Bitcoin’s June Bloodbath Explained: Causes, Market Impact, And Outlook

Bitcoin’s price action in June has been marked by heavy selling pressure, with the leading cryptocurrency suffering one of its sharpest declines of the year. In the first five days of the month, Bitcoin has triggered more than $1.28 billion in long liquidations as prices plunged toward the critical $60,000 region. According to the renowned… Continue reading Bitcoin’s June Bloodbath Explained: Causes, Market Impact, And Outlook

Shiba Inu Bullish Momentum Explodes As Buying Pressure Intensifies

Trader sentiment in Shiba Inu derivatives market has done a complete 180 over the past week. Net positions — which sat at around -200 million just days ago, reflecting a market tilted toward short bets — have swung to more than +400 million in net longs as of May 11. That kind of shift in… Continue reading Shiba Inu Bullish Momentum Explodes As Buying Pressure Intensifies

Risk Runs Hot: Massive Crypto Liquidation Wave Slams Traders Overnight

A sharp rise in crypto liquidations is sending a louder message of how some traders are using more leverage in recent months. Average daily wipeouts have jumped from roughly $28 million in long bets and $15 million in shorts during the last cycle to about $68 million long and $45 million short in the current… Continue reading Risk Runs Hot: Massive Crypto Liquidation Wave Slams Traders Overnight

Bitcoin Hits 7-Week Low As $540-M In Trades Wiped Out

Bitcoin fell to its lowest levels since July 8 after Wall Street opened on Friday, with prices sliding and traders scrambling to reassess short-term plans. According to CoinGlass, 24-hour crypto liquidations neared $540 million as selling pressure intensified on major exchanges. Whales And Exchange Distribution Pressure Based on reports from market watchers, heavy selling by… Continue reading Bitcoin Hits 7-Week Low As $540-M In Trades Wiped Out

Bitcoin Futures Liquidation Forms Local Price Bottom — A Return To $65,000 Inevitable?

The price of Bitcoin hasn’t quite started the month as widely expected, falling to around the $60,000 mark on Thursday, October 3rd. This bearish pressure is believed to have been triggered by the escalating tension in the Middle East after Iran fired missiles into Israel. However, the premier cryptocurrency seems to be making a turnaround… Continue reading Bitcoin Futures Liquidation Forms Local Price Bottom — A Return To $65,000 Inevitable?