Tag Archives: leverage

Mike Novogratz Points to Leverage as Driver of June Crypto Market Correction

Posted on by — No Comments ↓

TL;DR Galaxy Digital CEO Mike Novogratz identified excessive leverage as a key factor behind the June crypto drawdown. The view fits with a market environment where derivatives positioning can amplify spot-market weakness. Risk note: Do not add dramatic price targets or overstate the quote beyond the original wording. For more details, visit the official Galaxy… Continue reading Mike Novogratz Points to Leverage as Driver of June Crypto Market Correction→

Bitcoin’s June Bloodbath Explained: Causes, Market Impact, And Outlook

Posted on by — No Comments ↓

Bitcoin’s price action in June has been marked by heavy selling pressure, with the leading cryptocurrency suffering one of its sharpest declines of the year. In the first five days of the month, Bitcoin has triggered more than $1.28 billion in long liquidations as prices plunged toward the critical $60,000 region. According to the renowned… Continue reading Bitcoin’s June Bloodbath Explained: Causes, Market Impact, And Outlook→