Coinbase buyers have now bid Bitcoin below the global price for 42 days running. The Coinbase premium, the gap between the US price and other exchanges, read -0.14% on Oct 17.
$BTC traded at $81,667, down 0.70% over 24 hours. Bitcoin holds 59.32% of a $2.8T market, and the Fear & Greed index reads 55, in greed.
The heaviest leverage loss came on Cardano. $ADA open interest, the total of open bets, fell 6.5% as price dropped 3.5%, so leveraged longs were the ones closed out. Across 10 tracked majors, 3 added leverage and 2 saw it squeezed out.
$BTC traded at $81,667, down 0.70% over 24 hours. Bitcoin holds 59.32% of a $2.8T market, and the Fear & Greed index reads 55, in greed.
The heaviest leverage loss came on Cardano. $ADA open interest, the total of open bets, fell 6.5% as price dropped 3.5%, so leveraged longs were the ones closed out. Across 10 tracked majors, 3 added leverage and 2 saw it squeezed out.