Page 8 - Vetle Lunde News Today

The Bitcoin price has fallen to $28.1k and have moved further away from the $30k mark. All eyes are now on DCG and how the company's current conditions could impact BTC.

Bitcoin dropped back below the closely watched $30,000 level amid a wider retreat in cryptocurrencies, as stubbornly high UK inflation fanned fears of higher-for-longer interest rates.

Open interest in CME futures has risen to the highest level since March 2022, indicating an influx of institutional traders to the crypto market.

Bitcoin dropped back below the closely watched $30,000 level amid a wider retreat in cryptocurrencies, as stubbornly high UK inflation fanned fears of higher-for-longer interest rates.

More than $25M in Bitcoin (BTC) futures have been liquidated over the last hour with longs contributing to 98% of the total liquidations.

Many analysts are predicting Bitcoin to cross $45k in May 2023, but the technical indicators are not blind to the recent downturns and tell a different story.

The slide – which followed a huge market sell order at Binance – flushed millions of dollars worth of futures positions.

The largest token fell as much as 4.5% before paring some of the slide to trade at about $29 340 as of 9:50 a.m. in London.

The biggest token dropped as high as 4.5% prior to paring a few of the slide to trade

BITCOIN dropped back below the closely watched $30,000 level amid a wider retreat in cryptocurrencies, as stubbornly high UK inflation fanned fears of higher-for-longer interest rates. The largest token fell as much as 4.5 percent before paring some of the slide to trade at about $29,175 as of 11:50 a.m.…