3 reasons why Bitcoin price is clinging to $38,000
BTC is in a lengthy downtrend but three key price metrics explain why traders are confident that the $38,000 level will hold. Go to Source Powered by WPeMatico
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Is Bitcoin ‘cheap’ below $40,000? BTC derivative metrics are mixed
Bitcoin options markets are pricing further downside while margin traders are going increasingly long. Go to Source Powered by WPeMatico
Bitcoin price drops to $39K, but data shows leverage traders dreaming of $50K
Multiple factors are pushing BTC price below $40,000, but derivatives data shows pro traders are neutral, and holding out hope for a quick trend reversal. Go to Source Powered by WPeMatico
$43K BTC flipping support? Not anytime soon, according to derivative metrics
Short sellers got liquidated to the tune of $150 million, but two metrics show pro traders did not flip bullish after the recent Bitcoin rally. Go to Source Powered by WPeMatico
2 key Bitcoin trading metrics suggest BTC price has bottomed
Bitcoin price has yet to reclaim the $50,000 level, but the actions of options market makers and margin traders at Bitfinex suggest the most recent correction is over. Go to Source Powered by WPeMatico
Ethereum approaches a new ATH, but derivatives data reflects mixed emotions
Ethereum price appears en-route to a new all-time high, but data shows retail and pro investors are slightly skeptical about the current rally. Go to Source Powered by WPeMatico
Wen moon? Data shows pro traders becoming more bullish on Bitcoin price
MicroStrategy’s purchase of 7,002 BTC might have helped boost Bitcoin price today, but derivatives data also shows that pro traders are becoming more bullish. Go to Source Powered by WPeMatico
Bears lick their paws while Bitcoin price blasts through $46,000
Derivatives data show the market is dominated by longs and that top traders added leverage as BTC price rallied to $46,300. Go to Source Powered by WPeMatico
Crypto derivatives exchange Bitget to list USDC as collateral for margin trading
The Singapore-based crypto trading platform has inked a partnership with stablecoin issuer Circle. Go to Source Powered by WPeMatico
FTX Slashes Leverage Limit from 100x to 20x — Community Suspects Competitors Will Follow Example
FTX CEO Sam Bankman-Fried told his Twitter followers on Sunday that his crypto exchange has lowered its margin trading limit from 101x to 20x. Prior to the change, FTX supported 50x, 100x, and 101x leverage but Bankman-Fried said these high leverage positions represent “a tiny fraction of volume.” FTX CEO Announces Cutting Leverage Limits, 2x … Read more
