According to ChainCatcher, Bitcoin fell to $65,720 on Friday, its lowest price since March 2nd, with recent trading around $65,804, a drop of over 4% on the day. Ethereum fell about 4% to $1,980, Solana fell 5% to below $83, and BNB fell 3% to $608.
According to CoinGlass data, over $500 million in crypto positions were liquidated in the past 24 hours, nearly 90% of which were long positions. Strategy, the largest corporate Bitcoin holder with approximately $50 billion in Bitcoin, saw its stock, MSTR, fall over 5% intraday, dropping below $124, a one-month low. BitMine Immersion Technologies (BMNR), the largest publicly traded company with the largest Ethereum holdings, touched a monthly low of $18.42, a daily drop of over 4%. Crypto and stock trading platform Robinhood (HOOD) also fell to a monthly low, trading slightly above $66, with a cumulative decline of over 11% in the past month and over 50% in the past six months. All three major US stock indices fell, with the Nasdaq down 1.5%, and the S&P 500 and Dow Jones each down about 1%. The US president stated after the market closed on Thursday that he would suspend plans to strike Iranian energy facilities, but Israel subsequently stated it would "escalate" its attacks on Iran following a missile strike. Users of the prediction market platform Myriad currently believe there is a 64% probability that Bitcoin's next target is $55,000 rather than $84,000.
