Uptober but on inverted chart. Already going to moon. Thank you ↄↄ
coinfeeds-bot on
tldr; Bitcoin’s price dropped to a two-week low of under $62,000, causing $350 million in liquidations and affecting roughly 120,000 traders. The decline followed a brief recovery to nearly $64,000 before being rejected and falling to $61,800. Altcoins like ETH, SOL, and DOGE also saw declines. This volatility occurred despite Fed Chair Jerome Powell’s comments on potential future rate cuts, which previously led to a Bitcoin rally. The majority of liquidated positions were long, but neither BTC nor ETH were the most affected.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
ChemicalAnybody6229 on
I hope uptober lives up to its name this time
Baecchus on
Just a few days ago there was an artilce about shorts getting fucked, lol.
Paparacisz on
I DCA, market pumps – I get less for my money, market dumps – I get more. Dumps ain’t such a bad thing. War on the other hand…
middlemangv on
We are holding good despite world happenings. World is f*cked up.
That is why I like being able to have some BTC. In case of some shenanigans, my money would definitely go into BTC.
8 Comments
Uptober but on inverted chart. Already going to moon. Thank you ↄↄ
tldr; Bitcoin’s price dropped to a two-week low of under $62,000, causing $350 million in liquidations and affecting roughly 120,000 traders. The decline followed a brief recovery to nearly $64,000 before being rejected and falling to $61,800. Altcoins like ETH, SOL, and DOGE also saw declines. This volatility occurred despite Fed Chair Jerome Powell’s comments on potential future rate cuts, which previously led to a Bitcoin rally. The majority of liquidated positions were long, but neither BTC nor ETH were the most affected.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I hope uptober lives up to its name this time
Just a few days ago there was an artilce about shorts getting fucked, lol.
I DCA, market pumps – I get less for my money, market dumps – I get more. Dumps ain’t such a bad thing. War on the other hand…
We are holding good despite world happenings. World is f*cked up.
That is why I like being able to have some BTC. In case of some shenanigans, my money would definitely go into BTC.
Tip of the iceberg. More liquidations incoming.
I blame rockets.