Hey everyone, you're watching CoinDesk Daily. I'm your host, Jen Sanasi.

NBA All-Star Kevin Durant has been locked out of his Coinbase account for nearly a decade.

That's until the crypto exchange stepped in.

CEO Brian Armstrong responded to a viral tweet about Durant to access issues on X, saying, quote, we got this fixed.

Account recovery complete.

Katie's Bitcoin holdings have appreciated significantly with the price of Bitcoin rising over 17,700% since 2016, when he bought them at the estimated price of $650 per coin.

As of this morning, Bitcoin is trading at around $ price of $650 per coin.

As of this morning, Bitcoin is trading at around $112,000.

Given that price, you're probably wondering, where is Bitcoin going from here?

Well, analysts are concerned about Bitcoin's bearish signs with an indecisive doji candle at a critical resistance.

This pattern forms when the open, high, and closed prices are

nearly identical, accompanied by a long lower shadow that reflects a sharp price decline quickly

reversed by buying pressure. On top of the technical indicator, the impending FedSpek and

PCE release could add to market volatility.

Thank you. could add to market volatility. And crypto traders saw more than one and a half billion dollars in bullish wagers liquidated on Monday,

triggering a sharp sell-off that hit smaller tokens the hardest. Ether, the second largest cryptocurrency by market cap, slumped nearly

$7 to $4,167 as nearly half a billion dollars of leveraged long positions were liquidated,

according to data from coin glass. Dogecoin dipped more than 10% to

lead losses among major tokens with Solana's Sol, Cardano's ADA, B&B chain's B&B, and Tron's TRX,

all in the red in the last 24 hours. More than 407,000 traders were liquidated in 24 hours,

making the highest losses in recent months as macroeconomic uncertainty

persists. That's a wrap for CoinDesk Daily. Get more updates on CoinDesk.com and we'll see you next time.

...