BTC
1.33%
ETH
0.20%
USDT
0.02%
SOL
3.92%
BNB
0.93%
USDC
0.00%
XRP
-1.35%
DOGE
4.31%
TON
-0.22%
ADA
2.00%
BTC
1.33%
ETH
0.20%
USDT
0.02%
SOL
3.92%
BNB
0.93%
USDC
0.00%
XRP
-1.35%
DOGE
4.31%
TON
-0.22%
ADA
2.00%
Bitcoin's recent surge has triggered a divergence in trading strategies among hedge funds and asset managers. The rally, leading to the liquidation of numerous short positions in recent months, has prompted traders to adopt contrasting approaches.
Latest
Bitcoin Rebounds to $66,000 with Pension Fund Investment
Bitcoin has surged to $66,000 following an announcement from the mayor of Jersey City on Thursday.
Bitcoin Drops to $64,000 Amid Mt. Gox Repayment Pressure
Bitcoin fell to $64,000 as the market feared that Mt. Gox's repayment would trigger substantial selling pressure.
Bitcoin Drops to $65,700, Miners’ Capitulation Ends
Bitcoin is currently trading at $65,700, having slightly declined from its peak of $68,400 on July 22. On-chain data indicates that Bitcoin mining revenue has nearly reached the annual average, suggesting that miners' capitulation may soon come to an end.
Get 50% Commission From the BingX Affiliate Program with AZCNews
Become a BingX Affiliate Partner with AZC today to receive up to a 50% commission, helping you earn a passive and lifetime income.
Bitcoin Trading Above $67,000 with Most Addresses in Profit
Bitcoin is holding strong at the time of writing, fluctuating above $67,000. Despite the challenging uptrend and weakening momentum, there are signs that everything is stable, at least from a profitability standpoint.