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BTC, XRP, SOL, ETH Witness 'Long Squeeze' as Futures Open Interest Slides With Prices
16 Articles
16 Articles
Crypto Liquidations Near $1 Billion As XRP, Dogecoin Crash 10% - Overpasses For America
The cryptocurrency derivatives market has suffered heavy liquidations as altcoins like XRP (XRP) and Dogecoin (DOGE) have plummeted. Crypto Has Seen Almost $1 Billion In Liquidations During The Past Day According to data from CoinGlass, the cryptocurrency derivatives sector has been shaken up by a wave of liquidations in the last 24 hours. “Liquidation” here refers to the forceful closure that any open contract undergoes when its losses exceed a…
BTC, XRP, SOL, ETH Witness 'Long Squeeze' as Futures Open Interest Slides With Prices
Thursday's price pullback in major cryptocurrencies is probably the result of a long squeeze, or unwinding of leveraged bullish plays, rather than an outright bearish stance.The CoinDesk 20 Index (CD20) of the largest, most liquid tokens has lost 6.8% in the past 24 hours, with bitcoin (BTC), the leading cryptocurrency by market value, falling almost 1% having failed to maintain gains above $120,000. Among major altcoins, ether (ETH) dropped 3%,…
Bitcoin Stabilizes at $118,500 While Altcoins Face $967 Million in Crypto Liquidations
TLDR Bitcoin consolidates below $120,000 with on-chain indicators showing expansion without overheating signs Crypto derivatives market sees $967 million in liquidations with long positions taking $829 million hit XRP and Dogecoin drop 10% while Bitcoin remains stable, suggesting capital rotation from altcoins Ethereum leads liquidations at $200 million, followed by XRP at $115 million Open Interest for top altcoins grew from $26 billion to $44…
The cryptomonies market was hit on Friday by a rapid fall of 6.7%, which led to the loss of over 160 billion dollars in total capitalisation. Why do so much fall prices and what follows for bitcoin, Ethereum and XRP? Gross decrease in capitalisation: bitcoin, Ethereum and XRP on red crypto Market [...]
Crypto Market Cap Drops Over 6% as Bitcoin, ETH and XRP Enter Red — What’s Going On?
The global crypto market took a sharp turn Friday, shedding about 6.7% in value and knocking over $160b off its total market cap, now hovering around $3.84 trillion, according to data from CoinGecko. The drop comes after four consecutive green weekly candles, suggesting the bullish momentum that car...
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