Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Mantra (OM) Price Crashes 90% in an Hour: CEO Provides Explanation

It’s not often that we see multi-billion dollars worth of market capitalization being erased in a matter of hours. This was the case with Mantra (OM). The protocol, which was largely considered as one of the best RWA crypto projects in 2025 went through a massive crash, which erased 90% of its market value in less than an hour. Source: CoinGecko The OM price went from above $6 to below $1 in a moment, while liquidations surpassed $70 million, according to data from Coinglass. Speaking on the matter was JP Mullin, co-founder and CEO of the protocol, who explained: We have determined that the OM market movements were triggered by reckless forced closures initiated by centralized exchanges on OM account holders. The timing and depth of the crash suggest that a very sudden closure of account positions was initiated without sufficient warning or notice. Sherpas, OMies, and broader crypto community, First off, the team and I greatly appreciate the support that we have received over the past several hours, which we believe is a testament to the strong support MANTRA has among its investors and community. We have determined that… — JP Mullin (, ️) (@jp_mullin888) April 13, 2025 The post Mantra (OM) Price Crashes 90% in an Hour: CEO Provides Explanation appeared first on CryptoPotato . AMB Crypto

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Crypto Trader Unveils Massive Bitcoin Price Target Amid Extended BTC Bull Market – Here’s His Outlook

A widely followed crypto strategist believes that Bitcoin ( BTC ) can take the path of higher for longer this market cycle. Pseudonymous analyst Jack tells his 268,200 followers on the social media platform X that he thinks Bitcoin will not print a new all-time high this year after US President Donald Trump instigated a global trade war and created uncertain market conditions. The trader shares a chart suggesting that Bitcoin will create a durable bottom between $66,000 and $80,000 for the rest of the year before launching a new bull run in 2026. “Trump path clearly is contraction for now. But in that world of less globalization and trust, Bitcoin is a good asset to have, becoming a ball held under water. Similar to how 2013 saw a short bear [market].” Source: Jack/X Looking at the trader’s chart, he appears to suggest that Bitcoin will rally to as high as $297,000 by November of 2026. Jack says that one catalyst that could send Bitcoin flying is the potential capital rotation from gold to BTC. According to the trader, gold investors will eventually come to know that Bitcoin is far better than the precious metal as a safe-haven asset. “What if Gold is trading like it is because everyone is scrambling to redeem paper for physical, of which there is a scarcity, vs. all the paper that has been issued, essentially catching up to its true value that has been diluted with paper Bitcoin doesn’t have this issue and will rally once people realize it is the better alternative for trade due to this very specific property.” “Paper” gold refers to financial instruments that allow investors to gain exposure to the precious metal without having to deal with the expenses or logistics of physically possessing the commodity. Jack appears to be highlighting Bitcoin’s portability as BTC holders can easily store, access and transfer their coins as long as they have the keys to their wallet. At time of writing, Bitcoin is trading for $84,244. Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Crypto Trader Unveils Massive Bitcoin Price Target Amid Extended BTC Bull Market – Here’s His Outlook appeared first on The Daily Hodl . AMB Crypto