Internet Computer drifted lower after failing to hold intraday gains, with elevated volume reflecting continued distribution near resistance.
ICP Slips Back Toward Recent Lows as Rally Attempt Fades
Internet Computer drifted lower after failing to hold intraday gains, with elevated volume reflecting continued distribution near resistance.
Shares:
Roughly 92% of the $1.09 billion in liquidations came from long bets, indicative of how heavily traders had been positioned for further gains before prices reversed.
The bitcoin was seized from Silk Road vendor.
The German lender pointed to institutional outflows, fading liquidity and stalled regulation as the real drivers behind bitcoin’s slump.
The stablecoin, initially for institutional investors, follows the launch of SG Forge’s euro stablecoin, EURCV.