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SYMBOL
LAST
BID
ASK
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SOURCE
SPX
S&P 500 Index
7489.71
7489.71
7489.71
7512.04
7399.83
+52.07
+ 0.70%
--
--
DJI
Dow Jones Industrial Average
52485.03
52485.03
52485.03
52623.14
51996.32
+276.97
+ 0.53%
--
--
IXIC
NASDAQ Composite Index
25373.84
25373.84
25373.84
25460.86
25004.33
+251.68
+ 1.00%
--
--
USDX
US Dollar Index
99.680
99.680
99.760
100.290
99.540
-0.110
-0.11%
--
--
EURUSD
Euro / US Dollar
1.15279
1.15279
1.15317
1.15461
1.14549
+0.00012
+ 0.01%
--
--
GBPUSD
Pound Sterling / US Dollar
1.34778
1.34778
1.34894
1.34935
1.34000
+0.00152
+ 0.11%
--
--
XAUUSD
Gold / US Dollar
4042.86
4042.86
4042.86
4111.58
4020.98
-60.36
-1.47%
--
--
WTI
Light Sweet Crude Oil
84.766
84.766
84.800
85.118
79.948
+2.136
+ 2.59%
--
--

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US President Trump: I Have Agreed To Cancel The Attack On Iran

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U.S. Secretary Of State Rubio: (Regarding Venezuela) You Need A Robust Legal System, Regulations, And Rules So That Investors From The United States And Around The World Can Safely Enter And Invest, Creating Prosperity. Ultimately, You Must Achieve A Transition

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Naval Task Group 83 Will Arrive In Indonesia To Begin Its Visit

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U.S. Secretary Of State Rubio: Cuba's Goal Is To "weaponize" These Coordinated Networks To Counter The United States And To Exert Pressure On "U.S. Policymakers" And Global Allies

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U.S. Secretary Of State Marco Rubio: The U.S. Immigration And Customs Enforcement Riots, Pro-Hamas Protests, And Other Radical Movements Are All Part Of A Coordinated Network That Includes Cuba

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According To Fox News: U.S. Secretary Of State Marco Rubio, Citing A U.S. State Department Report, Said That Cuba Aims To Use Radical Groups To Confront The United States

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Japanese Officials Say Finance Minister Satsuki Katayama Will Announce On Monday That Tokyo And Washington Have Taken Joint Action To Curb The Yen's Depreciation. The Joint US-Japan Intervention In The Yen Is "still Ongoing."

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U.S. Media: Saudi Crown Prince Expressed Concern Over Trump's Plan For A Large-scale Strike Against Iran And Urged Him To Exercise Restraint

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Turkish Foreign Minister: Today, I Spoke With Iranian Foreign Minister Araqchi, And We Discussed The Latest Developments In The Current (US-Iran) Negotiation Process. Turkey Will Continue Its Efforts To End The Regional Conflict And Establish Lasting Peace

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Trump Media & Technology Group Has Launched The Truth API, A Paid Service That Grants Subscribers Earlier Real-time Access To Posts On Truth Social Compared To Regular Users. The Service Costs Up To $100,000 Per Month And Is Primarily Targeted At Trading Firms And Corporations

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In Separate Phone Calls With The Turkish Foreign Minister And The Pakistani Army Chief, The Iranian Foreign Minister Warned The United States Against Taking Any "risky Actions."

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Ukrainian President Volodymyr Zelensky: I Spoke With The President Of The United Arab Emirates. We Discussed How The UAE Can Assist US In Europe, Particularly In The Black Sea Region. This Involves Food Security, Maritime Security, And Enhancing Our Ability To Protect Lives. We Also Reviewed Cooperation Projects In Several Areas. We Are Working To Ensure All Projects Are Implemented

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According To Sky News: Ukrainian President Zelensky Thanked The UAE President For His Continued Diplomatic Efforts In Facilitating Prisoner Exchanges Between Russia And Ukraine

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According To Sky News: The President Of The United Arab Emirates Spoke By Phone With Ukrainian President Volodymyr Zelensky To Discuss The Latest Developments In The Ukraine Crisis And To Strengthen Cooperation Between The Two Countries

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Spain Has Installed A 500-meter Floating Barrier In The Waters Off Ceuta After A Mass Migration Crisis In Morocco Killed At Least 67 People

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US President Trump: I Am Destroying The Iranian Currency. Iran Is Facing Severe Inflation

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U.S. President Trump Posted An Image: The 51st State (Venezuela)

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The European Union Announced It Will Convene An Emergency Meeting To Discuss The Ceuta Migrant Crisis

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Former US Vice President Harris: Trump Is An Isolationist Who Constantly Talks About "America First," But Because He Has Failed To Understand The Role The United States Plays—albeit An Imperfect One—he Has Caused Two Consequences: First, He Has Made The United States Seem Less Reliable As A Partner; And Second, He Has Reduced The Authority Of The United States To Exert Influence In Global Affairs To An Unprecedented Low

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Federal Housing Finance Agency Director Pulte: Following Discussions With President Trump And Jay Clayton, The Handover Of The Director Of National Intelligence (DNI) Is Scheduled For Monday

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U.S. Weekly Continued Jobless Claims (SA)

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South Korea Industrial Output MoM (SA) (Jun)

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Japan Unemployment Rate (Jun)

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Japan Jobs to Applicants Ratio (Jun)

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Japan Tokyo CPI YoY (Jul)

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Japan Tokyo Core CPI YoY (Jul)

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Japan Retail Sales YoY (Jun)

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Japan Industrial Output Prelim YoY (Jun)

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Australia PPI YoY (Q2)

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Australia PPI QoQ (Q2)

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China, Mainland NBS Non-manufacturing PMI (Jul)

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China, Mainland Composite PMI (Jul)

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China, Mainland NBS Manufacturing PMI (Jul)

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BOJ Monetary Policy Statement
Japan New Housing Starts YoY (Jun)

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BOJ Press Conference
France PPI MoM (Jun)

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Germany Unemployment Rate (SA) (Jul)

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U.S. Labor Cost Index QoQ (Q2)

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Canada GDP YoY (May)

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Canada GDP MoM (SA) (May)

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U.S. Chicago PMI (Jul)

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  • WTI
U.S. Weekly Total Rig Count

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U.S. Weekly Total Oil Rig Count

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  • USDX
South Korea Trade Balance Prelim (Jul)

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XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
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    HMD-XAU ! flag
    3206675
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    @Visitor3206675yes
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          Bitcoin Flash Crash Triggers $577 Million Liquidation

          Glendon

          Cryptocurrency

          Summary:

          Bitcoin's flash crash led to $577M liquidations. Large traders faced significant losses. Ripple effects observed in leveraged markets.

          Bitcoin Flash Crash Triggers $577 Million Liquidation

          Bitcoin experienced a sudden 5% drop to $118,000 on August 14, 2025, leading to $577 million in liquidations, primarily affecting leveraged traders on major exchanges.

          This crash exposed vulnerabilities in leveraged trading, impacting market stability and prompting scrutiny over exchange risk management practices.

          Sudden Price Drop and Liquidations

          Bitcoin experienced a sudden 5% flash crash to $118,000 on August 14, 2025, causing $577 million in liquidations within an hour. The event notably affected large BTC holders and leveraged traders across leading exchanges. Noah Smith, Crypto Market Analyst, Phemex, stated, "The sudden plunge in Bitcoin to $118,000 caught many large leveraged traders off guard, leading to massive liquidations across multiple exchanges."

          The crash primarily involved large leveraged traders who were liquidated as Bitcoin's price dropped sharply. Major exchanges like Binance, Coinbase, and others saw significant liquidation activities. However, no specific platform was identified as the catalyst.

          Effects on the Leveraged Markets

          The immediate effects were observed in the leveraged markets, where significant forced liquidations occurred. Traders faced sudden losses, and major exchanges confirmed these activities through public dashboards and APIs. Financial implications include widespread liquidations of long positions across derivatives platforms. Despite the volatility, spot prices quickly stabilized above $118,000, and some traders engaged in "buy-the-dip" strategies as markets recovered.

          Market Reactions and Future Outcomes

          The absence of official statements from Bitcoin's core dev team suggests no protocol-level issues. Market participants continue combing through on-chain data for further insights into what caused the abrupt price drop. Potential outcomes include increased scrutiny of exchange operations and leveraged trading practices. Regulatory bodies might consider strategies that address excess leverage in crypto markets. Historical trends suggest recovery but highlight vulnerability to sudden market shifts.

          Source: CryptoSlate

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