Bitcoin Faces $3.7 Billion Profit-Taking after Recent Price Surge
Bitcoin recently experienced its fifth-largest profit-taking event of the year, leading to significant price volatility before a quick rebound.
Bitcoin Surges as Short Squeeze Liquidates Millions in Bets
Bitcoin's recent price surge is primarily due to a massive short squeeze, forcing bearish traders to cover positions and fueling upward momentum.
Bitcoin Sees $3.7 Billion Profit-Taking, Market Remains Resilient
Bitcoin experienced its fifth-largest profit-taking event this year, with over $3.7 billion moved, yet quickly recovered, showing strong underlying demand.
Bitcoin Surges to $120,000 as Billions in Options Expire
Bitcoin's price rally above $120,000 faces a critical test today as over $4.3 billion in options contracts near expiry, potentially triggering market volatility.
Government Shutdown Fuels Crypto Market Rally
The crypto market surged following the U.S. government shutdown, driven by safe-haven demand, significant ETF inflows, and a short squeeze.
Government Shutdown Boosts Crypto Demand, Bitcoin Leads Safe-Haven Surge
The U.S. government shutdown has sparked increased demand for cryptocurrencies as investors seek alternatives amid economic uncertainty and data delays.
Crypto Market Rebounds Strongly, Shrugging off Government Shutdown
The crypto market saw a robust rebound, with Bitcoin surpassing $118,000, as investors overlooked a US government shutdown, driven by strong ETF inflows and short liquidations.
Crypto Market Rebounds despite US Government Shutdown
Despite US political uncertainty, the crypto market demonstrated resilience, with Bitcoin surpassing $118,000 and significant short liquidations fueling the rally.
Metaplanet Boosts Bitcoin Holdings, Becomes Fourth-Largest Corporate Holder
Japanese firm Metaplanet significantly expanded its Bitcoin treasury, acquiring 5,268 BTC and solidifying its position as a major institutional holder.
