Will the Crypto Market Repeat 10-10? Here’s What the Data Says

Share

The crypto market slid on Wednesday as Bitcoin (BTC) fell 1.7% to about $84,100 and Ethereum (ETH) dropped 3.5%. In one hour, $403.58 million in long bets were forced out as leveraged traders had piled back in. This flush revived fears of a 10-10 repeat. However, the data shows leverage has rebuilt despite this correction.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items