Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,09 trillion. Bitcoin is up by over 2% to reach around $27,200. Ethereum increased by nearly 6% to close to $1,700. XRP gained almost 2% in value during a highly volatile week. Almost all altcoins are trading in the green, with virtually no exceptions. The DeFi sector maintains the total value of protocols (TVL)…
Bitcoin Liquidated
Bitcoin’s Move Towards $10k Liquidated Short Positions Worth Millions on BitMEX
A few hours ago, Bitcoin attempted another rally to $10k, in which it attained $9,950 following the close of its candle on May 17. It could not attain the key $10k price point, since its correction to $9.9k. This move is yet to prompt a remarkable reaction from the derivatives market, possibly due to sellers’ deleveraging of their positions as they anticipated the current rally. According to the data provided by Skew.com, only $5 million was liquidated while the upsurge lasted…
3 years ago 
744 views
