At 9:35 a.m. EDT on Tuesday, bitcoin reached a peak of $ 67,922. By 10:20 a.m., it was still riding high, trading between $ 66,905 and $ 67,101, marking a nearly 3% increase. This uptick pushed bitcoin’s seven-day gains to 6.7% against the U.S. dollar. According to recent data, ‘Uptober’ returns now …
Ethereum’s Aug. 4 decline could have been fueled by the liquidation of a portion of long positions in perpetual futures, the Grayscale report concluded. The crypto asset’s decline was epitomized by its over 7% drop in just three minutes on Aug. 4. Jump Crypto’s rumored offloading of more than 17,500 ether coins, as well as […]
As of 9 a.m. EDT on Monday, the crypto market experienced a $ 1.15 billion loss in derivatives positions, with $ 975.93 million of these being long positions. Of that total, approximately $ 403.82 million came from BTC positions, while $ 364.98 million resulted from ETH positions being liquidated. Mass Liquidation …
In a recent analysis by Kaiko, it has been found that hedge funds are currently holding net short positions on bitcoin (BTC) and ether (ETH) futures. This strategic move reflects a cautious stance amid fluctuating market dynamics and speculative trading activities. Study Shows Hedge Funds’ Net Short Positions in Bitcoin and Ether Futures Amid Market […]
The price of bitcoin saw a significant fluctuation after remaining fairly consolidated over the past two days. After bulls managed to see bitcoin’s price rise to $ 71,754, the value dropped to a low of $ 68,557 per unit shortly after reaching the daily high. Liquidations Rise Following Bitcoin Price Drop Over the …