BEAMSTART Logo

Bitcoin’s Record High Could Trigger $215M in Short Liquidations: What’s at Stake?

BitcoinWorld LogoBitcoinWorld2w ago

Bitcoin’s Record High Could Trigger $215M in Short Liquidations: What’s at Stake? - BitcoinWorld

Quick Summary:

Bitcoin’s Record High Could Trigger $215M in Short Liquidations: What’s at Stake?

Bitcoin Nears All-Time High, Setting the Stage for Massive Short Liquidations As Bitcoin edges closer to its all-time high of $73,777, the potential for significant short liquidations looms, with pressure building on short positions across major centralized exchanges (CEXs).

Market Momentum: The upward pressure from liquidations could draw in more buyers, who may join the rally out of FOMO (fear of missing out), propelling Bitcoin’s price further.


More Pictures

Bitcoin’s Record High Could Trigger $215M in Short Liquidations: What’s at Stake? - BitcoinWorld (Picture 1)

or

Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 08:29:52 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 900 words

Reading Time: 5 minutes read

Sentences: 45 lines

Sentence Length: 20 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 23444444

View Article Analysis

About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 20 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

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: #121

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Bitcoin’s Record High Could Trigger $215M in Short Liquidations: What’s at Stake?" has 900 words across 45 sentences, which will take approximately 4 - 8 minutes for the average person to read.

Which news outlet covered this story?

The story "Bitcoin’s Record High Could Trigger $215M in Short Liquidations: What’s at Stake?" was covered 2 weeks ago by BitcoinWorld, a news publisher based in India.

How trustworthy is 'BitcoinWorld' news outlet?

BitcoinWorld is a fully independent (privately-owned) news outlet established in 2020 that covers mostly crypto news.

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

It's most recent story was published 9 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #23444444
  • URL: https://beamstart.com/news/bitcoins-record-high-could-trigger-17308825005146

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.