Bitcoin bounced back from its lowest level since September 2024, trading near $59,700 after dipping to around $58,100. Meanwhile, ether continued to decline, holding near $1,550, and U.S. equity futures showed signs of weakness. Market stress is evident as over $1 billion in leveraged futures positions, mostly longs, were liquidated in 24 hours, with bitcoin futures open interest rising sharply as traders increased short positions. Rising implied volatility and put option premiums indicate growing downside fears. Some altcoins like Aave and Solana bucked the trend with gains, but the overall crypto market remains under pressure amid cautious investor sentiment.
ZEC cryptocurrency jumped 11% to around $1,230, leading a broad crypto market rebound with Bitcoin climbing back above $82,000 after briefly dropping below $80,000. However, the US spot ZEC ETF saw a $15 million outflow, marking its fifth withdrawal ...
An unidentified whale or institution sold 1,601.1 Bitcoin (BTC) for 132 million USDC and purchased 53,095 Ether (ETH) over a five-day period, with an average purchase price of $2,497 per ETH. In the latest 24 hours, it sold 288.9 BTC for 23.48 millio...
XRP led spot trading volume on South Korea's largest exchange, Upbit, surpassing Bitcoin and Ether with $145.6 million traded on Oct. 15 and $108.3 million on Oct. 16. This surge comes as South Korea's Financial Intelligence Unit blocked 27 offshore ...
Bitcoin briefly fell below its key ascending channel and support level around $79,700 but quickly recovered to above $82,500, signaling strong bullish momentum. The price is currently forming a small bull flag pattern, suggesting a potential rise tow...
Bitcoin price briefly fell below $80,000 following a 6.3% rise in US Producer Price Index inflation, triggering hawkish comments from Federal Reserve officials signaling potential aggressive rate hikes. Despite the dip, large Bitcoin holders (whales)...
