“Considering that the exchange order book shows 5-10 bitcoins of liquidity for every $100 price change, a sell-off of 1,000 bitcoins is highly likely to trigger a significant price drop,” Bradley Park, an analyst at CryptoQuant, told CoinDesk in an interview. “Especially when traders are waiting to enter a short against bitcoin’s all-time high like on Tuesday.”
$5.5 Billion XRP Open Curiosity Alerts Optimistic Response to Paul Atkins’ Newest Replace
Ripple (XRP) worth rebounded to $2.59 Tuesday, fueled by $5.5B open curiosity and SEC Chair, Paul Atkins signalling softer crypto...
