-
As the Bitcoin and Ethereum prices exploded toward new all-time highs, the recently piled-on shorts have suffered the brunt of the liquidations. In the last day alone, over $360 million was liquidated from the crypto market with the majority hitting short traders. Coinglass data shows that the last 24 hours have been brutal for crypto shorts, with almost ...
-
Bitcoin has experienced a significant surge, gaining 8.5% within 24 hours to reach $71,926 on May 21. This move places Bitcoin just 2.5% shy of its all-time high. Moreover, BTC derivatives are showing favorable conditions for breaking new all-time highs in the weeks ahead. The 4% daily jump in BTC price appears to be spurred by growing optimism around the ...