Nearly $360M In Crypto Shorts Squeezed As Bitcoin Recovers To $116,000
Data shows cryptocurrency short investors have suffered large liquidations during the past day as Bitcoin and altcoins have made a recovery. Bitcoin, Ethereum Have Surged In The Last 24 Hours Bitcoin and other cryptocurrencies have witnessed a rally during the past day, breaking away from the slump the market had earlier fallen into. At the height of this surge, Bitcoin broke past $116,000, while Ethereum touched $4,250. Related Reading: XRP Flashes TD Buy Signal: Start Of Fresh Rally? The assets have since seen a small retracement. The chart below shows how BTC’s latest trajectory....
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Data shows the Bitcoin Fear & Greed Index has surged back into the neutral zone after the recovery rally in the cryptocurrency’s price. Bitcoin Fear & Greed Index Now Has A Value Of 51 The “Fear & Greed Index” refers to an indicator created by Alternative that measures the average sentiment present among traders in the Bitcoin and wider cryptocurrency markets. The metric uses the data of the following five factors to determine the investor mentality: trading volume, market cap dominance, volatility, social media sentiment, and Google Trends. The index uses a numerical....
This third edition of Cycling On-Chain takes a closer look at bitcoin’s ongoing supply squeeze and recent short squeeze.
Data shows the crypto derivatives market has suffered another large blow in the past day as the retrace in Bitcoin and others has squeezed longs. Crypto Sector Has Just Seen $700 Million In Liquidations On Friday, Bitcoin and other digital assets were shook by a sharp crash, resulting in a record amount of liquidations in […]
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....
Quick Facts: ➡️ Monero surges around 20%, reigniting the privacy narrative, as shorts are squeezed and an upgrade pipeline adds fundamental support. ➡️ The recent Fluorine Fermi update and the upcoming Full-Chain Membership Proofs are driving $XMR’s next phase of growth. ➡️ Best Wallet ($BEST) has raised $19.6M+ in presale with a token price of […]