Bitcoin Plunges to $65K, Altcoins Bleed 10%-20% as Week Turns Ugly
BTC plummeted more than 2% in an hour to $65,200 during the U.S. trading session from around the $67,000 area. The leading crypto was down 7.5% over the past seven days
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BTC plummeted more than 2% in an hour to $65,200 during the U.S. trading session from around the $67,000 area. The leading crypto was down 7.5% over the past seven days
Tomorrow’s Fed “dot plot” of interest rate projection and forward guidance by Chairman Powell will be key for what’s next for the digital asset market, K33 Research said.
The cryptocurrency market liquidated over $345 million from trading positions in the last 24 hours. Surprisingly, $100 million were from … Continue reading
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U.S. regulators approved listing spot ETH ETFs but have not yet cleared to trade.
Bitcoin is showing resilience despite the slip, but the corrective period might continue for a while before a return to growth, one observer noted.
Momentum behind bitcoin’s rally has waned so expect a period of consolidation, Matrixport analysts noted.
Crypto markets slid as much as 10% in the past 24 hours, but have quickly been bought up by bulls.
Traders were moving capital from SOL to stablecoins suggesting profit taking, one analyst said in an interview.
Zhu is expected to be released from jail this month for good behavior, Bloomberg reported.
Short traders betting against higher bitcoin (BTC) prices lost some $90 million on Tuesday alone, adding on to the $70 million in short liquidations on Monday.