Bitcoin price spike to $64.5K was ‘low-volume liquidity trap’: Analysis
CoinTelegraph3h agoUpdated 34m ago

Smart Read
Bitcoin derivatives markets created a short squeeze that took BTC price action 3% higher on Monday.
Coins in this story
Discussion
Related stories

CryptoSlate
Polymarket’s 20% CLARITY Act odds sit on a market one $100K trade could radically reprice
An anonymous trader on Polymarket holds a No position on the CLARITY Act worth about $414,895, roughly 2.6 times larger than the $160,200 in liquidity currently available on the market where it sits. CryptoSlate's live market data puts CLARITY Act odds near 20% Yes, a number now widely read as Washington's probability…

CoinDesk
The bitcoin price level where leveraged bulls could get whacked
Bulls are stacking longs, liquidity is thinning and one key level could trigger large liquidations.

CoinDesk
XRP sinks below $1 for first time since 2024 as Korean bank adopts Ripple Payments
Jeonbuk Bank will use Ripple’s 24/7 cross-border payment service for business remittances, but it is unknown whether the flows will use XRP or Ripple’s RLUSD stablecoin.
KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.