Bitcoin (BTC) Price Analysis for December 8
Bulls have seized the initiative at the beginning of the week, according to CoinMarketCap.BTC/USDThe rate of Bitcoin (BTC) has risen by almost 3% over the past day.On the hourly chart, the price of BTC might have set a local resistance of $92,296. If the daily bar closes far from that mark, one can…
XRP Prints 29,668,367% Liquidation Imbalance as Short Sellers Disappear
The derivatives market for XRP just delivered one of those statistical outliers that forces you to pause and check if the number is real. As revealed by CoinGlass's liquidations heatmap, a liquidation imbalance of 29,668,367% appeared on the four-hour map as long liquidations reached…
Shiba Inu's 2,394% Activity Surge on US Crypto Exchange: What's Going On?
According to CoinGlass data, Shiba Inu has surged 2,394.51% in spot volumes on major U.S. crypto exchange Kraken in the past week, revealing traders betting on the altcoin as the market awaits fresh catalysts.The Federal Reserve policy decision is anticipated on Dec. 10. Markets are expecting…
Shiba Inu Eyes Big Price Move Amid 45,201,400,000 SHIB Wipe Out
After multiple days of showing heightening sell pressure, Shiba Inu is moving back to the bullish side of the market, although it is still struggling to retain crucial support.As interest begins to return to the SHIB ecosystem, new on-chain data shows a massive change in its market dynamics as…