Hyperliquid’s Derivatives Market Share Reaches 6.63%
In May, the trading volume share of perpetual futures on Hyperliquid rose to a record 6.63% of the total turnover on CEX — $200 million out of $3 trillion.News, articles, and analysis on key events, indicators, and signals in the cryptocurrency market.
Hyperliquid’s Derivatives Market Share Reaches 6.63%
In May, the trading volume share of perpetual futures on Hyperliquid rose to a record 6.63% of the total turnover on CEX — $200 million out of $3 trillion.
Bitcoin Drops Below $62,000
On June 4, the price of the leading cryptocurrency fell to $61,351. Amid the negative trend, the market faced a massive wave of long position liquidations.
Glassnode: Bitcoin Options Expiry Removes Price Barriers
The leading cryptocurrency tested the $75,000 level ahead of a major options expiry. This high gamma zone held the price and contributed to a pullback to $72,500.
CryptoQuant Highlights Bitcoin Buyer Shortage
The supply of Bitcoin held by long-term holders has reached a record high of 15.8 million BTC. CryptoQuant noted that this is not indicative of a new accumulation phase but rather a sign of insufficient demand.
Bitcoin Falls Below $73,000 Amid Middle East Conflict Escalation
The price of the leading cryptocurrency fell to $72,804, marking its lowest level since mid-April. The market reacted to news of new U.S. strikes on Iranian military sites.
Bitcoin Spot Volumes Hit 2023 Lows
The price of the leading cryptocurrency has stabilized within a narrow range around $77,500. Following the holidays in the United States, market activity remains subdued, with investors exercising caution.
Stablecoin Market Capitalization Surpasses Reserves of 95 Countries
The combined market capitalization of stablecoins has reached a new all-time high, hitting $323 billion. This figure exceeds the official currency reserves of 95 countries.
Bitcoin holds above $77,000 as oil slumps
On May 25, bitcoin rose above $77,000, up 0.5%, holding above the 50-day moving average at $76,940.
Bitcoin Falls Below $75,000 Amid Market Corrections
Bitcoin fell below $75,000 on May 23, coinciding with traditional markets testing their highs.
Analysts Outline Conditions for Bitcoin’s Return Above $80,000
On May 21, the price of the leading cryptocurrency fell below $78,000 due to ongoing ETF outflows and low spot market demand.
K33 Analysts Predict Bitcoin’s Floor at $60,000
Since the beginning of the month, the price of the leading cryptocurrency has dropped by 6% after testing the 200-day moving average around $82,000. Analysts at K33 Research believe that the February low of $60,000 will remain the bottom of the current cycle.We use cookies to improve the quality of our service.
By using this website, you agree to the Privacy policy.