Bitcoin traded above $77,600, recovering from a recent dip, while XRP led gains with a nearly 3% rise to $1.36. Other cryptos like BNB and Solana also saw modest increases, but Ether lagged below $2,400. Despite the rebound, the broader crypto market remains weaker over the week, with Bitcoin down about 1%. Analysts note Bitcoin's support near $76,350, but warn of possible short-term correction due to historically weak September performance. Market focus now shifts to upcoming U.S. nonfarm payrolls data, which could influence Federal Reserve rate hike expectations and impact Bitcoin's momentum.
A Hyperliquid account held approximately $65 million in combined Bitcoin and Ether long positions on November 11, with unrealized losses of about $9.7 million. The account owned 536.89 BTC and 12,742 ETH, with liquidation prices near $71,966 for BTC ...
Ether (ETH) surged past 2,100 USDT on OKX, reaching 2,101.41 USDT with a 3.71% gain over 24 hours as of Nov. 11. This move reversed a slight dip below 2,100 USDT the previous day. Compared to other cryptocurrencies at the same time, Ether's gain was ...
Bitcoin fell below $75,000 following the release of U.S. Consumer Price Index (CPI) data that showed higher inflation than expected. This inflation indicator signals rising consumer prices, which impacted cryptocurrency markets by increasing volatili...
Bitcoin's price fell from near $80,000 to around $73,500 by Nov. 11, facing pressure from a descending trading channel and heavy liquidation clusters between $76,000 and $77,500. Analyst Tranquility Crypto warns of a potential further drop to $65,000...
Bitcoin experienced $25.2 million in long liquidations within an hour ending Nov. 10, coinciding with a 1.37% price drop from $74,160 to $73,144. Total liquidations across Binance, Bybit, and OKX reached $30.06 million, including $4.86 million in sho...
