Market Intelligence 8
* Weekend sell-off driven by liquidations in the futures market
* Long-term holders continue holding as Short-term holders realized large
losses
* Whales bought the dip
Bitcoin
Weekly
Crypto Charts 49
Bitcoin
Last Friday's sell off stopped us out 44k with Bitcoin crashing down to 42'296.
Currently we are trading at 51&
$5.4bn worth of Bitcoin Derivatives Liquidated
* Bitcoin Price significantly dropped from $57k to $42k within an hour
* Prices have stabilised between a range of $47k to $49k
* Spot selling triggered long
Digital Asset Report 49
* Bitcoin price plunges to $42k as wider crypto market experiences a sell-off
* 1Inch protocol raises $175m in funding round
* India to regulate Cryptocurrencies
* Goldman Sachs
Market Intelligence 7
Bitcoin
Weekly Price Action
* After increasing to $59k levels, prices suddenly dropped by 8% after news
broke out of the new Omicron Covid variant
* Prices