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Bitcoin, Ethereum futures: Buyers re-building market?
In an effort toward recovery, BTC surged by 15.01% on 19 March, which took its valuation from $5,475 to $6,296. Bitcoin has once again breached the $6k barrier and was trading at $6,225.85, at press time. It will be important to see if the coin is able to hold ground above $6k or is met with strong resistance going forward. As the price of Bitcoin surged in the market, BitMEX’s Bitcoin futures saw buyers flooding in the market and going long on the coin. According to data provided by Skew, BitMEX’s platform reported total liquidations of $76 million, with $59 million being the Buy liquidations and the remaining ... (full story)