Five years of CME futures data shows where bitcoin has, and has not, built meaningful price support.
Bitcoin’s $70,000 to $80,000 zone highlights gap in historical price support
Five years of CME futures data shows where bitcoin has, and has not, built meaningful price support.
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The token briefly rose to $2.16 before reversing, with high trading volume indicating strong resistance at that level.
Solana led major tokens with a 10.8% bounce, while ether reclaimed $2,000 and bitcoin climbed back above $66,800 ahead of traditional futures opens on Sunday.
Attackers exploited a tax function in the token’s code that allowed them to issue more tokens and completely drain liquidity pools.
Nearly $530 million in shorts, or bets on lower prices, booked losses amid a general unwinding of leveraged bets.