Bitcoin Plunges to $65K, Altcoins Bleed 10%-20% as Week Turns Ugly
Some $180 million of leveraged derivatives positions were liquidated across all crypto assets during the shake-out, CoinGlass veri shows.
World of Cryptocurrency
Some $180 million of leveraged derivatives positions were liquidated across all crypto assets during the shake-out, CoinGlass veri shows.
Bitfarms is expanding further into the US market, with rival Riot Platforms acquiring more shares of Bitfarms.
Bitcoin bears have been selling on every major rally for the past few months, and analysts say BTC will break this cycle once it ATHs.
The latest price moves in crypto markets in context for June 14, 2024.
Persistent testing of the lows sets the bears up for quick success with their next target at $60,000, one trader said.
Altcoins with market capitalizations below $10 billion may be poised to present “some opportunities” for investors who have been bearish since Bitcoin reached a new high in early 2024.
Bitcoin declined 6% in a week even as Nasdaq rallied to record highs.
Proof of Play’s crypto game Pirate Nation, based on A16z, received a listing on Coinbase shortly after its launch on Thursday.
The broker assigned the software company an outperform rating and a $2,890 price target.
BlackRock’s IBIT was the only ETF posting a net inflow on Thursday, while most of the funds recorded outflows.