Trending Articles

Bookmarked and Liked

Spiritual Trades

--

We Should Watch Out For BTC..$BTC 
BTC
88,193.62
+0.32%

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

0

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

Spiritual Trades

@Square-Creator-478b28360

Explore More From Creator

Patience And A Good Strategy. All You Need To Win In Everything. Trading Is The Best School I Ever Had.

--

There have been significant liquidations in the crypto market over the last 12 hours, totaling $140 million, with long positions accounting for $109 million and short positions at $31.06 million. In the past 24 hours, over 404,000 traders were liquidated, with total liquidations reaching $1.7 billion, including $1.62 billion in long positions. *Recent Liquidation Highlights:* - _Largest Single Liquidation_: $12.74 million BTC-USDT swap on OKX - _Global Liquidations_: 67,957 accounts suffered liquidations, totaling $135.67 million - _Bitcoin Liquidations_: $12.17 million - _Ethereum Liquidations_: $28.83 million These massive liquidations are largely driven by market volatility, high leverage, and sudden price movements. Traders are advised to manage risk by using lower leverage and setting stop-loss orders.

--

The crypto market is experiencing a sudden surge due to several factors: - *Institutional Adoption*: Increased investment from institutional players, such as MetaPlanet's plans to raise capital to buy more Bitcoin, is driving up prices. - *Regulatory Clarity*: Clearer regulations, like the GENIUS Act, are boosting investor confidence. - *Macroeconomic Factors*: Expectations of Federal Reserve rate cuts are fueling risk-on sentiment. - *Whale Accumulation*: Large investors, or "whales," are accumulating cryptocurrencies, signaling confidence in the market. - *Global Adoption*: Increased adoption in countries like the UAE, which has included Bitcoin in its national finance strategy, is driving growth. These factors combined are creating a perfect storm of bullish sentiment, pushing prices up. However, it's essential to note that the crypto market is highly volatile, and prices can fluctuate rapidly.

--

Bitcoin (BTC) is currently trading around $90,044.96, with a market cap of $1.80 trillion. The cryptocurrency has seen a slight decrease of 0.92% in the past day. *Recent Trends:* - _Price Movement_: BTC has been experiencing volatility, with a recent rebound from $80,000 to $91,000. - _Market Sentiment_: The Fear & Greed Index is at 20, indicating "Extreme Fear". - _Institutional Interest_: Bank of America recommends Bitcoin allocations, signaling growing institutional interest *Predictions and Forecasts:* - _Short-term_: $80,000-$96,000 range, with potential breakout above $100,000. - _Long-term_: $120,000-$150,000 by late 2025, driven by institutional adoption and macroeconomic factors. - _Bullish Targets_: $180,000 (VanEck), $250,000 (Arthur Hayes) *Key Support and Resistance Levels:* - _Support_: $80,400, $83,000-$85,000, $86,000 - _Resistance_: $89,300-$92,000, $100,000-$101,600 Keep in mind that cryptocurrency markets are highly volatile, and predictions are subject to change.

--

Huh And You May Think You Are Crazy By Just Staring At Figures. Now Look At This..

--

Latest News

VanEck Submits Application for Avalanche Spot ETF to SEC

--

Phishing Attack Victim Demands Return of Stolen USDT

--

Whale Purchases 5,678 ETH at $2,985.7 Each, Initiates New Accumulation Phase

--

Tether Seeks Software Engineer for AI-Driven Mobile Wallet

--

MSCI Considers Removing Crypto-Heavy Companies from Indexes

--

Cookie Preferences

Cookie Preferences