Source: CoinTelegraph ↗
Bitcoin price spike to $64.5K was ‘low-volume liquidity trap’: Analysis
What the source reports
Bitcoin derivatives markets created a short squeeze that took BTC price action 3% higher on Monday.
Read the original report on CoinTelegraph ↗Live market context
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
Related news
Open news desk →Bitcoin pauses at $64,000 as rising yields, oil drag equities lower
BTC has dropped 0.6% since midnight UTC as Nasdaq 100 futures slip 1.1%, with the FOMC's July meeting minutes and a White House crypto summit both due Wednesday.
Bitcoin scores a rare win over S&P 500 with 2.6% rise versus 0.5% fall
BTC outperformed Wall Street on Monday, breaking its recent pattern of lagging behind U.S. stocks.
Bitcoin turned $10,000 into $870,000 in a decade where 87% of active stock funds failed to beat passive rivals
Bitcoin returned 87 times over a decade, while only 13% of actively managed US large-cap equity funds beat comparable passive funds' benchmarks through June 30, according to Morningstar data reported by The Wall Street Journal. That rate rose to 27% over the latest 12 months, and Wall Street has argued that AI-driven dispersion and higher […]The postBitcoin turned $10,000 into $870,000 in a decad...