MARKET UPDATE | BTC & BINANCE
Bitcoin is trading around the $85K area, while the total crypto market cap has climbed to approximately $2.99T, up about 1.1% in 24 hours. �
Coin Gabbar
📊 Key developments today:
• $110M in crypto shorts were liquidated during a rapid 10-minute move, showing that leverage remains a major volatility factor. �
TradingView
• Binance Futures launched the CTUSDT perpetual contract, adding another trading option for CT. �
Binance
• Binance announced the removal of AUCTION/USDC and VANA/USDC spot trading pairs today. The tokens themselves remain available through other trading pairs. �
Binance
• Citi raised its 12-month BTC forecast to $113K and ETH forecast to $3,028, citing stronger crypto activity and ETF inflows. This is Citi's forecast, not a guaranteed target. �
Reuters
⚠️ Scalpers: Sudden liquidation-driven moves can create both breakout and reversal setups. Watch BTC dominance, volume, funding rates and liquidation data before entering leveraged trades.
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