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Bitcoin's Plunge Wipes Out $530 Million as 160,000 Traders Liquidated
Bitcoin's Plunge Wipes Out $530 Million as 160,000 Traders LiquidatedBitcoin prices experienced a sharp correction after failing to break the $100,000 mark, plummeting below $93,000 and reaching a low of $92,666, exhibiting significant volatility. This dramatic swing resulted in over 160,000 traders being liquidated, incurring total losses of $530 million
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Bitcoin traders are eyeing a $70,000 target, US stock Bitcoin concept stocks climb
Bitcoin traders are eyeing a $70,000 target, US stock Bitcoin concept stocks climbBitcoin traders are once again targeting a $70,000 price, even after a short-term dip in the cryptocurrency market last weekend due to news about Tether stablecoin. US cryptocurrency exchange-traded funds (ETFs) continue to see strong inflows
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Bitcoin Traders Target $70,000 as ETF Inflows Persist
Bitcoin Traders Target $70,000 as ETF Inflows PersistBitcoin traders are once again setting their sights on the $70,000 mark reached in June, even after a broad decline across cryptocurrencies late last week. Meanwhile, funds continue to flow steadily into US exchange-traded funds (ETFs)
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Bitcoin Open Interest Surges to $19 Billion as Traders Rekindle Interest
Bitcoin Open Interest Surges to $19 Billion as Traders Rekindle InterestDespite a recent liquidation of $2.5 billion worth of futures contracts, leading to a reduction in positions for some traders, Bitcoin's open interest has seen a significant surge, now exceeding $19 billion
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Bitcoin Dips After Presidential Debate, Traders May See Harris Holding Slight Edge
Bitcoin Dips After Presidential Debate, Traders May See Harris Holding Slight EdgeSunil Jagtiani, senior editor for cryptocurrencies and digital payments, noted that Bitcoin began to pull back, falling over 1% to below $57,000, approximately 30 minutes after the start of the US presidential debate. Bitcoin has been considered a "Trump trade," as the president has publicly shown support for the digital asset industry
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Bitcoin Plunges to One-Month Low as Traders Await Nonfarm Payrolls Data
Bitcoin Plunges to One-Month Low as Traders Await Nonfarm Payrolls DataSINGAPORE, Sept. 4 (Caixin) - Bitcoin hovered near a one-month low on Thursday, as economic concerns triggered a broad sell-off in global risk assets
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The "Fake Breakout" Trap: A Nightmare for Contract Traders, or an Opportunity for Investors?
The "Fake Breakout" Trap: A Nightmare for Contract Traders, or an Opportunity for Investors?IntroductionThe digital currency market is full of various investment opportunities, but also harbors many risks. Contract trading, due to its high leverage feature, has become a "nightmare" for many players
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Bitcoin Faces Resistance at $65,000: Short-Term Traders to Break Even, Highly Leveraged Shorts at Risk
Bitcoin Faces Resistance at $65,000: Short-Term Traders to Break Even, Highly Leveraged Shorts at RiskBitcoins price is attempting to recover from its June slump, but on-chain data suggests it may face resistance around the $65,000 level. While historical data shows Bitcoin usually exhibits a strong rebound in July, technical analysis and on-chain metrics indicate any rally this month could be capped by selling pressure at the $65,000 mark
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Ethereum Traders Remain Bullish as Exchange Outflows Continue
Amidst the broader cryptocurrency market rally, Ethereum (ETH) has been one of the standout performers. Data from exchanges indicate that investors continue to move ETH to private wallets, signaling a holding mentality and expectations of future price appreciation
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Bitcoin fell to $35000, traders closed $300 million
Hello everyone, I am Wu Kong's Xiaowo. I am glad everyone can read this article
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Even if Bitcoin makes a comeback, why do day traders choose to leave?
According to the Zhitong Finance APP, although Bitcoin, the world's largest cryptocurrency, has rebounded in recent weeks, more than doubling its level after last year's catastrophic crash, Peter To, a 34 year old New York professional stock trader, said this is not enough to bring him back to the past. It is understood that between 2013 and 2017, PeterTo claimed to have earned over $1 million through intraday trading during the Bitcoin bull market
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Top traders discover bullish signals on Ethereum price charts
In recent analysis, renowned financial market analyst and trader Peter Brandt emphasized the eye-catching bullish signals on the Ethereum price chart. Brent utilized his expertise in technical analysis to delve into the complexity of chart patterns and reveal the prospects of Ethereum