web3.0Bitcoin (BTC) Attempts to Reclaim $60,000 as US Investors Step In, Coinbase Premium SuggestsBitcoin (BTC) Attempts to Reclaim $60,000 as US Investors Step In, Coinbase Premium Suggests
Bitcoin (BTC), the largest cryptocurrency, is attempting to test the crucial level of $60,000 after its painful dropdown a couple of days ago.
Bitcoin (BTC) Burned $213 Million in Crypto Traders, Here's the CatchBitcoin (BTC) traders have liquidated a total of $213 million in crypto over the past 24 hours, as the coin's price briefly dropped to lows of $57,800 on March 14. According to data from Coinglass, nearly 50% of the liquidated sum belonged to short positions.
Bitcoin (BTC) traders burned $213 million in crypto, nearly half were shorts
The pain was felt more strongly by traders betting against Bitcoin (BTC) itself, with 61% of liquidated positions being shorts in XBT/USD pairs.
As reported by U.Today, Bitcoin (BTC) price dropped to lows of $56,000 on March 12 after a brief wick into the $55,000 zone. The coin quickly recovered and began to trade above $58,000 again.
The drop in price came after Bitcoin (BTC) reached highs of $61,000 on March 10, following a strong upsurge in activity from U.S. investors.
As the coin dropped below the crucial level of $60,000, traders began to liquidate their positions en masse, with the majority of the liquidated sum belonging to traders betting against Bitcoin (BTC).
Bitcoin (BTC) price action suggests the worst is over
Recently, an on-chain analyst at Glassnode shared his thoughts on the Bitcoin (BTC) price floor, stating that the worst is in for the coin and the coin is now in a "bull market cradle."
The analyst highlighted several factors that support his analysis, including the U.S. presidential race, the exhaustion of the largest and most aggressive sellers and the absence of dangerous CeFi services from the market.
This analysis aligns with the statements made by Raoul Pal last weekend. The Real Vision CEO stated that he is not selling and views the drop in BTC price from highs of $69,000 to lows of $50,000 as a "shakeout" move.
The above is the detailed content of Bitcoin (BTC) Attempts to Reclaim $60,000 as US Investors Step In, Coinbase Premium Suggests. For more information, please follow other related articles on the PHP Chinese website!
Tether (USDT) plans to launch a new product for the U.S. market by the end of 2025May 01, 2025 am 11:20 AMTether, the issuer of the world's largest stablecoin, is planning to roll out a new product for the U.S. market by the end of 2025, CEO Paolo Ardoino said in an interview with CNBC on April 30.
Uniswap's UNI Token Undergoes Intense Selling Pressure Despite Protocol's Boost From CoinbaseMay 01, 2025 am 11:18 AMUniswap's native token, UNI, has come under intense selling pressure recently, even as the protocol receives a boost from one of the most prominent names in crypto — Coinbase.
Trump Media & Technology Group (TMTG) Enters the Bitcoin and Decentralized Finance (DeFi) MarketMay 01, 2025 am 11:16 AMThe parent firm of the conservative social media network Truth Social, Trump Media & Technology Group (TMTG), is boldly entering the bitcoin and
Avalanche (AVAX) will host a live stream on May 2nd at 16:00 UTC.May 01, 2025 am 11:14 AMAvalanche is an open blockchain platform that was created to run decentralized applications and create various custom blockchains.
aUSDC is now spendable on MetaMask CardMay 01, 2025 am 11:12 AMA live stream event will be on YouTube to discuss this development is scheduled for May 6th at 17:30 UTC.
Bitcoin (BTC) Enters May 2025 With Renewed Momentum, Gaining Over 14% in the Past 30 DaysMay 01, 2025 am 11:10 AMBitcoin (BTC) enters May 2025 with renewed momentum, gaining over 14% in the past 30 days and trading just 6.3% below the key $100,000 mark.
Band Protocol (BAND) Has Started Band Oracle v.3.0 Testnet Phase 2May 01, 2025 am 11:08 AMBand Protocol has started Band Oracle v.3.0 Testnet phase 2 on April 30th. The new version introduces additional data tunnel routes to extend oracle services
Ethereum co-founder Vitalik Buterin Will Shift His Focus in 2025 from Scaling to Long-term Protocol Resilience and PrivacyMay 01, 2025 am 11:06 AMIn a newly published update, Buterin said he plans to step back from short-term execution and leave L1 gas scaling and near-term upgrades to Ethereum Foundation developers.
Hot AI Tools
Undresser.AI Undress
AI-powered app for creating realistic nude photos
AI Clothes Remover
Online AI tool for removing clothes from photos.
Undress AI Tool
Undress images for free
Clothoff.io
AI clothes remover
Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!
Hot Article
Hot Tools
Dreamweaver CS6
Visual web development tools
mPDF
mPDF is a PHP library that can generate PDF files from UTF-8 encoded HTML. The original author, Ian Back, wrote mPDF to output PDF files "on the fly" from his website and handle different languages. It is slower than original scripts like HTML2FPDF and produces larger files when using Unicode fonts, but supports CSS styles etc. and has a lot of enhancements. Supports almost all languages, including RTL (Arabic and Hebrew) and CJK (Chinese, Japanese and Korean). Supports nested block-level elements (such as P, DIV),
SAP NetWeaver Server Adapter for Eclipse
Integrate Eclipse with SAP NetWeaver application server.
SublimeText3 Mac version
God-level code editing software (SublimeText3)
MinGW - Minimalist GNU for Windows
This project is in the process of being migrated to osdn.net/projects/mingw, you can continue to follow us there. MinGW: A native Windows port of the GNU Compiler Collection (GCC), freely distributable import libraries and header files for building native Windows applications; includes extensions to the MSVC runtime to support C99 functionality. All MinGW software can run on 64-bit Windows platforms.
