Wintermute reports that despite recent volatility, Bitcoin's rally toward $80,000 is ongoing, driven by institutional investors and AI miners entering the market early. Unlike past cycles with steep crashes, this cycle shows a smaller drawdown, suggesting stronger support. The firm highlights two critical price points: $82,000 to trigger a buying frenzy and $72,000 as a key support level. Upcoming U.S. inflation data will be pivotal in determining if the bullish trend continues or pauses.
Avalanche (AVAX) traded around $9.74 on October 21, showing slight gains but continuing its downward trend from October after peaking above $11.50 in late September. Analysts highlight near-term support between $9.50 and $9.60, with broader support z...
Bitcoin increased by 2.9% to $83,802, with other major cryptocurrencies like XRP, Dogecoin, Ether, Solana, and BNB also posting gains. XRP led the top six assets with a 5.03% rise, while the total crypto market capitalization slightly decreased by 0....
Over the week ending Oct. 21, Monero (XMR), Venice Token (VVV), and PHALA (PHA) saw price gains while Bitcoin (BTC) and Ether (ETH) declined, indicating a split in the crypto market. XMR traded near $598, VVV rose about 12% to $25.70, and PHA increas...
A wallet associated with Fasanara Capital held $222 million in open positions on the Hyperliquid platform as of October 21, with 86.3% of its exposure in short positions. The largest shorts were $51.53 million in Bitcoin and $51.15 million in Ether, ...
Bitcoin's open interest in perpetual futures rose to $8.09 billion on Oct. 21, up 4.04% from Oct. 18, indicating growing trader engagement. Ether followed with $5.69 billion, while XRP saw the largest percentage increase at 5.57%. Solana was the only...
