Bitcoin veterans know to be on the lookout for a noteworthy number: $19,511.
amid the latest swoon. But veterans know to be on the lookout for a more noteworthy one: $19,511.
In addition, besides the psychological importance of the level, most of the open interest in Bitcoin options is based on the $20,000 strike price, according to Arcane, “which can contribute to selling pressure in the spot market should the price fall below.” The coin’s drop this year has brought it to around $20,700 Wednesday, its lowest point since December 2020, meaning no one who bought over the past year and a half has made a profit. Many analysts are now watching indicators to see who else might come under pressure to sell.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Crypto exchanges Coinbase and BlockFi lay off hundreds of staffEmployees hit by cryptocurrency crash as bitcoin price has plummeted in recent weeks
Weiterlesen »
El Salvador: The country where you can buy anything with BitcoinThe cryptocurrency crash is hurting many investors, including one country that has bet big on Bitcoin.
Weiterlesen »
Why bitcoin is reviving fossil fuel plants – videoJosh Toussaint-Strauss explores how dying fossil fuel plants have been been revived in the name of cryptocurrency
Weiterlesen »
Bitcoin tumble leaves the average buyer in the red\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Weiterlesen »
Bitcoin: Why is the largest cryptocurrency crashing?The value of Bitcoin is at an 18-month low, as the cryptocurrency market continues to tumble.
Weiterlesen »
The crypto market is spectacularly collapsingMany major cryptocurrencies have fallen by up to a quarter of their value over the past day
Weiterlesen »