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via CoinDesk · By CoinDesk Staff
Bitcoin trades near $77,700 as analysts eye $75,000 support after liquidation wave
BTC
BTC/USDT
$63,136.00
+0.03%
$63,136.00
+0.03%
(24s)24h Volume
$2,101,733,604.03
24h H/L
$63,175.00 / $62,968.45
Change: $206.55 (0.33%)
Long/Short
67.7%
Long: 67.7%Short: 32.3%
Funding Rate
+0.0035%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(05:38 AM UTC)
1 min read
Open interest held steady and funding stayed subdued during the recent liquidation wave, suggesting traders were de-risking rather than capitulating, according to HashKey Research's Tim Sun.
Bitcoin BTC$77,542.71 traded near $77,733 by midday Hong Kong time, according to CoinDesk data, little changed over the past 24 hours, after sliding as low as $76,685 and failing to hold above $78,000 during…
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