heightened volatility in the crypto market.
Crypto analyst Zynx predicts Bitcoin will reach $145,000 in 2026, based on the Bitcoin Power Law. The model forecasts a steady long-term rise, with projections reaching $200,000 in 2027, $265,000 in 2028, and over $1 million by 2030. The predictions suggest a sustained bull run with minimal bear markets over the next five years.
Bitcoin surged past $78,000 on April 22, 2026, amid geopolitical tensions and increased institutional interest. The rally follows recent macroeconomic developments, with traders optimistic about further gains. Bitcoin's price movement reflects growing confidence in its role as a store of value, with analysts predicting continued upward momentum in the coming weeks.
Core Scientific plans to raise $3.3 billion through a debt offering to fund its shift from bitcoin mining to AI-focused data centers. The company aims to issue 2031 notes, with JPMorgan backing a $1 billion credit line and asset sales supporting the transition. This move highlights a significant industry shift toward AI infrastructure.
PENGU experienced double-digit gains as Bitcoin reached $78,000 on April 22, 2026, amid a $418 million liquidation spree. The broader crypto market saw altcoins rally alongside Bitcoin, boosting market sentiment. Despite the positive movement, experts continue to advise caution due to ongoing volatility and liquidation activity impacting the market's stability.
Bitcoin is testing the $78,000 resistance level, with approximately $180 million in liquidations at risk. The cryptocurrency remains near this key price point as altcoins and memecoins rally, driven by a renewed risk-on sentiment in the market. The move indicates potential volatility and increased trading activity around Bitcoin’s current price.
Bitcoin reached $78,400, its highest since early February, after President Trump extended the US-Iran ceasefire. The move boosted Bitcoin's price, reflecting positive sentiment amid geopolitical stability. The rally highlights Bitcoin's sensitivity to global political events, with the cryptocurrency now trading at levels not seen in 11 weeks, signaling renewed investor confidence.
