Crypto Bears Demolished: $87 Million Shorts Orders Disappeared From Market

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Bulls taking control of market with almost $90 million worth of shorts demolished

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

However, traders and investors must remain vigilant. While the current liquidations have favored those with long positions, the markets are known for their unpredictability. The key price levels to watch for Bitcoin in the near term include the support level at around $43.5K and the psychological barrier at $50K, which, if breached, could signal a new phase of bullish momentum.Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BTC’s Stagnation Continues, XMR Slumps Double Digits Following Binance Delisting (Market Watch)Crypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »