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Bitcoin Price Retreats to $68K on March 7 as $302.75M Crypto Liquidations Hit BTC, ETH and XRP
On March 7, the crypto market turned lower again, with Bitcoin pulling back toward $68,000 after briefly approaching $73,000 earlier in the week. Ethereum is trading near $1,976 and XRP around $1.36, while over $302.75 million in leveraged positions have been liquidated in the past 24 hours. Rising oil prices, weak U.S. jobs data and forced liquidations are contributing to the latest wave of selling pressure across digital assets.
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BTC
BTC-3.76%
4h fa
1-10
GMT Price Surges 40% in One Week as Breakout and Short Squeeze Lift Bullish Outlook for 2026
At the start of 2026, GMT sharply reversed its prior downtrend, jumping 40% in a week and climbing to $0.02260 with a 30% intraday move. The token broke out of a multi-week consolidation range, with RSI in overbought territory, CMF turning positive, and 24‑hour volume soaring over 1020% to $326.49 million. Derivatives data show over $1.55 million in shorts liquidated versus $355k in longs and open interest up more than 245% to $55.08 million, supporting expectations that GMT could test resistance near $0.02600 and potentially target $0.0300 to $0.03600 if momentum holds.
GMT
GMT-5.13%
1-10