Crypto Bulls Rack up $580M Liquidations as Bitcoin Drops 8%, Ether, Solana, Dogecoin Plunge
Submitted by Anonymous (not verified) on Fri, 07/05/2024 - 08:20Traders previously warned of the bearish market reaction to Mt. Gox’s bitcoin repayments.
Traders previously warned of the bearish market reaction to Mt. Gox’s bitcoin repayments.
DWF Labs has launched the $20 million Cloudbreak Fund to support Web3 projects in Chinese-speaking regions.
Market uncertainty and potential increased selling pressure from Mt.
A wallet belonging to a German official entity moved its largest stash of BTC to exchanges earlier today, while Mt.
Markets that consistently trade below the 200-day SMA are said to be in a downtrend.
The decline in notional open interest masks bullish undercurrents.
Selling pressure from Bitcoin Cash (BCH) and lack of liquidity is the story to watch once Mt. Gox begins redemptions, writes Presto Research.
Solana’s SOL and dogecoin (DOGE) lead losses among major tokens, with the CoinDesk 20 index down 4.8%.
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