RATE Group | Short Squeeze as Reason for Decrease to $7,000?
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Short Squeeze as Reason for Decrease to $7,000?

26 Apr Short Squeeze as Reason for Decrease to $7,000?

Posted at 20:00h in Bitcoin News by

This weekend has been quite positive for the cryptocurrency market. All of the top 10 coins have come back into the green. Tezos (XTZ) has had the largest gains, rising about 4% since yesterday.


Top 10 Coins by Coinstats

The recent growth of Bitcoin (BTC) and other coins has had a positive effect on the total market capitalization, which has increased by more than $10 billion since the last week. Currently, it is sitting at $215.3 billion.


Total Market Capitalization

Meanwhile, the market share of Bitcoin (BTC) has remained relatively unchanged from the previous week, with the current index sitting at 63.4%.


BTC’s Market Share

Below is the relevant data for Bitcoin (BTC) and how it is looking today:


  • Name: Bitcoin

  • Ticker: BTC

  • Market Cap: $139,938,939,116

  • Price: $7,627.66

  • Volume (24H): $31,577,347,614

  • Change (24H): 1.39%

BTC/USD: Is It the Right Time to Open Short Positions?


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