Bitcoin Eyes $58K With Downtrodden Crypto Markets Exposed to Short Squeezes, Says Analyst

Bitcoin Eyes $58K With Downtrodden Crypto Markets Exposed to Short Squeezes, Says Analyst   coindesk.com 10 September 2024 21:34, UTC Bitcoin (BTC) was rising on Tuesday as the crypto market continued its rebound from last week’s fear-inducing plunge. The largest crypto’s price was nearing $58,000 late in the U.S. trading session, up 1.7% in the…

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Traders Shorting Bitcoin Amid $58K Rebound; Analysis Suggests FUD Could Drive Prices Higher

Traders Shorting Bitcoin Amid $58K Rebound; Analysis Suggests FUD Could Drive Prices Higher   thecryptobasic.com 10 September 2024 13:45, UTC The crypto market is in a recovery mode as Bitcoin has today rallied above $58,000 for the first time in September, marking a 4.8% gain within 24 hours. Despite surpassing $58K, this surge has sparked…

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Bitcoin miners stay resilient despite traders' waning risk appetite — Glassnode

Bitcoin miners stay resilient despite traders' waning risk appetite — Glassnode   cryptoslate.com  + 1 more 10 September 2024 20:05, UTC Bitcoin (BTC) miners are demonstrating unwavering commitment as the network’s hash rate approaches an all-time high, according to a recent Glassnode report. The report noted that the 14-day moving average hash rate has climbed…

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