Bitcoin just wiped out $600 million in bets, triggering a "mechanical" loop that forces prices toward $100k

Bitcoin’s price rallied above $95,000 during the last 24 hours, signalling a definitive shift in market structure rather than a simple volatility spike. According to CryptoSlate’s data, the t...

By · · 1 min read
Bitcoin just wiped out $600 million in bets, triggering a "mechanical" loop that forces prices toward $100k

Source: CryptoSlate

Bitcoin’s price rallied above $95,000 during the last 24 hours, signalling a definitive shift in market structure rather than a simple volatility spike. According to CryptoSlate’s data, the top crypto rose by more than 3% to reach a high of over $96,000, its highest price level since mid-November. BTC has retraced to $95,028 as of […]