Outperform the Crypto market with PrimeXBT Copy Trading

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 69 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Real-time cryptocurrency market news, Bitcoin and Altcoins, and the latest trading updates. What you need to know now about the Ethereum, Ripple, Bitcoin Cash and Litecoin, among other.

Bitcoin, the largest cryptocurrency by market capitalization, declined nearly 6%, dropping below the $65,000 level for the first time in nearly ten days. The asset’s price drop ushered massive liquidation in derivatives markets. Layer 1 chains with over a million daily active users likely to see gains in coming weeks

Layer 1 chains with a large volume of Daily Active Users are likely to see gains in the ongoing cycle as the narrative gathers steam among market participants. A high number of DAU means there is more growth and potential for revenue generation in the Layer 1 chain. Bitcoin price decline below $65,000 liquidates over $125 million in long positions in 24 hours

Bitcoin, the largest cryptocurrency by market capitalization, declined nearly 6%, dropping below the $65,000 level for the first time in nearly ten days. The asset’s price drop ushered massive liquidation in derivatives markets. Arbitrum unlocked 1.1 billion tokens in line with its schedule on Saturday. Post the unlock, there was an increase in inflow of ARB tokens to exchanges, investors that received Arbitrum token airdrops, lined up to shed their holdings and realize gains.

It is useful for investors to modify the filters according to their personal preference and the criteria and to choose the notifications that they want to know when making the trading decision in order to master the high volatility associated with the absence of regulation and the constant pressure from governments and the growing interest of users. Due to those factors, the Market News Cryptocurrencies are constantly updated so investors should not miss the cryptocurrency market opportunities.

 

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

 /  🏆 14. in BUSİNESS

Business Business Latest News, Business Business Headlines

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

Outperform the Crypto market with PrimeXBT Copy TradingReal-time cryptocurrency market news, Bitcoin and Altcoins, and the latest trading updates. What you need to know now about the Ethereum, Ripple, Bitcoin Cash and Litecoin, among other.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Outperform the Crypto market with PrimeXBT Copy TradingReal-time cryptocurrency market news, Bitcoin and Altcoins, and the latest trading updates. What you need to know now about the Ethereum, Ripple, Bitcoin Cash and Litecoin, among other.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Outperform the Crypto market with PrimeXBT Copy TradingReal-time cryptocurrency market news, Bitcoin and Altcoins, and the latest trading updates. What you need to know now about the Ethereum, Ripple, Bitcoin Cash and Litecoin, among other.
Source: FXStreetNews - 🏆 14. / 72 Read more »