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Showing posts with the label volatility

Bitcoin Consolidation Phase: Why Chop Is A Normal Aftermath Of Extreme Volatility

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Ethereum Faces High-Risk Setup: Leverage-Driven Rallies Signal Volatility

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Millions of dollars in Bitcoin shorts just got liquidated

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Mid-May has been a minefield for cryptocurrency short traders as many digital assets enjoyed rallies not seen in months.  In the 24 hours between the morning of May 13 and the morning of May 14, as much as $20.4 million worth of Bitcoin (BTC) shorts were liquidated, per data retrieved from Coinalyze on May 14. Of these, perpetuals accounted for almost the entire amount, while only approximately $39.9k were marked as futures liquidations. BTC 24-hour liquidations. Source: Coinalyze The erasure of bearish bets coincided with a shallow correction in the cryptocurrency market. After climbing above $105,000 on May 12, Bitcoin corrected below $102,000 on May 13, only to soon regain upward momentum.  Overall, mid-May volatility resulted in BTC being 7.39% up in the weekly chart with its press time price of $104.136. BTC one-week price chart. Source: Finbold Crypto market volatility liquidates $17 million in bullish bets Elsewhere, the volatility h...

BitMEX Co-Founder Arthur Hayes Predicts Bitcoin May Drop To $78K After “Ugly Start To The Week”

BitMEX co-founder Arthur Hayes warned that crypto market leader Bitcoin (BTC) could drop to $78K after an “ugly start to the week.”  “If it fails, $75k is next in the crosshairs,” he said in a March 10 X post. Hayes added that Bitcoin dropping to between $70K and $75K could lead to “violent” volatility due to a lot of options open interest in this range. Over $619 Million Liquidated As Bitcoin And Crypto Market Plunge The post by Hayes comes after Bitcoin’s price dropped from a high of $86,115.43 to a low of $80,052.49 in the last 24 hours. It has since recovered slightly to trade at $82,114.84 as of 1:08 a.m. EST, down 4% in the past 24 hours, according to CoinMarketCap data. BTC’s correction coincided with a broader crypto market retracement during the same period. All of the top 10 largest cryptos by market cap suffered 24-hour losses, with meme coin leader Dogecoin (DOGE) posting the biggest drop after a more than 8% knock. ...

Fartcoin Climbs 28% as Mind of Pepe Presale Breaks $3 Million Mark

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The crypto market has seen a positive shift recently, with notable gains across several tokens, including Fartcoin. Currently priced at $1.61, $FARTCOIN has exhibited impressive growth, surging 52% over the past month despite earlier downtrends. Over the last ten days, the token has nearly doubled in value, climbing from $0.68 to its current levels, reflecting its volatility and potential for high returns. This article explores the Fartcoin price prediction and highlights the new AI-powered meme token, MIND of Pepe, which has surpassed the $3 million milestone in its presale phase. $FARTCOIN Price Prediction As a Solana-based token, $FARTCOIN boasts a capped supply of 1 billion coins, ensuring no dilution of its value. Listed on several crypto exchange platforms, the token continues to attract attention due to its steady upward momentum, marked by minor corrections followed by strong recoveries. Analysts are eyeing a key resistance level at $1.83, with potential for a breakout le...

The Wealth Truth Behind the TRUMP Token: Whales Compete in the Arena, with an Average Buy-In of $590,000

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Author | Frank, PANews Translated by | WuBlockchain Original Article Link: https://www.panewslab.com/zh/articledetails/unn8dvo5.html On January 18, just before his inauguration, U.S. President Trump issued his personal MEME token, TRUMP (OFFICIAL TRUMP), making history as the first-ever personal cryptocurrency launched by a U.S. president. Following its issuance, the TRUMP token not only caused a media frenzy but also sparked an intense market rally. Within just two days, the token’s fully diluted valuation (FDV) peaked at $82 billion, surging approximately 450 times from its initial price of $0.1824 to a high of $82. Many quick-handed players reaped significant profits, while countless others could only watch helplessly as prices soared beyond reach. PANews conducted an Analysis of the top 1,000 TRUMP token holders, examining their initial purchase times, buy-in prices, and sell-off patterns to uncover the financial strategies at play behind this presidential token. Whales Averaged $...

Is It Too Late To Buy ELON? Dogelon Mars Soars 87% And This Might Be The Next Crypto To Explode

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The Dogelon Mars price skyrocketed 87% in the last 24 hours to trade at $0.0000003584 as of 2.15 a.m. EST on trading volume that soared 2,225% to $610.52 million. The ELON price started surging yesterday, Jan. 19, and rose from $0.0000001799 to $0.0000006124 in a 9-hour period. This was followed by a correction to $0.0000003187, before a surge back up to $0.0000004353. The token then dropped to $0.0000003 again and has since recovered to its current price. In other words, ELON has seen quite strong volatility over the last 24 hours. One reason could be Bitcoin’s new surge which has brought the coin to $107.5K as of the time of writing, while another might be Elon Musk’s ties to US President-elect Donald Trump. With Trump about to go through the inauguration ceremony later today, and Musk being one of his largest supporters, it’s no wonder a cryptocurrency inspired by the Tesla and SpaceX CEO blew up and reached massive heights. Dogelon Mars Price Prediction As ment...

Bitcoin price drop caused by profit-taking and macroeconomic conditions

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Bitcoin dropped to $89,900 on January 13, its lowest decline in two months James Toledano, COO at Unity Wallet, said one of the reasons for the drop is profit-taking after Bitcoin hit $108,000 in mid-December The inauguration of President-elect Donald Trump could spark renewed buying interest, Toledano said Bitcoin fell below $90,000 for the first time in two months, dropping 3.6% in 24 hours as the market experienced selling pressure. Data from CoinMarketCap shows that Bitcoin’s price dropped to around $89,900 on January 13. However, at the time of publication, it’s trading over $95,000. Bitcoin drops below $89,000. Source: CoinMarketCap According to James Toledano, COO at Unity Wallet, there are several reasons why Bitcoin’s price fell. “The first is profit-taking, after hitting a peak of around $108,300 in mid-December, the market has seen a massive amount of it, particularly following the election of pro-crypto President-elect D...

Hund Price Prediction: HUND Pumps 6% As This Vote-To-Earn Meme Coin Presale Offers Investors Last Chance To Buy

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The Hund price surged 6% in the last 24 hours to trade at $0.016 as of 2.10 a.m. EST on trading volume that went up 3% to $14.34 million. HUND is a crypto project that mixes AI and memes, and it was inspired by the German Shepherd dog. It combines advanced artificial intelligence solutions and innovative AI tools with NFTs, the meme culture, a DEX platform, and its own game. We have the best looking NFTs. 🔥🔥@HundLandNFT pic.twitter.com/SmQcMI7olr — HUND | Official (@HundOnSol) January 2, 2025 The project’s price is also quite volatile, particularly in the short term, often seeing sharp surges and corrections, while spending time in between them trading sideways. Right now, its price is at $0.016, and its weekly chart shows that it is still 3% down. However, since last week, the token has dropped to $0.011 and skyrocketed to $0.01752, only to drop to $0.013, and then recover to $0.016, where it sits at the time of writing. In other words, Hund is a pro...

Volatility strikes down: $478M whipped from crypto traders in liquidations

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Crypto’s volatility strikes again this Saturday, November 23, liquidating over $478 million worth of traders’ positions amid ups and downs. XRP and ADA, for example, registered massive gains but also sharp corrections. As Bitcoin (BTC) consolidates below the $100,000 psychological resistance, an altseason is starting, bringing significant volatility with big moves. Altcoins have seen double-digit gains, liquidating bearish short-sellers, just to see double-digit corrections right after, liquidating bullish long-position traders. Notably, the 24-hour crypto liquidations total $478 million, equally punishing both sides of the market. According to data Finbold retrieved from CoinGlass , the volatility liquidated $240 million and $238 million from shorts and longs, respectively. Picks for you This indicator is a clear sign of Bitcoin surging p...

Shiba Inu Forecasted To Hit 1.5 Cents, Find Out When

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The Shiba Inu (SHIB) has been betting heavily on its 1 cent dream. But the asset’s latest uptick has led to the community manifesting more ambitious bets. Throughout the last year, the second-largest meme coin has surged by over 120%, which shows the asset’s capability. Find out if SHIB could maintain this momentum and hit 1.5 cents. Also Read: Trump’s Victory Traps Central Banks, Sparks $64B Gain for Richest Shiba Inu’s Slight Setback After witnessing a major surge post Donald Trump’s historic win, SHIB and the entire market witnessed a correction. The asset was subject to volatility over the past 24 hours as it dipped by 1.77% during this period. At press time, SHIB was trading at $0.00001873. It should be noted that the meme coin rose to a high of $0.00001942 earlier today. Source Despite this slight drop in its price, the community remained optimistic about SHIB’s potential surge. CoinMarketCap’s community sentiment highlighted that 88% of the 476...