Articles for tag: Bitcoin, cryptocurrency analysis, investor behavior, Market Dynamics, price decline, realized profit

December 10, 2024

Bitcoin Realized Profit Plummets 76%, Indicating Reduced Price Volatility Following $100,000 Surge and Stabilization Trends

Bitcoin has seen a significant drop in realized profit, down 76% after briefly reaching $100,000. Following this surge, the price fell nearly 10% within a day, causing over $303 million in liquidations. Analysts suggest that this decline points to reduced sell-side pressure, which may lead to less dramatic price drops in the future. Despite a ...

December 4, 2024

Market News

Crypto

Traders Shift $380M as DOGE Follows Bitcoin’s Pullback: What This Means for the Crypto Market

Dogecoin’s price fell by 16% to around $0.40 on Tuesday, following failed attempts to break past $0.50, leading many traders to reduce their positions. After experiencing a surge of 175% in November, the asset is now struggling to maintain momentum amid profit-taking activities. The open interest in Dogecoin futures also declined by $380 million, reflecting ...