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The cryptocurrency derivatives market experienced a sharp spike in volatility over the past hour, with approximately $379 million worth of futures positions liquidated across major exchanges. Data aggregated from trading platforms shows that the broader 24-hour liquidation figure has reached $2.365 billion, underscoring the intense price swings currently gripping digital assets.
$XRP trading is increasingly taking place during the hours when the London and New York markets are open simultaneously
Crypto bears just had one of their worst hours of 2026. Short positions worth $1.23 billion were liquidated in 60 minutes as Bitcoin (BTC) climbed 2.5% to near $68,424.
Currencies38583 Market Cap$ 2.27T+1.43% 24h Spot Volume$ 16.31B+49% DominanceBTC56.16%-0.39%ETH10.11%-0.06% ETH Gas0.07 Gwei Market Aug 17, 2026 < 1min read byCoin Edition forCoinEdition