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Here’s why Bitcoin losing $6K in hours was good for BTC price action

November 11, 2021 by DIGIT
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Derivatives exchanges hosted a “shake out” of positions that quickly reset funding rates to healthy levels.

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Categories Bitcoin, BTC Price
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  • bitcoinBitcoin(BTC)$68,362.00-2.23%
  • ethereumEthereum(ETH)$1,947.21-6.79%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.47-1.88%
  • binancecoinBNB(BNB)$612.03-3.25%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$85.68-3.21%
  • tronTRON(TRX)$0.280351-0.75%
  • dogecoinDogecoin(DOGE)$0.102201-8.71%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%
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  • bitcoinBitcoin(BTC)$68,362.00-2.23%
  • ethereumEthereum(ETH)$1,947.21-6.79%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.47-1.88%
  • binancecoinBNB(BNB)$612.03-3.25%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$85.68-3.21%
  • tronTRON(TRX)$0.280351-0.75%
  • dogecoinDogecoin(DOGE)$0.102201-8.71%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%