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Bitcoin had a rough Wednesday, starting the day above $62,000 but quickly slipping to a daily low of $60,541. The market turbulence didn’t stop there, as over $40 million in bitcoin long positions were wiped out. Across the broader crypto space, both long and short positions saw liquidations totaling $169.45 million in the past 24 … Read more
Bitcoin demand in the US is “strong,” but can the Coinbase premium save BTC price action from further downside? Go to Source
QCP Capital reports that the largest downward revision to U.S. payrolls in 15 years has raised concerns over the strength of the labor market. The report suggests that these revisions could influence the Federal Reserve’s decisions on interest rates. QCP Capital: U.S. Payroll Revision and Fed Policy Shift Market Dynamics QCP Capital‘s latest insights highlight … Read more
Bitcoin rebounded by over 8% overnight and there are three key reasons behind the rally, in addition to macro factors. Go to Source Powered by WPeMatico
