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Market selling might ease, but traders are on the sidelines until BTC confirms $20K as support

BTC and altcoins could continue to see selling, but a positive is that traders took shelter in stablecoins instead of completely exiting the crypto market.

Continue ReadingMarket selling might ease, but traders are on the sidelines until BTC confirms $20K as support

Bitcoin derivatives data shows no ‘bottom’ in sight as traders avoid leveraged long positions

Is it time to be greedy? Experienced market makers and arbitrage desks have turned strongly risk-averse as BTC price dropped to $22,600.

Continue ReadingBitcoin derivatives data shows no ‘bottom’ in sight as traders avoid leveraged long positions