By Jordan Lyanchev The past several days were quite eventful in all financial markets as volatility returned due to several macro factors. Unlike most previous occasions, bitcoin was on the right side of history this time, staging a massive rally that drove it higher by $15,000 within 48 hours or so before it was stopped […]
Category: News
By Jordan Lyanchev The cryptocurrency market is on the move again, but this time the altcoins have taken the spotlight. Ripple’s XRP has reemerged from the $1.00 support and skyrocketed past $1.65 for the first time in many, many months, surpassing BNB on the way. Meanwhile, bitcoin has rebounded from the dip to $76,200 and […]
By admin Bitcoin has recently surged to the brink of $80,000, briefly touching $79,500 in a dramatic move primarily driven by the forced liquidation of short positions. This explosive price action represents a 1-day gain of more than 10%, with 24-hour derivatives liquidations reaching into the billions. The overwhelming majority of these wiped-out positions were […]