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rally to $111k likely as soft CPI print fuels rate cut talks

Bitcoin is entering a period of volatility, as macro effects align for a short-term rally to $111,000, according to Bitfinex Head of Derivatives Jag Kooner. Macro factors, including a potential U.S.– China trade deal and cooler-than-expected inflation figures, are aligning to support another Bitcoin (BTC) ally. On Wednesday, June 11, Jag Kooner, Head of Derivatives … Read more

Bitcoin’s pullback from $111K wiped out $560M in crypto liquidation wave

Bitcoin’s latest pullback from its ATH at $111K has led to a wave of liquidations, wiping out $560M in long and short positions. Bitcoin’s (BTC) latest pullback has contributed to a wave of liquidations of futures positions. On Friday, May 23, liquidations on crypto exchanges affected 160,905 traders, with a total value of erased positions … Read more

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