Community Articles
via Decrypt · By Decrypt Editorial
Bitcoin's Sharpest Rally in Five Months Flips Markets From Bearish to Coin Flip
BTC
BTC/USDT
$72,554.25
+6.61%
$72,554.25
+6.61%
(24s)24h Volume
$36,524,716,570.52
24h H/L
$72,966.00 / $68,052.97
Change: $4,913.03 (7.22%)
Long/Short
51.8%
Long: 51.8%Short: 48.1%
Funding Rate
+0.0016%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(10:18 PM UTC)
1 min read
In brief
- Bitcoin jumped as much as 8.7% Wednesday to an intraday high of $69,749, its steepest one-day move since March 4 and its highest price since June 1.
- On Myriad, prediction odds flipped from roughly 70-30 favoring a bearish decline to a near coin flip within 24 hours.
- The rally followed a U.S. Treasury plan to double its long-bond buybacks and more than $1 billion in short liquidations…
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