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Bitcoin trades near $77,700 as analysts eye $75,000 support after liquidation wave
BTC
BTC/USDT
$62,500.00
-3.14%
$62,500.00
-3.14%
(24s)24h Volume
$18,831,819,803.89
24h H/L
$64,546.00 / $61,938.00
Change: $2,608.00 (4.21%)
Long/Short
68.7%
Long: 68.7%Short: 31.3%
Funding Rate
+0.0021%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(05:38 AM UTC)
1 min read
964 views
0 commentsOpen 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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