By admin Around $276 million of Bitcoin derivatives were liquidated as a sharp price bounce forced crowded short sellers to close their positions, effectively flushing excess leverage out of the market. Bitcoin’s roughly 3 percent rally triggered these liquidations within a 24 hour window, with short sellers absorbing the majority of losses totaling approximately $188 […]
Tag: Iran
By Jordan Lyanchev Bitcoin continues to be susceptible to the developments and statements regarding the war in the Middle East, as it appears the only factor that has impacted its price moves over the past month and a half. The latest reports on the matter indicate that the talks between the US and Iran have […]
By Jordan Lyanchev Bitcoin’s price somewhat unexpectedly surged on Monday morning to mark a multi-day peak at over $70,000 before it was rejected and driven south by roughly two grand. Most altcoins have also followed suit and are in the red today, aside from CC and ZEC, both of which have posted some gains. BTC […]