Bitcoin spikes above $21,000: is the crypto bear market over ?

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Bitcoin, the largest cryptocurrency by market capitalization, has spiked above the the $21,000 mark on Saturday.

The move has encouraged crypto investors who have been shaken by the collapse of several high-profile crypto companies, including cryptocurrency exchange FTX.The move has encouraged crypto investors who have been shaken by the collapse of several high-profile crypto companies, including cryptocurrency exchange FTX.

The rally has inflicted pain on the bears who have liquidated hundreds of millions of dollars in short positions. According to Coinglass, these totaled around $125 million for Jan. 14 alone, with the period from Jan. 11 onward bringing nearly $300 million of short liquidations. The gains pushed the total market capitalization of the cryptocurrency market over the $1 trillion mark for the first time since November, according to data from CoinGecko.

 

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

Seem bullish AF for me 🚀🚀🚀 BNB broke $300🚀🚀🚀 Binance is hiring 🔥🔥🔥 Binance gained market shares💥 CZBinance is on Godmode💥 🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂🐂

BourniTweet aun queda algo de fe?

Futures driven price action can’t be “the bottom”.

Bear market rallies are the strongest

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:

 /  🏆 3. in US

United States United States Latest News, United States United States Headlines

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

Bitcoin, Ethereum Technical Analysis: BTC Hits 2-Month High, Climbing Above $19,000 – Market Updates Bitcoin NewsBitcoin continued to trade higher on Jan. 13, with prices racing above the $19,000 level, hitting a two-month peak in the process. Ok great, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals! BTC is green now but it will head back down so will Alts take profits and exit and wait for the recession to subside Don't trap the newcomers they will be losing a lot with blind foolish bullishness this is just a small rally Market outside is still bad
Source: BTCTN - 🏆 531. / 51 Read more »

Samsung's Asset Management Arm Launches Bitcoin Futures ETF in Hong Kong – Finance Bitcoin NewsSamsung's asset management arm has launched a bitcoin futures exchange-traded fund (ETF). crypto cryptocurrency $BTC Ok then, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals! ☘️
Source: BTCTN - 🏆 531. / 51 Read more »