Nearly equal losses across long and short positions showed traders were wrong-footed as crypto prices swung violently within hours.
Bitcoin swings trigger rare split liquidation as longs and shorts both get hit
Nearly equal losses across long and short positions showed traders were wrong-footed as crypto prices swung violently within hours.
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Monday gains were lost in the U.S. session as the U.S. and China reached a temporary truce in their trade war.
Crypto Options Stay Bearish on Ether-Bitcoin Ratio as Trump Fails to Mention BTC in Inaugural Speech
Options continue to show a bias for BTC relative to ETH despite Trump bypassing any mention of strategic bitcoin reserve in his inaugural speech on Monday.
The bounce came as China factory data showed only mild growth, offering background support while dollar strength and thin exchange depth limit upside.
Experts push back on billionaire hedge fund manager Ray Dalio's warning of bitcoin lacking gold’s qualities and risks from surveillance, quantum computing and lack of central bank buying.