Bitcoin Cash (BCH) surged 18% in the past day but remains down over 52% in the last 90 days. The rally is largely driven by increased leverage in the perpetual market, where long positions dominate and funding rates have spiked, signaling potential overheating. Meanwhile, the spot market shows weak demand with more selling than buying for 10 consecutive days, raising concerns about the sustainability of the price rise. BCH could still move higher toward $315 due to liquidity clusters, but the risk of a pullback toward $260 remains if momentum shifts, especially given resistance levels and the heavy long exposure.
Bitcoin Cash (BCH) fell about 10% in the past day, driven by large whale orders dominating both spot and perpetual futures markets. Analysis shows whales opened mostly short positions in the futures market, increasing selling pressure, while spot mar...
Cryptocurrency prices exhibit a range of changes, with Ethereum (ETH) rising over 7% and NEAR gaining more than 9%. Bitcoin (BTC) increased nearly 2%, while several altcoins like Binance Coin (BNB), Ripple (XRP), and Cardano (ADA) also posted gains. ...
Zcash (ZEC) dropped more than 10% to below $1,100 following hotter-than-expected US inflation data that sparked a broad crypto market selloff. The altcoin's market cap fell from over $20 billion to $18.5 billion, though it remains the 10th-largest di...
