Investing
Bitcoin’s dive under $27K liquidates $100M — So why aren’t margin traders flipping bearish?
© Reuters.
Bitcoin’s price (BTC) broke below its 55-day support at $27,000 on May 12. As a result, the two-day, 7% correction to $26,155 caused $100 million worth of long BTC futures contracts to be liquidated.
However, margin and futures markets displayed strength during the down-move, fueling hope of a recovery toward $28,000.
Continue Reading on Coin Telegraph
Read the full article here
How AI Is Helping the Founder of Brainly Transform Online Education
Unlike Adobe, This Lifetime PDF Tool Only Charges You Once
Are You Missing These Hidden Warning Signs When Hiring?
Why an Amazing Product Isn’t Enough for Startup Success
Google faces call from DuckDuckGo for new EU probes into tech rule compliance By Reuters
Why I Apply Mike Tyson’s Mindset to My Business Strategy
5 Myths About Young Shoppers and How Retailers Can Reach Them
The One Microsoft Design Tool Business Owners Shouldn’t Miss
U.K. stocks lower at close of trade; Investing.com United Kingdom 100 down 0.07% By Investing.com
Want Your Workers to Be More Productive? You Need a Better Way to Measure Their Contributions
Debt ceiling debate and its effect on the U.S. dollar
Debt ceiling default: Still no deal between parties
Stovall: If the U.S. defaults on its debt, all S&P 500 sectors will likely fall
What China's weaker-than-expected economy could mean for U.S. markets
A ‘Big Short’ investor sees financial disaster brewing in housing markets — again
-
Side Hustles7 days agoWhy I Apply Mike Tyson’s Mindset to My Business Strategy
-
Side Hustles6 days ago5 Myths About Young Shoppers and How Retailers Can Reach Them
-
Passive Income4 days agoThe One Microsoft Design Tool Business Owners Shouldn’t Miss
-
Investing6 days agoU.K. stocks lower at close of trade; Investing.com United Kingdom 100 down 0.07% By Investing.com
-
Investing6 days agoWant Your Workers to Be More Productive? You Need a Better Way to Measure Their Contributions
-
Side Hustles6 days agoTake Control of Your Projects for Life for Just $79.97
-
Passive Income7 days ago6 Reasons Why Entrepreneurs Need to Be on LinkedIn
-
Side Hustles7 days ago4 Steps Companies Must Take to Get Their Data Ready for AI