Category: ETH

$1.89B liquidated: Why did Bitcoin and ETH price correct sharply overnight?

$1.89B liquidated: Why did Bitcoin and ETH price correct sharply overnight?

In the last 24 hours, $1.89 billion worth of futures positions have been liquidated after Bitcoin (BTC) and Ether (ETH) sharply fell, with BTC reaching below $46,000 on Binance. BTC/USDT 15-minute price chart (Binance). Source: TradingView.com Most of the liquidations came from Bitcoin and Ether, which accounted for $555 million and $336 million, respectively. But […]

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Bitcoin price nears $16K, but it’s Ethereum that may shine in November

Bitcoin price nears $16K, but it’s Ethereum that may shine in November

The price of Bitcoin (BTC) is nearing $16,000 after achieving $15,960 on Binance. Following the dominant cryptocurrency’s rally, analysts are now looking toward Ether (ETH). The Ethereum blockchain’s native token has seen heightened momentum in the past week. After underperforming against BTC in October, the probability of a new ETH rally is beginning to increase. […]

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