Data shows a large amount of Bitcoin short positions have been liquidated following the cryptocurrency’s surge to the $79,000 level. Bitcoin Has Surpassed $79,000 For The First Time Since Early February Bitcoin has seen a continuation of its recent bullish momentum during the past day as its price has hit the $79,300 level after a…
Data shows the crypto derivatives market has faced a fresh wave of liquidations as Bitcoin and other assets have gone through a retrace. Crypto Market Has Seen Liquidations Of More Than $462 Million According to data from Liquidation” refers to the forceful closure that any open contract undergoes after it has amassed losses of a…
Analytics firm Glassnode has highlighted how the Bitcoin Funding Rates have increased across the various exchanges, but still not to a high degree. Bitcoin Perps Funding Rates Have Surged In a new Funding Rate” is an indicator that measures the amount of periodic fees that traders on the futures market are exchanging between each other…
The price of Bitcoin has managed to stay afloat over the past few days despite the growing conflict in the Middle East and the ensuing bearish pressure. The premier cryptocurrency continues to hover around the $105,000 level, with its value down by merely 0.8% in the past week. According to the latest on-chain data, the…
Data shows that the indicators related to the Bitcoin derivatives market have recently been heating up, which could lead to more volatility in BTC’s price. Bitcoin Open Interest & Leverage Ratio Have Shot Up As pointed out by CryptoQuant community analyst Maartunn in a new Open Interest” here refers to a metric that keeps track…
