A bitcoin whale on Hyperliquid opened a highly leveraged long position of 911.55 BTC, worth about $70 million, with 40x leverage. The current bitcoin price is less than 1% above the liquidation price of $76,308.60, meaning a small drop could trigger forced liquidation and a large sell-off. This highlights the crypto market's volatility and contrasts with Michael Saylor's long-term buy-and-hold approach, as he tweeted simply: "Just buy Bitcoin." Upcoming macroeconomic events like the Fed's interest rate decision and inflation data could further impact bitcoin's price in the coming days.
Bitcoin's price is currently stable within a rising channel but faces potential breakdown soon as technical indicators suggest downward movement. Despite strong inflation data and rising bond yields impacting the U.S. stock market negatively, Bitcoin...
Ondo (ONDO) rebounded 6.6% from a recent low but remains vulnerable due to a 10% weekly decline and weak momentum signals. Bitcoin also fell 2.1% last week, and the overall altcoin market dropped nearly 8%. Bitcoin spot ETFs saw significant outflows,...
Bitcoin's price hovered around $81,392 on October 20, facing immediate support at $81,100 amid short-term selling pressure and weakening U.S. demand. Technical indicators show a fragile position with resistance between $82,000 and $83,300, while a dr...
On October 20, Bitcoin saw the largest token inflows of $56.04 million and outflows of $29.14 million, indicating strong trading activity. The Korean won led fiat currency inflows into the crypto market with $5.10 million, slightly ahead of the euro....
TORCH token reached a new record high, while 12 other cryptocurrencies including DATA and BLUR set new all-time lows. The top five cryptocurrencies by market cap—Bitcoin, Ethereum, BNB, XRP, and Solana—remain significantly below their all-time highs,...
