Bitcoin underwent its largest deleveraging phase since 2023 in 2026, driven by heavy liquidations of leveraged long and short positions amid volatile trading. Open interest on Binance briefly dropped below its 180-day average but later rose again, indicating leverage remains high. This deleveraging is seen as necessary for Bitcoin's health, with recent price surges above $80,000 sparking optimism about a potential end to the bear market and forecasts of a rise to $100,000 by year-end. However, experts warn that the renewed leverage also raises the risk of another deleveraging event.
Open interest in altcoin perpetual futures exceeded Bitcoin's on September 6, 2026, marking the first time since December 2024. This shift is driven by strong gains in mid-cap altcoins like Zcash, whose open interest hit a record $2.4 billion as its ...
Cryptocurrency markets display varied price changes, with Bitcoin trading around $79,394, slightly down by 0.68%. Ethereum and Binance Coin also dipped modestly, while some altcoins like LINK, TAO, and KAS saw significant gains, rising over 10%. Thes...
Bitcoin is trading close to $80,000 after briefly surpassing $82,000 earlier this month, supported by strong demand from U.S. spot Bitcoin ETFs which recorded nearly $1 billion in inflows last week, extending a three-week streak totaling about $3.8 b...
Bitcoin's price fluctuated around $79,600 as markets await the Federal Reserve's September 16 decision, with the probability of a rate hike at about 50% after cautious Fed signals. The European Central Bank may also raise rates mid-September due to r...
Cryptocurrency markets display varied price changes, with Bitcoin trading around $79,322, slightly down by 0.7%. Ethereum and Binance Coin also dipped modestly, while some altcoins like LINK (+8.79%), TAO (+13.02%), and ICP (+12.70%) saw significant ...
