Bitcoin The gains have been widespread as the total market capitalization has pushed past the $2.7 trillion mark. In just one week, total crypto market capitalization has surged by more than $500 billion.Cryptocurrency traders, especially short-term holders, are known to be reactive. Unlike long-term holders who often focus on fundamentals, short-term holders react to price volatility and hype., which had a value of 76 at press time, an indication that the market was in “extreme greed”.
If Scott wins the vote, it could pave the way for pro-crypto bills. This could drive more gains across the market.The recent volatility across the crypto market has led to a surge in liquidations. Data from Coinglass showed that in the past week, short liquidations have spiked and continued to rise as in the last 24 hours, $283 million worth of shorts were liquidated.When short sellers are liquidated, they are forced to buy to close their positions.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Buybacks, FOMO, ‘Vanna Tailwind’ Prime Stocks for Year-End RallyThe US stock market’s fundamental flows are turning increasingly bullish, which should give equities a fresh jolt once the US election is out of the way.
Consulte Mais informação »
Business Brief: A volatile week ahead of The VoteAlso in today’s edition: Why China is investing heavily in Hungary
Consulte Mais informação »
Business Brief: A volatile week ahead of The VoteAlso in today’s edition: Why China is investing heavily in Hungary
Consulte Mais informação »