Bitcoin traders back in profit even as price slows alongside spot BTC ETF inflows
Despite this week’s Bitcoin price sell-off, the rally to $68,000 put short-term traders back in profit and onchain metrics remain bullish.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Despite this week’s Bitcoin price sell-off, the rally to $68,000 put short-term traders back in profit and onchain metrics remain bullish.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin’s $69,000 breakout now hinges on yields after Fed warns more tightening may be needed
Bitcoin ran from around $64,100 to nearly $70,000 within hours on Aug. 19, once the US Treasury unexpectedly doubled its planned b...
Bitcoin Hits 11-Week High as US Treasury Doubles Debt Buyback Programme
Bitcoin reached an 11-week high after the US Treasury doubled its debt buyback programme, in a macro-driven rally for crypto and w...
Crypto liquidation event sees 174,350 traders liquidated for $3B
The event underscores the volatility and risks of high leverage in crypto markets, highlighting the need for cautious trading stra...
Returning traders make up 61% of Solana’s weekly traders, highest since June 2024
Solana's high trader retention indicates strong user engagement, enhancing network sustainability and liquidity, crucial for compe...
Ripple just scored two major institutional wins but XRP traders are bracing for a bigger move
On Aug. 18, Ripple deepened its push into traditional finance, securing a South Korean banking deal as its prime brokerage raised...
Bitcoin Hits $70,000 as Trump Pushes CLARITY Act, Hyperliquid Surges and $1.4 Billion in Shorts Get Wiped Out
By late trading, Bitcoin was changing hands around $69,200, up approximately 7% over 24 hours after starting the session near $64,...