Could Bitcoin put in a surprise uptick instead of falling further? Consensus is growing that it's possible.
since November’s $69,000 all-time highs, and “squeezes” further occur when the market least expects a certain outcome.
Such an event could well be amplified thanks to “tepid” demand for spot BTC and futures open interest leverage, which is approaching 2% of the Bitcoin market capitalization, Glassnode continued.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin performs classic bounce at $40.7K as BTC price comes full circle from January 2021BTC price action holds above $40,000 after a bounce that copied Bitcoin in September.
Read more »
Canadian Bitcoin Miner Bitfarms Bought the Dip: Adds $43.2 Million Worth of BTCCanadian Bitcoin miner Bitfarms has added another 1,000 BTC to its position during the dip throughout the first week of 2022.
Read more »
Bitcoin (BTC), EUR/USD, USD/CAD Key Levels to WatchFollowing a soft week on Wall Street, Bitcoin as well as other cryptocurrencies have also come under pressure. Get your market update from JMcQueenFX here:
Read more »
Canadian bitcoin miner Bitfarms buys 1,000 BTC for $43 millionBitcoin miner Bitfarms has splashed about $43 million to add 1,000 BTC to its balance sheet after securing a $100 million loan.
Read more »
$110 Million in Bitcoin and ETH Liquidated as BTC Drops Below $40,000, ETH Goes Under $3,000ICYMI: $110 million in $BTC and $ETH liquidated in just 30 minutes as BTC goes below $40,000 and ETH drops under $3,000 Bitcoin Ethereum
Read more »
Bitfarms Buys the Dip: 1,000 Bitcoin Added to Treasury as BTC Falls While Mining Hardware Prices Remain High – Mining Bitcoin News“With the dip in $BTC while mining hardware prices remain high, we seized the opportunity to move cash into BTC,” said Bitfarms. bitcoin cryptocurrency
Read more »