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Bitcoin’s new ‘2-year high’ fuels market correction concerns – Details

AMBCrypto LogoAMBCrypto4d ago

Bitcoin’s new ‘2-year high’ fuels market correction concerns – Details - AMBCrypto

Quick Summary:

A new 'high' for Bitcoin could possible mean alarm bells for the cryptocurrency.

Over-leveraging usually makes the market more sensitive to price changes.

According to an analysis of IntoTheBlock, BTC’s leverage ratio climbed to a 2-year high recently.


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Article Details

Author / Journalist: Gladys Makena

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-10 @ 03:00:55 (4 days ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 492 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 17 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 23485884

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 20 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

Publisher Details

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The story "Bitcoin’s new ‘2-year high’ fuels market correction concerns – Details" has 492 words across 29 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "Bitcoin’s new ‘2-year high’ fuels market correction concerns – Details" was covered 4 days ago by AMBCrypto, a news publisher based in United States.

How trustworthy is 'AMBCrypto' news outlet?

AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 20 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #23485884
  • URL: https://beamstart.com/news/bitcoins-new-2-year-high-17312077366768

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