Bitcoin shows no ‘overheated’ signals despite new highs, says analyst
From a fundamental standpoint, Bitcoin is showing no signs of the asset overheating, according to Galaxy’s head of research. Go to Source
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Bitcoin Hits $64K Mark on Monday, Crypto Market Sees $200M in Liquidations
On Monday, Oct. 7, bitcoin (BTC) reached an intraday peak of $64,444, giving traders plenty to buzz about. By the end of Monday’s trading sessions, BTC had gained 2% against the U.S. dollar. The global crypto trading scene saw an impressive $92.617 billion in volume, with bitcoin grabbing a $29.85 billion slice of that pie. … Read more
Ethereum trader sentiment needs small bump for ETH to see ‘parabolic rise’
A crypto analyst is eyeing Ether’s funding rate rising above 0.015 to see if “the calm before the storm breaks.” Go to Source
US Bitcoin, Ethereum ETFs hit $6B volume amid market rout
Bitcoin sunk to under $50,000 at the start of US trading on Aug. 5, prompting a huge spike in trading volumes of crypto-related ETFs. Go to Source
Joe Biden’s withdrawal wiped $67M in long positions in 30 minutes
US President Joe Biden’s withdrawal from the 2024 presidential race led to a sharp crypto dip followed by a near-immediate correction, leading to huge liquidations. Go to Source
‘Bullish narratives’ erupt as XRP surges 35% this week
XRP has surged 35% this week and some traders are anticipating a breakout moment, pointing to a long-term trend they’ve been observing on the price chart. Go to Source
Traders eye $71.5K Bitcoin price as open interest jumps 13%
Bitcoin may be gearing up to move above $70,000 now it has reclaimed a critical level that traders have been closely watching for the past two months. Go to Source
‘Insane amount’ of Bitcoin shorters are hoping it won’t go to $70K
A hefty amount of Bitcoin short positions will be wiped if Bitcoin returns to $70,000, a price level it hasn’t seen in 12 days. Go to Source
Bitcoin open interest goes meteoric, traders warn of a ‘whipsaw’
Bitcoin’s open interest jumped $2.02 billion over three days, sparking concerns among traders about a potential “whipsaw” event. Go to Source
Bitcoin Surpasses $70,000, Reaches Intraday High of $71,031
The price of bitcoin (BTC) climbed above the $70,000 mark on Tuesday, hitting an intraday peak of $71,031 on Bitstamp. This marks a nearly 3% increase over the past day, adding approximately $1,891 in value since the 24-hour low. Bitcoin’s Price Stabilizes Above $70,000 Bitcoin remains steady above $70,000 at 1:05 p.m. EDT on June … Read more
