Bitcoin shorters ‘are getting rekt’ after new $75K high
Almost $180 million in short positions in Bitcoin have been wiped as it hit a new all-time high, with an analyst saying it is “meaningful” that it is driven by spot demand. Go to Source
Nick Forster
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Trump victory may give crypto a ‘dopamine hit,’ but traders should be cautious
Crypto analysts suggest a Trump victory could give the crypto market a “dopamine hit,” but with considerable volatility already priced in, traders should remain cautious. Go to Source
Ethereum traders see limited ‘upside’ in ETH price beyond $2.6K
ETH options analysts say the “relatively small number” of Ether calls bought suggests that the altcoin’s price gains may be limited in the near term. Go to Source
Ethereum traders pricing in ‘more extreme movements’ ahead of US election
Traders appear less confident in Ether’s ability to “weather” the upcoming macroeconomic events compared to Bitcoin, according to a crypto analyst. Go to Source
Ether all-time high in 2024 ‘possible, but not highly likely’
A crypto analyst notes that while spot Ether ETFs have gained “Wall Street attention,” they now compete directly with tech stocks, which are delivering “better revenue and multiples.” Go to Source
