Bitcoin dips below $29k sparking $160M liquidation in crypto market

Bitcoin’s (BTC) dip below $29,000 in early trading hours resulted in liquidations totaling around $160 million across the cryptocurrency market. Coinglass data revealed $48 million in liquidation for investors holding positions in the flagship asset, primarily affecting long traders who incurred most of the losses.

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Bitcoin (BTC) Dips Below $29,000 Despite Big PayPal News

Despite PayPal's major announcement of launching its own stablecoin, Bitcoin has experienced a drop below $29,000

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Bitcoin faces ‘endless spot selling’ as BTC price dips below $28.7K

BTC price strength fails to sustain $29,000 support as the week begins with fresh weakness for Bitcoin.

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Bitcoin price risks $25K dip despite ‘macro pivot point’ — New analysis

BTC price dips to six-week lows, but worse could be to come for Bitcoin, says Capriole Investments.

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Bitcoin dips below vital $29k mark as volatility hikes

Bitcoin (BTC) has dropped from the $29,000 mark for the first time since June 22. The downward movement comes as the broader crypto market witnesses a $21 billion fall. The flagship cryptocurrency is down by 1.5% in the past 24…

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Bitcoin Dips Below $29.2K After Curve Exploit but Continues Its Range-Bound Ways; ETH, SOL, MATIC Sink

BTC hovered comfortably over $29,300 for much of the weekend but dropped in the hours after Curve Finance tweeted that it had suffered an exploit.

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Bitcoin sees realized losses as it dips below $30K

Bitcoin slipping to $29,200 followed a two-month trading period in which BTC retained a tight range between $30,000 and $31,000. The drop was substantial, causing the most significant liquidation event in recent weeks, accounting for around $85 million.

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Institutions increasingly accumulate Bitcoin (BTC) as exchange balance dips

Crypto expert Miles Deutscher has commented on the current substantial surges in Bitcoin holdings. He believes the latest BlackRock spot BTC ETF filing has catalyzed optimism around the leading cryptocurrency by market cap.

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Bitcoin ‘overreacting’ as SEC returns ETF filings, BTC price dives 6%

Bitcoin ETF applications need refiling, the SEC says, but as BTC price dips to $29,500, markets instantly fear that the fight is over.

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Grayscale Bitcoin Trust Shares Rally to a One-Year High, Discount Dips to 30%

Investors are betting that recent filings for spot BTC ETF improve the chances for Grayscale to convert its trust into an ETF and close the price gap, one observer said.

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Bitcoin Price Rally Pauses But Not Likely Over – Dips Turn Attractive

Bitcoin price rallied toward $30,800 before the bears appeared. BTC is now correcting gains but dips could be attractive near the $28,800 zone. Bitcoin is currently correcting gains from the $30,800 zone.

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Bitcoin (BTC) sees steady accumulation despite regulatory challenges

The ongoing crypto regulation wave has dented sentiment in the digital assets industry. Nonetheless, reputable investors have used the latest dips to increase their bags. The latest data shows Bitcoin flowing into addresses that illiquid participants manage.

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Bitcoin: Where panic emerges, BTC holders see opportunity

49% of Bitcoin holders are in profit as the price slipped below $25,000 lately. If the price dips to $23,000, then long-term market participants may create demand in the zone. For the first The post Bitcoin: Where panic emerges, BTC holders see opportunity appeared first on AMBCrypto.

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Bitcoin dips below $27k in red market: CryptoSlate wMarket Update

Since last Friday’s wMarket report, the cryptocurrency market saw net outflows of $17 billion and currently stands at $1. 13 trillion — down 1. 54%. The market capitalizations of Bitcoin (BTC) and Ethereum (ETH) plunged 1.

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Sui Price Dips Below $1, While AI Coin yPredict Approaches $2 Million

The crypto market dipped again on Thursday as Bitcoin briefly descended below $26,000, leaving BTC now more than 3.5% down over the last week.  The rest of the crypto market continues to be dragged down as well as well, including Layer 1 smart contract platform Sui ($SUI), which is down 15% across the last seven … Continued The post Sui Price Dips Below $1, While AI Coin yPredict Approaches $2 Million appeared first on BeInCrypto.

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SUI price dips below $1, BTC, ETH struggle as crypto market shrinks 2.6%

Sui (SUI) fell below $1, while Bitcoin and Ethereum dropped below key levels at $26,500 and $1,800 respectively. Altcoins were selling off on Wednesday as the global cryptocurrency market cap dropped to $1.

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Bitcoin dips 5% to key support in ‘moment of truth’ for crypto market

Both BTC price and the total crypto market cap line up a retest of the 200-week moving average — a key bear market support line.

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First Mover Americas: Bitcoin Dips Below $27K After Hot UK Inflation Report

The latest price moves in bitcoin (BTC) and crypto markets in context for May 24, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Analyst predicts impressive Bitcoin (BTC) breakout – price surges or dips next week?

The cryptocurrency market remained with less activity during the weekend, with slight price movements. Nonetheless, Crypto Rover, a renowned crypto analyst & trader, forecasts an impeding breakout for Bitcoin.

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Bitcoin Dips Below $26,500 Amid US Government BTC Sale Rumors

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Bitcoin Dips Below $27K, Reversing Post-CPI Rally

The BTC/USD trading pair on Coinbase was trading as low as $26,800 before regaining some ground.

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Watch these Bitcoin price levels next as BTC dips 3% in choppy weekend

Some swift down moves fail to make Bitcoin dislodge a familiar trading range, with one trader calling it “in limbo.“

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CryptoSlate wMarket Update: Crypto market dips 1.5%, Litecoin defies wider downtrend

The cryptocurrency market cap saw net outflows of $17. 1 billion over the last 24 hours and currently stands at $1. 16 trillion — down 1. 5% from $1. 18 trillion. During the reporting period, Bitcoin (BTC) and Ethereum’s (ETH) market cap fell 1.

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Bitcoin Price Dips Again As The Bulls Struggle To Push It To $30K

Bitcoin price is correcting lower from the $28,800 zone. BTC might gain bearish momentum if there is a clear move below the $27,500 support. Bitcoin started another decline from the $28,800 resistance zone.

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Bitcoin often dips when the Fed raises rates 

Lookonchain recently looked at the performance of bitcoin (BTC) before and after the eight most recent Fed rate hikes.

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Bitcoin often dips when the Fed raises rates

Lookonchain recently looked at the performance of bitcoin (BTC) before and after the eight most recent Fed rate hikes.

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Bitcoin Price Defies Gravity And Here’s Why BTC Could Surge To $30K

Bitcoin price surged above the $28,000 resistance zone. BTC is correcting gains, but dips might be limited below the $26,200 support zone. Bitcoin is up over 20% in a few days and there was a move above the $28,000 resistance.

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Bitcoin (BTC) Dips $22,000 as Fed Chair Says Interest Rates Will Likely Be Higher

Investors will be closely watching Powell's comments on the Fed's inflation targeting steps

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Bitcoin Price Rejects $25K Again, Why Dips Still Remain Attractive

Bitcoin price faced a strong rejection near the $25,000 resistance. BTC remains supported near the $23,400 and $22,950 levels in the near term. Bitcoin is down over $1,000 after it faced rejection near the $25,000 resistance.

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Bitcoin Price Dips As Dollar Rips, Key Support Nearby

Bitcoin price is correcting gains below the $23,250 zone. BTC must stay above the $22,500 support to avoid a major drop in the coming sessions. Bitcoin is correcting gains below the $23,250 support zone.

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Bitcoin (BTC) Dips Lower on Extremely Strong Jobs Report

Bitcoin (BTC) dipped lower on Friday following release of latest US jobs report, which showed that US labor market remains overheated

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Anthony Scaramucci Predicts Crypto Market Shift as Bitcoin (BTC) Dips in 2023

Bitcoin (BTC) and crypto market on track for two-day dip

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Bitcoin Price Could Top In Short Term, Why Dips Might Be Attractive

Bitcoin price is still struggling to clear the $21,500 resistance zone. BTC could correct further lower if there is a clear move below the $20,500 support zone. Bitcoin struggled to clear the $21,500 resistance zone and corrected lower.

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Bitcoin (BTC) Dips Lower as Genesis Prepares to File for Bankruptcy

Genesis Global Capital is navigating a precarious financial situation, with bankruptcy looming as the likely outcome if it does not secure the liquidity necessary to stay afloat

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BTC price dips 1% on Wall Street open as Bitcoin miners worry analysts

A taste of BTC price volatility returns as United States stocks begin trading in the run-up to the yearly close.

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Bitcoin dips below $16.7K as US GDP meets fresh BTC price 'death cross'

Bitcoin has never seen this particular "death cross" before in its life, one analyst notes as BTC price weakness continues.

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Bitcoin dips under $17K as ‘craziest rumors’ over Binance sink BTC price

Bitcoin traders stay wary over Binance “FUD” triggering overly bearish BTC price action.

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Price analysis 11/21: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT

Crypto markets have started the week on a weak note, suggesting that buyers remain skeptical about buying any significant dips.

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FTX Exploiter swaps 50K ETH to BTC swap sparking concern for Ethereum as ETH dips 3%

On November 20, the FTX Exploiter account began to start shifting the stolen funds once again — totaling 50,000 Ethereum (ETH) valued at an estimated $60 million. The post FTX Exploiter swaps 50K ETH to BTC swap sparking concern for Ethereum as ETH dips 3% appeared first on CryptoSlate.

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Bitcoin price dips under $17.6K June low as FTX nerves liquidate nearly $1B

BTC price pressure sees sellers take out existing two-year macro lows, but optimism over a relief “pump” is building.

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Price analysis 10/21: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, MATIC

The S&P 500 and Bitcoin bounced off their nearby support levels, indicating that the bulls have not given up and are possibly buying the dips.

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Bitcoin prepares for CPI showdown as BTC price dips below $19K cost basis

BTC price performance declines in line with U.S. equities ahead of classic volatility engendered by CPI data.

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Breaking: Bitcoin (BTC) Price Dips Below $19,000, Increasing the Risk of a Sell-Off

Bitcoin (BTC) price appears to be losing the $19,000 support level. On-chain data shows that this downswing could encourage investors to exit their long positions, triggering a sell-off. The post Breaking: Bitcoin (BTC) Price Dips Below $19,000, Increasing the Risk of a Sell-Off appeared first on BeInCrypto.

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CryptoSlate Daily wMarket Update – Oct. 6: Market turns red as BTC dips below $20,000

Reversing the trend of the past three days, the cryptocurrency market saw $15. 3 billion flow out over the past 24 hours, according to CryptoSlate data. The post CryptoSlate Daily wMarket Update – Oct.

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BTC Dips To $18,400 As Market Liquidations Near Half A Billion Dollars

Massive futures market liquidations have followed the crypto market crash that saw the price of bitcoin (BTC) drop to a three-months-low price of $18,400. Futures liquidations across the crypto market reached over $434 million in the last 24 hours.

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Bitcoin Whale Selling Pressure Continues As BTC Dips Under $20k

On-chain data shows Bitcoin whales have continued to put selling pressure on the market as the price of the crypto now drops below $20k. Bitcoin Exchange Whale Ratio Has Spiked Up To High Values As pointed out by a post from CryptoQuant, the exchange inflows that followed the US CPI release lead to the price crashing 10% in only a couple of hours.

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CNBC Panellist Forecasts Further Dips For BTC As Struggle For $19k Continues

Bitcoin (BTC) is still contending with the bears for the $19K support level. While the crypto community anticipates a trend reversal, a CNBC panellist and trader is asking investors to abandon hope in the short term, as he predicts an extended period of bearish price actions for BTC. Dan Nathan says BTC will not see […]

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Bitcoin Dips Below $19K, Hitting Lowest Point in Two Months

BTC price drop came after a 10-day stretch during which bitcoin traded right around the $20,000 mark.

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TA: Bitcoin Price Lacks Momentum Above $20K, But Dips Likely To Be Limited

Bitcoin is struggling to gain momentum above $20,000 against the US Dollar. BTC could rise steadily if there is a clear move above the $20,200 resistance zone. Bitcoin is stuck near the $20,000 zone and trading below the $20,550 resistance.

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