Crypto traders betting on a rally lose $563 million in liquidations. Ether and bitcoin suffer the most
Ether and bitcoin led liquidations, as their prices dropped on macroeconomic concerns.
Traders
XRP traders target $1.5 as Ripple-linked token tops bitcoin (BTC) volumes in Korea
XRP is back at the top of South Korean trading screens. The token’s won pair was the most traded market on Upbit over the past 24 hours, with about $110.9 million in volume, ahead of bitcoin’s $88.6 million and ether’s $67 million, CoinGecko data shows.… Read More
A sports betting ETF bitcoin traders may want to watch
Alternative investment vehicles such as exchange-traded funds (ETFs), led by BlackRock’s IBIT, hold sway over bitcoin’s price. That is well known by now. But another ETF from the betting world has been moving in lockstep with bitcoin’s BTC$80,984.66 cycles since 2020, with an interesting pattern… Read More
Bitcoin drifts toward $60,000 as traders brace for potential washout: Crypto Markets Today
Bitcoin BTC$63,304.16 fell for a fourth straight day to around $63,100, its lowest since Feb. 6’s $60,200, CoinDesk data show. The latest move to the downside coincides with risk-off sentiment from investors across global markets. U.S. equities have lost ground this week, and the dollar… Read More
Memecoins drift lower as traders defend resistance zones
Dogecoin edged down to $0.123 while Shiba Inu slipped to $0.000007165, with both tokens failing to sustain rebounds during U.S. hours as bitcoin’s attempted bounce faded and ether stayed heavy — a setup that kept meme coins pinned to technical levels rather than narrative catalysts.… Read More
BTC Traders Bet on Sub-$80K New Year: Derive
Bitcoin BTC$86,563.37 traders are increasingly taking defensive positions, bracing for a potential price drop below $80,000 in the new year. “Skew’s sharp step lower shows traders stacking puts, especially into the December 26 expiry, where open interest has concentrated at the $84K and $80K strikes,”… Read More