Bitcoin Suddenly Surges 5%, Shorts Getting Clobbered
The price of Bitcoin, the leading cryptocurrency, surged sharply higher on Monday, reaching an intraday peak of $69,401. According to data provided by CoinGecko, roughly $80 million worth of shorts has been liquidated in mere minutes. The Bybit exchange accounts for the biggest share of…
Peter Schiff Congratulates Saylor on New Bitcoin Purchase
Michael Saylor has continued to double down on his Bitcoin accumulation despite the prolonged market volatility. His latest purchase — which involved 3,015 BTC — has triggered reactions from the crypto community, especially Bitcoin’s long-term critic, Peter Schiff.On Monday, March 2, Peter Schiff…
Cardano Signals Hourly Death Cross as Price Hovers Near $0.26
Cardano completed a "death cross" on its hourly chart as the crypto market faced fresh selling pressure early Monday, with $343 million in total liquidations.Cryptocurrencies are under pressure as the rebound on Sunday faded, leaving traders awaiting direction from traditional markets.Over $343…
Bob Loukas Calls Bitcoin 'Horrendous' on Weekly Chart, Sets $49,000 Target
A popular trader with more than 30 years of experience in financial markets and author of the 60-day cycle theory for BTC, Bob Loukas, released on Monday another outlook of Bitcoin’s price. Unlike the optimistic charts, analyses and predictions that flooded the crypto space after the weekend, his…