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Tag: Bitcoin

Bitcoin Encounters Formidable Sell Wall Above 5K Amid Relief

Bitcoin Encounters Formidable Sell Wall Above $105K Amid Relief Rally

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Significant sell wall above $105,000 is capping Bitcoin’s upside potential. Relief rally lifts price from $99,600 to around $103,400. Whale influence is diminishing, with ETF flows taking precedence. Market volatility eases, but risks persist at key support levels. Bitcoin is grappling with strong resistance as it nears $105,000, where a large concentration of sell orders is hindering further advances. Traders...

Bitcoin, Cryptocurrencies, Front page, News

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Bitcoin slides below 100K

Bitcoin Slides Below $100K, Sparking $1.3B Liquidations in Fragile Crypto Market

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Bitcoin hits two-week low: Price falls below $104,000, down nearly 4% in 24 hours, amid broader risk-off sentiment. Massive liquidations: Over $1.37 billion in leveraged positions wiped out, with $1.2 billion from longs, per CoinGlass data. ETF outflows continue: Spot Bitcoin ETFs saw $187 million in net redemptions on Nov. 3, marking four straight days of losses. Bearish indicators mount: Crypto Fear & Greed Index at 21;...

Bitcoin, Cryptocurrencies, Front page, News

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Bitcoin Slides Below 6K Amid Broad Crypto Selloff

Bitcoin Slides Below $106K Amid Broad Crypto Selloff, Triggering Over $1B in Liquidations

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Bitcoin drops below $106,000, hitting $105,500 in a 4% daily decline. Altcoins suffer steeper losses, with Ether down 7% and Solana, BNB, Dogecoin falling 8%-10%. Liquidations top $1.1 billion, mostly from long positions, amid heightened volatility. Market sentiment hits ‘extreme fear’ as Fed rate cut uncertainties weigh on investors. The cryptocurrency market endured a sharp selloff on Monday, with Bitcoin...

Altcoins, Bitcoin, Cryptocurrencies, Front page, News

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Crypto Weekly Roundup – Navigating November’s Choppy Waters

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The crypto market entered November on a cautious note, with Bitcoin hovering around $110,000 after a 3.5% cap dip to $3.69 trillion. Thin liquidity from Japan’s holiday and $478M in liquidations—mostly longs—amplified swings, while Fed hints at limited rate cuts strengthened the dollar, pressuring risk assets. Yet, ETF inflows persist, and historical November strength offers a counterbalance, potentially setting up a rebound if supports...

Bitcoin, Crypto market, News

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Bitcoin Dips Below 0K as Powell Tempers Expectations for December Rate Cut

Bitcoin Dips Below $110K as Powell Tempers Expectations for December Rate Cut

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Bitcoin price dropped to a low of $108,000 after Fed Chair Powell indicated a December rate cut is ‘not a foregone conclusion.’ The Federal Reserve cut its benchmark rate by 25 basis points, but the hawkish tone triggered $817 million in crypto liquidations. This reaction highlights crypto’s sensitivity to monetary policy, potentially delaying Bitcoin’s push toward new all-time highs. Bitcoin...

Bitcoin, Cryptocurrencies, Front page, News

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