Peter Schiff questions Bitcoin vs. gold comparison, criticizing claims of Bitcoin's superiority. Bitcoin at $40,214.47 faces market fluctuations, while gold struggles amid geopolitical tensions. Debate continues to shape financial perceptions.huang
Huang BoBitcoin experiences substantial liquidations exceeding $138 million amidst increased market volatility. Long positions bear the brunt, with losses surpassing $120 million. The SEC-approved spot bitcoin ETFs contribute to a 7% decline in Bitcoin's value over 12 days. Analysts predict further declines below $40,000. BitMEX co-founder Arthur Hayes employs BTC puts at a $35,000 strike price for hedging. Annualized bitcoin volatility rises from 46% to over 52%. Almost $30 million worth of leveraged bitcoin positions liquidated, predominantly longs. Unrealized profits among bitcoin holders decrease from over 90% to just above 83%, reflecting growing sell pressure. In conclusion, Bitcoin faces challenges amid regulatory changes and cautious investor sentiment.
SanyaFidelity's Jurrien Timer remains optimistic about Bitcoin despite a short-term dip post-Spot ETF approval, attributing it to a correction. He sees positive long-term prospects amid potential volatility.
EdmundThe Crypto Fear and Greed Index has dropped to "neutral" levels (52 out of 100), a notable shift from the recent "extreme greed" score, just days after the historic approval of spot Bitcoin ETFs in the United States. Despite the approval, Bitcoin's price fluctuations and increased searches for explanations indicate lingering uncertainty in the cryptocurrency market.
EdmundUnderstanding the co-movement of volatility across different cryptocurrencies at high frequencies is crucial for traders, investors, and researchers.
BitcoinworldUnderstanding these spillovers in volatility is crucial for investors, risk managers, and policymakers.
BitcoinworldA consortium of leading cryptocurrency exchanges in South Korea has introduced a system designed to notify users about price volatility ...
BitcoinistAave is freezing markets with low liquidity and high volatility, to protect against future market manipulation attacks.
Crypto PotatoBTC/USD could hit $30,000 if the current daily trend of higher highs and lows continues, one trader says as the market avoids weekend losses.
CointelegraphBitcoin network hash rate hit a new record high, seeing a 400% increase since the mining ban by China last year.
Cointelegraph