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Bitcoin liquidates $23M in shorts as BTC price tags new September high

Bitcoin (BTC) extended volatility into the Sept. 8 Wall Street open as a classic “short squeeze” sparked new September highs.BTC/USD 1-hour chart. Source: TradingViewBitcoin offers a round trip to $24,400Data from Cointelegraph Markets Pro and TradingView showed BTC price movements liquidating shorts and longs alike.Bitcoin had seen upside momentum the

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Bitcoin price avoids 3-month lows as crypto dive liquidates $390M

Bitcoin (BTC) challenged three-month lows into June 10 as altcoins in particular felt the heat from United States regulatory pressure.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewAltcoin bloodbath as exchanges reshape landscapeData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $25,483 on the day, down over $1,200 from the

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Bitcoin’s dive under $27K liquidates $100M — So why aren’t margin traders flipping bearish?

Bitcoin’s price (BTC) broke below its 55-day support at $27,000 on May 12. In result, the two-day, 7% correction to $26,155 caused $100 million worth of long BTC futures contracts to be liquidated. However, Bitcoin margin and futures markets displayed strength during the down-move, fueling hope of a recovery toward

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Bitcoin price retargets $29K after Mt. Gox panic liquidates $320M

Bitcoin (BTC) returned to a familiar range on April 27 as panic over alleged Mt. Gox and United States government transactions faded.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Rough" price action keeps Bitcoin traders cautiousData from Cryptox Markets Pro and TradingView showed BTC/USD traded near $29,000 on Bitstamp, up nearly $2,000

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Silvergate liquidates, Silicon Valley Bank on receivership, and crypto selloff

Last week was mainly bearish as several macro events had a detrimental effect on the industry. Major developments, such as the voluntary liquidation of Silvergate and the crash of Silicon Valley Bank (SVB), disrupted the industry, resulting in a sell-off that pushed asset prices to multi-month lows. In addition, regulatory

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BTC price cools on latest US data as Bitcoin liquidates $80M in shorts

Bitcoin (BTC) trended toward $24,000 at the Feb. 16 Wall Street open after fresh macroeconomic data from the United States overshot estimates.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHot U.S. PPI data "rattles" marketsData from Cryptox Markets Pro and TradingView showed BTC/USD retracing some of its latest gains on the day, trading

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DeFi flash loan hacker liquidates Defrost Finance users causing $12M loss

Defrost Finance, a decentralized leveraged trading platform on Avalanche blockchain, announced that both of its versions — Defrost V1 and Defrost V2 — are being investigated for a hack. The announcement came after investors reported losing their staked Defrost Finance (MELT) and Avalanche (AVAX) tokens from the MetaMask wallets.Moments after

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Bitcoin hits new 6-week high as Ethereum liquidates $240M more shorts

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

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