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…
View More Bitcoin Rally Catches Shorts Offside—$200M Liquidated As Price Hits $79,000
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…
View More Bitcoin Funding Rates Improve, But Signal Still Not Decisive: Glassnode
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…
View More Bitcoin Investors Remain Calm Despite Israel-Iran Conflict Escalation