The price swing liquidated nearly $50 million of leveraged derivatives positions across all cryptocurrencies in one hour, CoinGlass data shows.

• The broad-market CoinDesk 20 index was down 3% over the past 24 hours, with BTC, ETH, XRP, ADA posting declines of as much as 4%.
• Fed governor Waller said he will advocate for "front-loading rate cuts if that is appropriate."
• A smaller, 25 basis-point cut would be more beneficial for asset prices, Fundstrat's Sean Farrell noted.FOR MORE DETAILS PLEASSE CLICK HERE!