Bitcoin Whales Scoop 358,000 BTC As USDT Liquidity Spikes: Are Bulls Ready To Rumble?

Quick Summary:

Even though buyers expect prices to recover and break above $69,000, bears have been unyielding, even piercing the upper range of the current consolidation.

Bitcoin is bearish at press time, fading last week’s strong gains.

At spot rates, Bitcoin is down 6% from last week’s highs and roughly 12% from all-time highs.

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Article Details

Author / Journalist: Dalmas Ngetich

Category: Crypto

Markets: HungaryChina

Topics: Kraken Bitcoin Bitcoin trading USDT Bitcoin News Spot Bitcoin ETFs Bitcoin Miners Mt gox Btc Bitcoin price BTCUSDT

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-26 @ 08:30:34 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 370 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 21782905

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 12 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #105

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