Over $20 Million In Bitcoin Shorts Liquidated As Bitcoin Recovers $9,000
Bitcoin Price Reaches $9,000 as Over $20 Million in Shorts are Liquidated
The Bitcoin price reached $9,000 on Thursday as over $20 million in shorts were liquidated.
Bitcoin Price Reaches $9,000
The Bitcoin price reached $9,000 on Thursday as over $20 million in shorts were liquidated. This brings the total market capitalization of cryptocurrencies to over $320 billion.
Bitcoin prices have been on a tear lately, reaching all-time highs of over $10,000 earlier this month. The rally has been fueled by an increasing number of institutional investors entering the space.
Over $20 Million in Shorts Liquidated
Over $20 million in shorts were liquidated on Thursday, leading to a small uptick in the Bitcoin price. However, the market continues to be dominated by long-term investors.
This latest development follows a report earlier this week that Japanese financial services company SBI Holdings is considering investing in Bitcoin and other digital currencies.
It is unclear what impact this news will have on the overall market sentiment. However, it is clear that the cryptocurrency market is continuing to grow rapidly.
Bitcoin Bulls Come Out on Top as Market Sees $20 Million in Short Covering
Bitcoin bulls continue to outperform the market as short covering activity ramps up in anticipation of the SEC’s decision on the proposed VanEck-SolidX Bitcoin ETF.
As of Wednesday, July 18, the Bitcoin price was up 3.5% on the day, reaching $6,490. Meanwhile, the S&P 500 was down 0.2%, while the Dow Jones Industrial Average was down 0.3%.
Looking at short covering activity, there has been a significant increase in the past 24 hours. According to data from CoinMarketCap, short covering volume has increased by more than $20 million over the past day. This represents a 47% increase over the past week and 94% increase over the past month.
The increasing short covering activity is likely in anticipation of the SEC’s decision on the proposed VanEck-SolidX Bitcoin ETF. If approved, this ETF would be the first regulated securities product based on bitcoin. The ETF would allow investors to purchase shares that would represent a ownership interest in the Bitcoin blockchain.
However, there is still uncertainty surrounding the ETF proposal as the SEC is still reviewing it. This has created uncertainty in the market, which has led to short covering activity.
If approved, the VanEck-SolidX Bitcoin ETF would be a big win for the cryptocurrency market. It would provide investors with a way to access the cryptocurrency market and would increase the legitimacy of the cryptocurrency market. This could lead to further growth in the Bitcoin price.
Bullish Momentum Carries Bitcoin Price to $9,000 as Shorts are Forced to Liquidate
Bitcoin price reached $9,000 on Wednesday, as shorts were forced to liquidate their positions. The bullish momentum has carried the digital currency to new all-time highs this year.
Bitcoin Price Gains as Bulls Push Price Above $8,000
Bitcoin price surged past $8,000 on Tuesday, as bulls pushed the digital currency above key support levels. The bullish momentum has been supported by increasing institutional investor interest, as well as the increasing number of exchanges that are starting to list Bitcoin futures contracts.
Bitcoin Price Rides Bullish Momentum to New All-Time Highs
Bitcoin price surged past $7,900 on Monday, as bullish momentum continued to fuel new all-time highs. The digital currency has been supported by increasing institutional investor interest, as well as the increasing number of exchanges that are starting to list Bitcoin futures contracts.
Over $20 Million of Bitcoin Shorts Liquidated as Price Reaches New Highs
As of press time, the total market capitalization of all cryptocurrencies is over $220 billion. This has resulted in a large number of Bitcoin shorts being liquidated, as the price of Bitcoin reaches new highs.
As of writing, the market cap of Bitcoin is over $22 billion. This has resulted in a large number of short positions being liquidated, as the price of Bitcoin reaches new highs. This has caused the price of Bitcoin to reach new all-time highs.
This has led to a large increase in the supply of Bitcoin, as the shorts have been forced to sell their Bitcoin at a higher price. This has resulted in a large increase in the supply of Bitcoin, which is likely to cause the price of Bitcoin to decline in the near future.
Crypto Market Celebrates as Bull Run Continues and Shorts Get Squeezed
Cryptocurrencies are enjoying a bull run as prices have surged across the board in recent weeks. This has been good news for those who own cryptocurrencies, as the value of their holdings has risen. However, it has also created opportunities for short sellers, who have had to cover their positions as prices have gone up.
Bitcoin prices have surged by more than 20% over the past month, reaching a new all-time high of $8,700. This has been good news for those who own cryptocurrencies, as the value of their holdings has risen. However, it has also created opportunities for short sellers, who have had to cover their positions as prices have gone up.
Bitcoin is not the only cryptocurrency experiencing a bull run. Ethereum prices have also surged by more than 20%, reaching a new all-time high of $1,392. This has been good news for those who own cryptocurrencies, as the value of their holdings has risen. However, it has also created opportunities for short sellers, who have had to cover their positions as prices have gone up.
Altcoins are also seeing strong prices movements. Ripple prices have surged by more than 30%, reaching a new all-time high of $0.78. This has been good news for those who own cryptocurrencies, as the value of their holdings has risen. However, it has also created opportunities for short sellers, who have had to cover their positions as prices have gone up.
Overall, the crypto market is continuing to enjoy a bull run, with prices increasing across the board. This has been good news for those who own cryptocurrencies, as the value of their holdings has risen. However, it has also created opportunities for short sellers, who have had to cover their positions as prices have gone up.
Bitcoin Price Flies Past $9,000 Mark After Over $20 Million in Shorts Liquidated
Bitcoin price continued to surge past $9,000 against the US Dollar and Bitcoin Cash. Over $20 million in shorts were liquidated in the past 24 hours, pushing the total market capitalization above $200 billion.
Bitcoin Price Flies Past $9,000 Mark After Over $20 Million in Shorts Liquidated
The Bitcoin price surged past the $9,000 mark against the US Dollar and Bitcoin Cash. Over $20 million in shorts were liquidated in the past 24 hours, pushing the total market capitalization above $200 billion.
Bitcoin Price Flies Past $8,000 Mark
The Bitcoin price surged past the $8,000 mark against the US Dollar and Bitcoin Cash. Over $20 million in shorts were liquidated in the past 24 hours, pushing the total market capitalization above $200 billion.
Bitcoin Price Flies Past $7,000 Mark
The Bitcoin price surged past the $7,000 mark against the US Dollar and Bitcoin Cash. Over $20 million in shorts were liquidated in the past 24 hours, pushing the total market capitalization above $200 billion.
Bitcoin Price Flies Past $6,000 Mark
The Bitcoin price surged past the $6,000 mark against the US Dollar and Bitcoin Cash. Over $20 million in shorts were liquidated in the past 24 hours, pushing the total market capitalization above $200 billion.
Bears Lose Battle With Bulls As Bitcoin Price Surges to $9K Following Short Liquidation
Bitcoin prices surged past the $9,000 mark on Tuesday, as short liquidations in the cryptocurrency market pushed prices higher.
The value of a bitcoin surpassed the $9,000 mark for the first time on Tuesday, as short liquidations in the cryptocurrency market pushed prices higher.
Bitcoin prices surged past the $9,000 mark on Tuesday, as short liquidations in the cryptocurrency market pushed prices higher.
Bitcoin prices surged past the $9,000 mark on Tuesday, as short liquidations in the cryptocurrency market pushed prices higher.
Crypto Traders Rejoice as Bitcoin Recovers and Over $20 Million in Shorts are Closed Out
Bitcoin prices recovered on Wednesday, November 22, 2017, and shorts were closed out. Bitcoin was trading at $7,793.07 at press time. This is a 10% increase from the previous day’s price of $7,436.02.
Crypto traders rejoiced as Bitcoin prices recovered and shorts were closed out. Bitcoin was trading at $7,793.07 at press time. This is a 10% increase from the previous day’s price of $7,436.02.
The market has been in a bearish trend for the past few weeks, with prices dropping below $6,000. However, the recent rally has pushed prices back above $7,000.
Some analysts believe that the market is still in a bearish trend, but others believe that the market is correcting and that prices will reach $8,000 or even $10,000.
Bitcoin's Bull Run Gains Momentum as Shorts Pay the Price
Bitcoin prices have been on a tear lately, gaining more than 10% in the past few days. The market is clearly bullish, with investors betting on the potential for continued gains. But is this really a sustainable trend?
Short squeezes have been a big part of the bitcoin market, and they are likely to continue to do so. This is because short sellers borrow bitcoin and sell it, hoping to buy it back at a lower price and then resell it for a profit. But as the price of bitcoin goes up, the value of these short positions goes down, and so they are forced to sell at a higher price. This therefore pushes the price up even further, creating a self-fulfilling prophecy.
This is not to say that bitcoin will never go up in value. It could still do so, albeit at a slower pace. But the market is clearly biased in favor of further gains, which could be risky for those who are not prepared for a possible bubble.
Bitcoin Surge Continues: Over $20 Million in Shorts Liquidated at $9K
The bitcoin price surged past the $10,000 mark for the first time this year on Wednesday, with over $20 million in shorts liquidated at $9,000 apiece.
According to data from CoinMarketCap, the bitcoin price surged past the $10,000 mark for the first time this year on Wednesday, with over $20 million in shorts liquidated at $9,000 apiece.
The surge comes days after Coinbase announced it would be adding support for Ethereum and Litecoin, which could drive more speculative investors into the market.
At press time, the bitcoin price was trading at $10,036.
Market Favors the Bulls: Over $20 Million in Short Positions Wiped Out
The Bulls have been one of the most popular teams to bet on this season, and their success has paid off. Over $20 million has been wagered on Chicago so far this year, with the team as a whole favored in nearly 60 percent of all bets.
There are several factors that have helped the Bulls turn into a hot betting commodity. They rank first in the NBA in points scored and are second in the league in assists. They also have one of the best defenses in the league, allowing just 97.1 points per game. Combine these factors with Chicago's solid record over the past few seasons and it's no surprise that so much money has been wagered on the Bulls this year.
