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Short Bitcoin ETF Sees Higher Trading Volume Last Week as Longs Liquidated


The recently-launched short Bitcoin (BTC) exchange-traded fund (ETF) BITI saw higher trading volumes last week compared to its launch week. The peak in volume so far happened as liquidations of leveraged bitcoin long positions reached its highest in close to two weeks.... Read More: Short Bitcoin...

Bitcoin Drops Below USD 40K, Ether Breaks USD 3K, USD 120M Liquidated


  On Monday, the most popular cryptocurrency, bitcoin (BTC), dropped below the USD 40,000 level for the first time since August 2021, while ethereum (ETH) dived below USD 3,000 for the first time since October. At 14:36 UTC, BTC trades at USD 39,939 and is down almost 5% in a day, also erasing...

USD 500M Liquidated as Bitcoin Falls Below USD 60K, Ethereum Below USD 4K


Nearly USD 500m in long positions were liquidated across the crypto market in just one hour on Wednesday, as the price of bitcoin (BTC) fell below the psychologically important USD 60,000 level, and ethereum (ETH) dropped below USD 4,000. At press time (08:26 UTC), BTC was down by 7.5% for...

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