Cryptocurrency Analysis and News Portal
Yesterday’s sudden crash saw the price of Bitcoin (BTC) fall 14% from roughly $9,450 to $8,101 in less than 15 minutes. This appears to have shaken out over-exuberant margin traders who longed near $10,000 on heavy margin.According to market data aggregator, Cryptometer, over $295 million worth liquidations occurred on BitMEX
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After managing to retake $7,200 on the weekend, Bitcoin tumbled lower on Monday morning, falling in tandem with global markets as the coronavirus continues to ravage economies. As of the time of this article’s writing, BTC is trading at $6,840 — just under 7% below the weekend’s highs of $7,300
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Over the past two hours, Bitcoin has rapidly reversed after it passed $7,000 on Sunday. As of the time of this article’s writing, the cryptocurrency trades at $6,675, some 8% below the daily high around $7,200. BTC wicked as low as $6,580 just minutes ago.According to data from Skew.com, this
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Despite the strength seen earlier this week, Bitcoin started to plunge on Saturday.After printing a bearish “Darth Maul” candle that resulted in a crucial reversal at $9,200, the cryptocurrency has trended lower and lower, falling as low as $8,325 just minutes ago as of the time of writing this article.
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Today the cryptocurrency market saw a huge drop in the price of Bitcoin (BTC). According to the data analytics provider Skew on Feb. 26, over $150 million worth of Bitcoin was liquidated on the trading exchange BitMEX, the most seen since the new year began. Millions of dollars of long
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Bitcoin took a substantial hit in trading on Monday, moving from $10,000 to $9,452, in just fourteen hours. The drop, which largely came on profit-taking sentiment, also saw Binance Futures registering one of its biggest long liquidations: worth $2 million.The overleveraged exit order did not switch Bitcoin’s long-term bias –
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Entire accounts were wiped out as XRP/USD on the Bitmex exchange tanked. Bitmex is not compensating traders whose stops were not executed. The Crypto Twitter community chimes in on the shocking development. Bitmex is once again grabbing headlines for all the wrong reasons. One of its newest products, the XRP/USD Perpetual Quanto Swap Contract,
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