Bitcoin liquidates over $1 billion as BTC price hits 6-week highs
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....
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Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.Top Stories This WeekBitcoin suddenly hits $60,000 as a new resistance battle liquidates $850 millionA bout of long-overdue volatility has hit the crypto markets, propelling Bitcoin to highs of $61,276.67 on Saturday.A sudden push allowed BTC/USD to exit the $50,000 price range in the early hours of the morning. This move had been....
Shiba inu (SHIB) is up over 50% as of writing, with cryptocurrency markets continuing to gain momentum to start the week. The so-called ‘meme coin’ rally has seen SHIB recapture a $16 billion market capitalization.
Biggest gainers
On Monday, bitcoin (BTC) and ethereum (ETH) both reached multi-week highs, with DOGE and XRP also trading over 10% higher, however, none of these came close to today’s big gainer.
Shiba inu (SHIB) was today’s bull of the day, and was up by 48% as of writing, hitting an intraday high of $0.00003484 in the....
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....
Solana (SOL) has seen a massive 35% weekly surge to a new year-high of $220, closing last week above levels not since in nearly three years. As the cryptocurrency soars and whales accumulate, some market watchers suggested SOL is poised to fly to new levels soon. Related Reading: Ethereum Weekly Volume Hits $60 Billion As ETH Aims For Yearly Highs Solana Hits Three-Year High Price Solana has been one of the best-performing altcoins this bull run, seeing a massive surge in the past year. The cryptocurrency recently flipped Binance Coin (BNB) as the fourth-largest crypto by market....
SOL price continues to climb, with Solana’s TVL also hitting a new high of nearly $14 billion. The price of Solana’s native SOL coin edged up on Oct. 25 in the wake of a marketwide rally led by Bitcoin (BTC), with the total value locked (TVL) on Solana hitting record highs and SOL’s price seeing a promising technical setup.Bitcoin triggers marketwide rallySOL climbed by more than 6% to hit an intraday high of around $214. The price of SOL is now up a little over 35% over the past week, pushing it closer to its record high of about $222 set in early September.Bitcoin’s run-up to its new....