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Bitcoin Market Sentiment Heats Up As Open Interest Sees Sharp Uptick

Bitcoin Market Sentiment Heats Up As Open Interest Sees Sharp Uptick

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The general crypto market has begun to experience bullish movements, and Bitcoin, the largest digital asset, surged briefly from $84,000 to the $88,400 threshold. As BTC’s price undergoes a slight uptick, several areas of its market dynamics saw a notable increase, such […]

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Ethereum Traders Pulling Back? ETH’s Open Interest On Binance Sees Continued Decline

Ethereum Traders Pulling Back? ETH’s Open Interest On Binance Sees Continued Decline

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After a slight rebound on Tuesday to the $1,600 threshold, Ethereum‘s price was faced with notable resistance, which led to a sudden breakdown to $1,450. ETH’s persistent weak performance this year has impacted investor conviction in the market, triggering significant selling pressure

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Ethereum Bears Loses Steam On Binance As Selling Pressure Weakens, Bulls Eyeing A Recovery?

Ethereum Bears Loses Steam On Binance As Selling Pressure Weakens, Bulls Eyeing A Recovery?

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum faced heightened selling pressure for a lengthy period due to the volatility in the broader crypto market, causing its price to undergo a sharp pullback close to the $1,400 mark. However, recent trends show that ETH seems to be entering a

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Bitcoin Open Interest Takes A Notable Hit, Are Traders Losing Confidence In BTC?

Bitcoin Open Interest Takes A Notable Hit, Are Traders Losing Confidence In BTC?

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The beginning of this week has turned out to be bullish for Bitcoin after several weeks of robust volatility, which constrained its price below the $90,000 level. Although BTC’s price has briefly gained upside movements, there is potential for a pullback as

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Bitcoin Market Headwinds To Continue? Short-Term Holder SOPR Remain In Negative Territory

Bitcoin Market Headwinds To Continue? Short-Term Holder SOPR Remain In Negative Territory

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The previous week was quite interesting for Bitcoin as it recovered the $88,000 mark but faced significant resistance at this level, leading to a pullback near $81,000. During this movement, BTC saw notable selling pressure from investors who sold their holdings at

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