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Several altcoins, including ATOM and IOTX, briefly hit zero on Binance during Friday’s crypto crash but stayed afloat elsewhere.

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

BTC price action stabilized at around $112,000 ahead of fresh volatility into the weekly close and Bitcoin futures market open.

Bitcoin is retesting the golden cross, a bullish pattern that preceded past parabolic rallies, with analysts saying a breakout above $110,000 could trigger another move.

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Satoshi’s $100-billion Bitcoin hoard remains untouched. In case it enters the market, it might have unexpected outcomes.

Bitcoin’s $16,700 drop on Friday triggered $5B in futures liquidations, exposing a fragile market structure and renewed volatility despite this year’s spot BTC ETF-driven optimism.

The crash was caused by a perfect storm of short-term factors, causing $20 billion in liquidations — the worst 24-hour drain in crypto history.