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Bitcoin (BTC) shed almost $5,000 in a single day on Nov. 26 as bulls faced fresh disappointment.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin targets $54,000Data from Cryptox Markets Pro and TradingView followed BTC/USD as it headed toward $54,000 at the time of writing amid intense volatility.Holders saw major selling pressure after
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After what looked to be a month of prosperity following the August bull run, Bitcoin has now entered into an era of increasingly bearish signals. The asset had seen a number of rallies that pushed it over two-month highs, successfully breaking above the $52K resistance range on a number of
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Bulls have successfully managed to defend the BTC price against further losses below $29K. The largest cryptocurrency gained momentum on Wednesday and reclaimed the long-standing $30K support. The BTC/USD pair has gained a respectable 7% in the last 24 hours, hitting a high of $30,798 before correcting gains. Rebound Sparks Massive
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$8.09 Billion in trading positions have been liquidated in the last 24 hours720,927 crypto traders were liquidated in the last dayRetail investors were the main sellers during the dipThe largest single liquidation was a Bitcoin position worth $67 millionBitcoin liquidations top the list at $3.35 Billion in the last dayBitcoin
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The price of Ethereum (ETH) has risen another 5% today, reaching a new all-time high of $4150. At the time of writing, ETH was trading 4.6% higher at $4102, with a market capitalization of $477 billion. A massive amount of short positions have been liquidated across exchanges as Ethereum soars
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Bitcoin price fell yesterday by over 10%, and price action has been on a downward descent since. The selloff was in response to a variety of factors, including the introduction of a new ban in India, a CFTC probe into Binance, and a debate over what was thought to be
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In brief:Bitcoin fell from $58,369 to a local low of $47,619Bitcoin then rebounded to $55k before once again dipping to the $47,600 levelThe volatility caused $4.4 Billion in liquidationsThe crucial $50k support hangs in the balance as February comes to a closeThere could be additional selling pressure with Bitcoin futures
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Bitcoin topped $34,000 for the first time this weekend and has since seen a double-digital correction in price. The cryptocurrency’s most recent rally came as the Bitcoin network celebrated its 12th Genesis Block day, on Jan. 3 – the anniversary of when the first bitcoin block was mined in 2009.Top
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Liquidations for XRP futures contracts have soared at year’s end as bullish signals in November followed by decidedly bearish news in December whipsawed the token’s price.Over $1.5 billion worth of XRP futures contracts have been liquidated since the start of November, per data from analytics provider Bybt. Barely $700 million
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Quick take:78,156 traders have been liquidated in the last 24 hours as Bitcoin zoomed past $20kTotal liquidations in the same time period have hit $1.1 Billion$956.13 Million are Bitcoin liquidations90%+ of the liquidations were short positionsBitcoin’s $20k price ceiling has broken hard with the King of Crypto continuously setting all-time
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