$175 Million Worth of Orders Liquidated on Crypto Market as Bitcoin Rallies to $42,000

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Bitcoin and other cryptocurrencies are recovering while short orders are getting liquidated massively

orders remain the most widely liquidated positions on the market. Second place goes to Ethereum, with $42 million worth of orders wiped out in the last 24 hours.

While the liquidation volume remains relatively high, it is still far behind the record-breaking liquidation tick observed on Jan. 21, when the market faced almost $1 billion of long liquidation volume in 24 hours.According to the TradingView chart, Bitcoin has bounced up from the bottom of the ascending rangebound that sits at approximately $37,600.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 295. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Market Wrap: Bitcoin Stabilizes Ahead of Biden's Executive Order on Crypto.MARKET WRAP: U.S. President Biden is expected to issue an executive order on crypto this week - a potential source of market volatility. Here are key price levels to watch. DYOR best project terareum Terareum TerareumStrong 🚀🚀🚀😘😘😘❤️❤️❤️❤️🤗🤗🤗🥰🥰🥰🥰🥰🥰😍😍😍😍 elonmusk “U.S. President Biden is expected to utter some random jibberish.”
La source: CoinDesk - 🏆 291. / 63 Lire la suite »

EU and America FastTrack Crypto Regulation Due To Russia – Bear Market InevitableThis situation in Russia seems to have forced the hands of both the US and European authorities to hasten their proposed regulation of cryptocurrency. Now, we are expecting regulations from the US and Europe within this week and the next.
La source: CryptoPanicCom - 🏆 563. / 51 Lire la suite »