Tag: 103K

$900M liquidated from crypto market as Bitcoin tops $103K

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Bitcoin surged above $103,000, causing a wave of forced exits that resulted in the liquidation of over $900 million in the last 24 hours. This represents a 200% increase in liquidations over the previous day, according to Coinglass data. Bitcoin (BTC) shorts accounted for $321 million in liquidations. At the same time, open interest increased by 5% to $133 billion, indicating that new leveraged bets are entering the market.The average crypto relative strength index has also risen to 70, signaling overbought conditions. The spike in liquidations followed a rapid market…

Bitcoin Technical Analysis: Price Teeters at Key $103K Support – Will Bulls Defend or Bears Take Over?

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Bitcoin, priced at $103,458 to $104,206 over the past hour with a 24-hour trade volume of $70.41 billion and a market valuation of $2.06 trillion, has seen an intraday price range between $102,784 and $107,245, signaling active market participation and notable volatility. Bitcoin Bitcoin‘s one-hour chart shows a bearish pullback dominating the short-term trend following […] Original

Here’s why Bitcoin needs break above $103k to escape bearish territory

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Despite holding above $90,000, Bitcoin faces mounting bearish signals, leaving traders cautious about a potential reversal. Bitcoin’s (BTC) momentum is turning bearish despite holding above $90,000, as Matrixport reports expanding lower Bollinger Bands, an approaching Greed & Fear Index of 10 — a historically key level for tradable lows — and a growing chance of downside. In a Friday research note, analysts at the Singapore-based blockchain firm said the 30-day rolling return is “nearing -10%, a level that has slowed or reversed downtrends since late 2022,” suggesting a potential opportunity…

Bitcoin surpasses $103k as Metars, Galxe, Shiro Neko rally

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Metars Genesis price surged 80% as Bitcoin has held steady above the $100,000 level. The crypto market cap shows no major momentum in the last 24 hours. Bitcoin (BTC) surpassed the $103,100 level at the last check Sunday. Source: CoinGecko As per CoinGecko data in a comparison of the top 300 coins, Metars Genesis has emerged as the top gainer in the last 24 hours. Metars has spiked over 80% from a 24-hour low of $3.76 to as high as $11.32. The coin’s price has also seen a more than…

Bitcoin remains volatile despite $103k milestone: Scaramucci

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SkyBridge Capital founder Anthony Scaramucci has shared a measured perspective on Bitcoin’s volatility amid recent price surges. Speaking to Yahoo Finance, Scaramucci stressed the importance of long-term investment horizons and institutional adoption of Bitcoin (BTC). He detailed both the risks and opportunities in the current crypto market environment. “Bitcoin is the type of asset, I always tell people, if you’re going to buy Bitcoin, you got to hold it for a four-year period of time,” Scaramucci stated. Scaramucci points out recent Bitcoin pullback During the conversation, Scaramucci pointed to the…