Bitcoin hits new 6-week high as Ethereum liquidates $240M more shorts
Retail traders are repeating past mistakes over and over, analysis concludes as bulls smoke late BTC and ETH shorters. Bitcoin (BTC) attempted to retake $21,000 on Oct. 29 as weekend trading began on a strong footing.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewDollar lurks as BTC price reboundsData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it rebounded overnight to local highs of $21,078 on Bitstamp — enough to clinch new six-week highs.The pair had seen a consolidatory phase ensue after its first trip to the $21,000 mark, the first time it had....
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Data shows $450 million in crypto futures has liquidated over the last 24 hours as Bitcoin has broken past $47k and the overall market has observed a surge. $450 Million In Crypto Futures Liquidates, 75% Of Which Involves Shorts Yesterday, Bitcoin and the wider market started on a sharp uptrend, taking the total market cap […]
The entire market capitalization of all 10,800 cryptocurrencies in existence is down 2.8% on Monday as bitcoin has lost over 2.4% during the last 24 hours. Meanwhile, bitcoin shorts are rising again after bitcoin shorts tapped a two-year high on the derivatives exchange Bitfinex on June 25. Bitcoin Shorts Climb Higher Bitcoin (BTC) and digital markets, in general, have seen better days as BTC tapped an all-time high above the $64K handle three months ago but is still down 48.66% since then. Roughly 17 days ago, on Bitfinex, the number of BTC/USD short positions skyrocketed to levels not....
The tally of "rekt" traders keeps mounting as Bitcoin revisits levels absent since September. Bitcoin (BTC) saw its highest levels since mid-September on Oct. 26 as BTC/USD approached the pivotal $21,000 mark.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBears lose big as Bitcoin climbsData from Cointelegraph Markets Pro and TradingView showed the pair tackling $20,700 at the time of writing, up over 7% in 24 hours.What began as an assault on $20,000 continued on the day, liquidations mounting further after already sealing the biggest shorts obliteration of 2022.According to....
Ethereum surged to a two-month high on Monday, as crypto prices have mostly moved higher following Friday’s nonfarm payrolls report. Bitcoin rose to a one-week high, as the token climbed above $24,000 to start the week. Overall, the global market cap is trading 4.11% higher as of writing.
Bitcoin
Bitcoin (BTC) was up for a second successive session to start the week, with prices moving closer to a key resistance level.
Following a low of $23,024.80 on Sunday, BTC/USD rallied to an intraday peak of $24,153.34 earlier in today’s session.
As a....
Ethereum has almost made back the gains from previous weeks with yesterday’s upside move and could be gearing up for another push above resistance. The second cryptocurrency by market cap is following the general sentiment in the market and seeing some relief after the influence of macro forces lessened, for the time being. Related Reading: Uniswap Soars 14% In Last 24 Hours – Can UNI Slingshot Past $6? At the time of writing, Ethereum (ETH) trades at $1,330 with a 9% profit in the last 24 hours and a 2% loss over the past week. In the crypto top 10, ETH is one of the best-performing....