Auto Added by WPeMatico

Bitcoin Hits $67.9K Mark, Short Positions Liquidated in Wake of Price Climb

At 9:35 a.m. EDT on Tuesday, bitcoin reached a peak of $67,922. By 10:20 a.m., it was still riding high, trading between $66,905 and $67,101, marking a nearly 3% increase.…

Continue ReadingBitcoin Hits $67.9K Mark, Short Positions Liquidated in Wake of Price Climb

Bitcoin Peaks at $67,991 Ahead of Trump’s Bitcoin Conference Appearance

Before former President Donald Trump’s appearance at the Bitcoin 2024 conference in Nashville, the price of bitcoin (BTC) climbed to an intraday peak of $67,991 per unit. This increase led…

Continue ReadingBitcoin Peaks at $67,991 Ahead of Trump’s Bitcoin Conference Appearance

Bitcoin Hedge Fund Shorts Reach New High Amid Price Fluctuations

Amid Friday’s downturn, following bitcoin’s decline to $68,450, the latest Commitments of Traders (COT) report from the Commodity Futures Trading Commission (CFTC) indicates that hedge funds are placing substantial bets…

Continue ReadingBitcoin Hedge Fund Shorts Reach New High Amid Price Fluctuations

Bitcoin Surpasses $70,000, Reaches Intraday High of $71,031

The price of bitcoin (BTC) climbed above the $70,000 mark on Tuesday, hitting an intraday peak of $71,031 on Bitstamp. This marks a nearly 3% increase over the past day,…

Continue ReadingBitcoin Surpasses $70,000, Reaches Intraday High of $71,031

Bitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges

On Feb. 24, 2023, bitcoin’s price remained above the $23,000 threshold and then rose to a peak of $23,829 per unit on March 1. On March 2 at 8 p.m.…

Continue ReadingBitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges

Bitcoin traders increase leverage longs even as crypto critics say BTC is a “pure Ponzi”

In the past 48-hours Bitcoin traders added to their leveraged long positions even as crypto critics and politicians ramp up their criticism of cryptocurrencies.

Continue ReadingBitcoin traders increase leverage longs even as crypto critics say BTC is a “pure Ponzi”