1Bitcoiner.com on Nostr: 29 Aug 24 - 📉 Bitcoin plummets 10.8%, from $65,062 to $58,053, as short-term ...
29 Aug 24 - 📉 Bitcoin plummets 10.8%, from $65,062 to $58,053, as short-term holders cash out, fueling a bear market. Open Interest in BTC futures surged 31% YoY, but positive funding rates failed to stabilize. Massive liquidations and rising spot inflows added pressure.
Published at
2024-08-29 08:19:42Event JSON
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"content": "29 Aug 24 - 📉 Bitcoin plummets 10.8%, from $65,062 to $58,053, as short-term holders cash out, fueling a bear market. Open Interest in BTC futures surged 31% YoY, but positive funding rates failed to stabilize. Massive liquidations and rising spot inflows added pressure.",
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