Bitcoin Just Surged to $6,500 After Over 10% Weekend Crash

2020-3-31 23:31

In the past 20 minutes, Bitcoin has traded above $6,500, marking a rapid 12% gain from the $5,800 bottom seen on Sunday evening (UTC). Due to this move, the BitMEX funding rate on the Bitcoin (XBT) contract surged by 990%, according to data from Joe McCann, a cryptocurrency trader and AI/cloud specialist at Microsoft. According to him, this means “bulls [are] getting levered up here,” potentially setting the stage for a long squeeze in the future. Analysts are currently divided over what this means for the cryptocurrency; just 24 hours ago, many were charting a move to the low-$5,000s, citing the fact that it slipped below a number of supports as if it was a hot knife going through butter. According to prominent crypto trader Flood, who called the recent move from $6,800 $6,200, Bitcoin is likely to retest $8,000 in the near future. We shorted, now we long to 8k pic.twitter.com/zmYQm2psQZ — Flood [BitMEX] (@ThinkingUSD) March 28, 2020 Featured Image from Shutterstock origin »

Bitcoin price in Telegram @btc_price_every_hour

Bitcoin (BTC) на Currencies.ru

$ 71130.11 (-0.38%)
Объем 24H $54.821b
Изменеия 24h: 3.69 %, 7d: 4.34 %
Cегодня L: $69275.57 - H: $72467.99
Капитализация $1423.541b Rank 1
Цена в час новости $ 6477.66 (998.08%)

bitcoin 500 according surged xbt rate contract

bitcoin 500 → Результатов: 126


Bitcoin Surges Above $123K—5 Meme Coins Like Bonk and XYZVerse Poised for Explosive 6,500% Returns

With Bitcoin surpassing the $123,000 mark, the spotlight shifts to a select group of meme coins that could deliver incredible gains of up to 6,500%. Tokens like Bonk and XYZVerse are stirring excitement among investors, hinting at the possibility of extraordinary growth opportunities in the rapidly evolving cryptocurrency market.

2025-7-20 13:00