Community Articles
via CryptoSlate · By CryptoSlate Editorial
Bitcoin crashed and flushed leverage out, but is the bottom here yet?
BTC
BTC/USDT
$63,053.26
-0.04%
$63,053.26
-0.04%
(24s)24h Volume
$2,468,190,801.48
24h H/L
$63,175.00 / $62,920.00
Change: $255.00 (0.41%)
Long/Short
67.9%
Long: 67.9%Short: 32.1%
Funding Rate
+0.0025%
Longs pay
Data provided by COINOTAG DATALive data
CE
CryptoSlate Editorial(09:16 AM UTC)
1 min read
Bitcoin just tested an intraday low of $61,349, triggered roughly $1.76 billion in liquidations with long positions absorbing more than $1.5 billion of that total, and then bounced toward the mid-$63,000s.
Funding rates flipped deeply negative, open interest reset sharply, and the Crypto Fear & Greed Index fell to 12, a level in extreme fear territory.
That is a meaningful amount of technical…
Add COINOTAG as a Preferred Source
Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.
Add on GoogleComments
Comments
Other Community Articles