Daily Crypto Roundup: Bitcoin Crashes to $58K as $1.48B Gets Liquidated — Short Squeeze Next?

Protect your crypto with Ledger

Trade crypto with Kraken and support Crypto News Today

Follow Crypto News Today on X

Bitcoin has crashed to around $58,000, triggering a brutal $1.48 billion liquidation wave across the crypto market. In today’s Daily Crypto Roundup, we break down why Bitcoin plunged below $60,000, how inflation fears and PCE data hit risk assets, and why traders are now watching for a possible short squeeze.We also cover the latest Bitcoin price prediction debate, rare on-chain signals suggesting Bitcoin could be near a major inflection point, and the growing pressure around Michael Saylor’s Strategy as investor trust comes under fire.Plus, BlackBerry is making a surprise comeback as an AI and robotics software play, showing where capital may still be moving even as crypto markets crash.Today’s episode covers Bitcoin, Ethereum, XRP, Solana, the wider crypto market crash, liquidations, inflation fears, Strategy stock, Michael Saylor, BlackBerry AI, and whether this panic move could actually be setting up the next major reversal.Not financial advice. Always do your own research.