Despite a Fed rate hike, BOJ rate hike, and the CLARITY Act failing to advance in the U.S. Senate, Bitcoin has bounced hard.
đ° ~$130B added to BTC market cap in 4 days
âż BTC: +9%
âŠïž ETH: +11.5%
⥠BTC gained nearly 6% in one day
⥠ETH jumped roughly 8%
And the volatility was brutal:
đ„ 124,345 traders liquidated
đž $650.14M total liquidations
đŽ $577.16M shorts
đą $72.7M longs
The interesting part? Shorts took the biggest hit as the market ripped higher. CoinDesk reported BTC up nearly 6% over 24 hours and ETH about 7.3% during Fridayâs rally.
Bad news came in. Bitcoin said: âNot today.â đđ
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