Bitcoin is currently exhibiting a rare long-term oversold condition on two key technical indicators, suggesting the bearish trend may be nearing exhaustion. Analyst Katie Stockton highlights this alongside improving momentum, which could indicate the approach of a major market bottom rather than a brief rebound. Ether and other major cryptocurrencies also show signs of stabilizing, supporting the possibility of a broader market cycle change. Investors should watch support levels and momentum in the coming sessions to confirm if this trend reversal holds or if bearish pressure continues.
Bitway (BTW) led losses among the top 89 non-stablecoin cryptocurrencies, falling 13.82% to $0.909. Other significant drops included Zcash (ZEC) down 10.95%, NEAR Protocol (NEAR) down 10.79%, and Aave (AAVE) down 7.61%. Despite widespread declines, R...
Bitcoin experienced $11.6 million in long position liquidations within a one-hour period ending at 10:04 p.m. ET on November 2, according to combined data from Binance, Bybit, and OKX exchanges. This liquidation occurred as Bitcoin's price fell from ...
Over a 24-hour period, seven major cryptocurrencies including Bitcoin, Hyperliquid, Zcash, AudaCity, Lighter, Monad, and Sui experienced price declines. Bitcoin traded at $77,021, down 1.70%, while AudaCity saw the steepest drop of 10.38% to $0.0183....
A crypto derivatives account linked to address 0x4044570e13b5184f7eb2709de25a4eb766a4794c reduced its Bitcoin long position by approximately $7.71 million. The account has faced cumulative losses totaling about $20.91 million. This update was recorde...
After a security breach on Nov. 2 at Mercado Bitcoin, Brazil's largest crypto exchange, Chainalysis helped freeze nearly $10 million in stolen stablecoins across 17 blockchains. The exchange alerted Chainalysis early that morning, leading to rapid co...
