Bitcoin’s sharp sell-off caught many traders off-guard, intensifying the rate of long liquidations, but data shows bulls stepping in to buy the dip.
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Bitcoin trades below nearly five percent from Monday’s record peak and remained mostly stable after the second consecutive monthly rise in US consumer prices revived uncertainty over the Federal Reserve’s rate-cut timetable. The benchmark cryptocurrency was recently quoted around $116,800, down from the all-time high above $123,000 set 24 hours earlier. The June Consumer Price […]
Bitcoin Sets New ATH—Crypto Bears Crushed In $453 Million Squeeze
Data shows the cryptocurrency derivatives market has seen a huge amount of liquidations following Bitcoin’s surge to a new all-time high (ATH). Bitcoin Has Rallied To A New Price Record After prolonged consolidation just under the ATH, Bitcoin has finally broken through to set a new record. Although brief, BTC’s move saw it touch the […]
Historic First: Ethereum ETFs Beat Bitcoin In Daily Flows
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