Crypto Currency

Bitcoin slumps after rallying to all-time high

Cryptocurrency plunges as much as 13 per cent following record-breaking session

Published 5 years ago in
Bitcoin slumps after rallying to all-time high

Cryptocurrency plunges as much as 13 per cent following record-breaking session
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Crypto Currency

This is what “Wall Street crypto” looks like: IBIT options went vertical as Bitcoin hit $60k intraday

Bitcoin’s slide toward $60,000 came with the usual noise from exchanges, but the sheer size of the panic was evident somewhere else. Options tied to BlackRock’s iShares Bitcoin Trust (IBIT) traded about 2.33 million contracts in a single trading day, a record that arrived right as price was at its most unstable…

Published 20 hours ago in
This is what “Wall Street crypto” looks like: IBIT options went vertical as Bitcoin hit $60k intraday

Bitcoin’s slide toward $60,000 came with the usual noise from exchanges, but the sheer size of the panic was evident somewhere else. Options tied to BlackRock’s iShares Bitcoin Trust (IBIT) traded about 2.33 million contracts in a single trading day, a record that arrived right as price was at its most unstable…
Read More

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Crypto Currency

Bitcoin On-Chain Data Indicates High Volatility Ahead Following Post-CPI Reaction

Bitcoin has experienced another turbulent week marked by sustained downward pressure, reinforcing the broader bearish sentiment that has dominated the market in recent months. Despite late market relief on Friday, the leading cryptocurrency has struggled to reclaim key resistance levels and presently hovers around the $69,000 price region…

Published 20 hours ago in
Bitcoin On-Chain Data Indicates High Volatility Ahead Following Post-CPI Reaction

Bitcoin has experienced another turbulent week marked by sustained downward pressure, reinforcing the broader bearish sentiment that has dominated the market in recent months. Despite late market relief on Friday, the leading cryptocurrency has struggled to reclaim key resistance levels and presently hovers around the $69,000 price region…
Read More

Continue Reading
Crypto Currency

Bitcoin Shorts Reach Most Extreme Level Since 2024 Bottom

Bitcoin price is attempting another breakout toward $70,000 after weeks of choppy consolidation. BTC trades at $69,815 at publication, sitting just below the $70,610 resistance level. The largest cryptocurrency is trying to recover recent losses, yet mixed on-chain and derivatives signals present an uncertain short-term outlook…

Published 20 hours ago in
Bitcoin Shorts Reach Most Extreme Level Since 2024 Bottom

Bitcoin price is attempting another breakout toward $70,000 after weeks of choppy consolidation. BTC trades at $69,815 at publication, sitting just below the $70,610 resistance level. The largest cryptocurrency is trying to recover recent losses, yet mixed on-chain and derivatives signals present an uncertain short-term outlook…
Read More

Continue Reading
Crypto Currency

Bitcoin Eyes Untapped Liquidity: $64,000 Support Could Be Next Target

Bitcoin is hovering near key liquidity zones after a week of downward momentum, and traders are now eyeing untapped areas around $64,000. With price action showing potential short-term swings and H1 support under close watch, the next move could hinge on whether Bitcoin tests this low or reclaims higher levels first…

Published 20 hours ago in
Bitcoin Eyes Untapped Liquidity: $64,000 Support Could Be Next Target

Bitcoin is hovering near key liquidity zones after a week of downward momentum, and traders are now eyeing untapped areas around $64,000. With price action showing potential short-term swings and H1 support under close watch, the next move could hinge on whether Bitcoin tests this low or reclaims higher levels first…
Read More

Continue Reading