These altcoins are poised for growth amid recent Bitcoin decline causing $83M liquidations
Bitcoin’s recent dip below $40,000 triggered $83 million in liquidations. Cardano (ADA) stands resilient, leading in development and boasting a diverse ecosystem. Optimism (OP) gains momentum with the rising adoption of L2 solutions. The cryptocurrency market is navigating turbulent waters as Bitcoin’s recent price decline triggered nearly $83 million in liquidations. The impact of this […]
Crypto volatility back to FTX levels, with $791 million of liquidations in 4 days as SVB collapse rocks market
Key Takeaways Crypto volatility is back up to levels last seen when FTX collapsed in November $791 million of liquidations rocked investors between Thursday and Sunday $383 million of longs were liquidated on Thursday and Friday, the largest 48-hour number of the year News that deposits will be made whole at SVB propelled the market […]
Bitcoin’s break to $25k was fueled by massive liquidations
Bitcoin price broke above $22,500 to new highs above $25,000 amid the hunt for short stops and liquidations. The move to $25k resulted from short liquidations of over $155 million. While price could retreat to $24k, Bitfinex analysts say recent price movements could be indicative of a bottom. Bitcoin price rose above $25k briefly before […]