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Crypto Trends Chart Book: Understand What is Moving in the Market and Why

Signals That Move Markets

Following the release of the FOMC minutes from June last week, Bitcoin broke out sharply, triggering the largest wave of short liquidations in Bitcoin futures since 2021. This liquidation cascade extended into early Monday Asia hours and coincided with a spike in this week’s altcoin unlock schedule, from $500 million to $1.5 billion. Historically, such large unlocks have been associated with altcoin rallies, and this week’s "Crypto Week" in the U.S. may be fueling expectations of favorable regulatory developments.

Bitcoin saw $903 million short liquidations during the last 7 days

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