News

BlockBeats News, April 23rd, according to Coinglass data, the entire network has liquidated $304 million in the past 24 hours, with $148 million in long liquidations and $156 million in short liquidations.

According to ChainCatcher, as reported by DL News, CoinMarketCap data shows that the MEME coin sector has risen nearly 20% in the past month, with a total market capitalization climbing to $34 billion. However, this is still down about 75% from its peak of nearly $140 billion in December 2024.

⑴ Crude oil prices recorded a fourth consecutive day of gains on Thursday, with Brent crude rising above the $103 per barrel mark. Anxiety among traders continues to mount as the diplomatic deadlock between the US and Iran shows no signs of resolution, and the near-total halt in traffic through the Strait of Hormuz is forcing capital to reassess previously overly optimistic expectations of a swift reconciliation.⑵ The optimistic tone that has pervaded Wall Street over the past several weeks is showing signs of fading, as market participants begin to face the reality that the disruption to energy infrastructure may last far longer than initially anticipated. Analysts warn that even if the waterway reopens in the short term, a full normalization of oil operations along the Persian Gulf coast will require a non-negligible delay.⑶ Suppressed by high energy costs, US stock index futures followed Asian and European markets slightly lower. On the stock level, Tesla fell more than 2% in premarket trading, primarily due to its disclosure of capital expenditure plans totaling $25 billion this year to support the rollout of its artificial intelligence strategy. Amid rising macro uncertainty, the prospect of such massive spending has prompted investors to adopt a cautious approach.⑷ Thursday's earnings calendar includes major companies such as American Express, Lockheed Martin, American Airlines, and Intel. US manufacturing and services activity readings, due to be released after the opening bell, will provide the market with an immediate gauge of whether the economy can withstand the ongoing shock of high oil prices.