Bitcoin (BTC) continues to trade in the red, dropping below $93,000 on Tuesday after declining almost 5% the previous day.
Bitcoin Price Forecast: BTC drops below $93,000 due to leverage overheating and profit-taking Bitcoin continues to trade in the red, dropping below $93,000 on Tuesday after declining almost 5% the previous day. CryptoQuant data shows that the recent price pullback is due to leverage overheating conditions and holders’ booking profits in BTC, resulting in $150 million in Bitcoin liquidations in the last 24 hours and $435 million in spot BTC Exchange Traded Funds outflows on Monday.
His latest tweet, which included a meme referencing the Department of Government Efficiency , caused a brief surge in DOGE’s price. Although Musk’s post was related to a political project and not the cryptocurrency, the timing of the price movement led many to wonder if he is using his social media presence to affect DOGE’s value. Crypto market deepens correction The cryptocurrency market is under pressure, losing about 4.6% in 24 hours to $3.2 trillion by the start of active trading in Europe.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cryptocurrencies Price Prediction: Bitcoin, Bitcoin Cash & FTT — Asian Wrap 29 OctoberBitcoin started the week on a strong note, rising above $70,000, with prices indicating a bullish outlook amid increasing correlation with the upcoming US elections, according to VanEck's Head of Digital Asset Research Matthew Sigel.
Read more »
Cryptocurrencies Price Prediction: Bitcoin, MAGA & Ripple — Asian Wrap 05 NovemberBitcoin ETFs have reshaped the digital asset investment landscape since their approval in January.
Read more »
Cryptocurrencies Price Prediction: Ethereum, Coinbase & Bitcoin – American Wrap 06 NovemberCoinbase’s Paul Grewal urges SEC to embrace change on crypto after Trump's victory Paul Grewal, Coinbase's Chief Legal Officer, has asked the US Securities & Exchange Commission (SEC) to reconsider how it regulates cryptocurrencies now that Donald Trump has been elected to a second term as president.
Read more »
Cryptocurrencies Price Prediction: Bitcoin, Cardano & Crypto – European Wrap 8 NovemberBitcoin (BTC) surged more than 10% this week, hitting a new high of $76,849 on Thursday, buoyed by the crypto-friendly candidate Donald Trump’s victory in the US presidential election.
Read more »
Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum — Asian Wrap 12 NovemberBitcoin is consistently setting new record highs on Monday after breaking above $89K.
Read more »
Cryptocurrencies Price Prediction: Ethereum, Bitcoin & CryptosWhile Solana’s daily time frame gains were subdued at 2.2%, the SOL price action drew attention on Monday as traders brace for a potential breakout to new all-time highs.
Read more »