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Bitcoin Update: $120 Million Futures Liquidated As Price Takes A Beating

NewsBTC 03 May 2024
The recent dip in the price of Bitcoin below the $59,000 support level has sent jitters through the cryptocurrency market. While the price drop triggered liquidations in futures markets, analysts warn that a more significant decline could be on the horizon in the absence of a full-blown market capitulation ... $BTC Futures Market Not Yet Signaling Capitulation ... Navigating The Bitcoin Maze.

JPMorgan Warns About Bitcoin’s Short-Term Future

Crypto Economy 03 May 2024
Among these obstacles are the elevated market position of some investors, the high prices of bitcoin compared to gold and the estimated production costs of bitcoin, as well as the lack of enthusiasm in venture capital (VC) financing for projects related to cryptocurrencies ... be maintaining a more limited reduction of positions in the futures market.

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# Name Price Volume (24h) % Change (24h)
1 Bitcoin (BTC) $ 9379.51121871 29291234397.1 -2.12 %
2 Litecoin (LTC) $ 68.6382381813 5720089694.18 -1.62 %
3 Ethereum (ETH) $ 181.975638826 11767008363.1 -0.48 %
4 Veritaseum (VERI) $ 18.45 0 0.00 %
5 EOS (EOS) $ 4.206085936 3774755482.59 -0.25 %
6 Centra (CTR) $ 0.01471 0 0.00 %
7 DigiByte (DGB) $ 0.0062005626 942236.540577 0.00 %
8 AdEx (ADX) $ 0.05420 88877.21 -1.21 %
9 Humaniq (HMQ) $ 0.004962 14208.2208233 0.00 %
10 Private Instant Verified Transaction (PIVX) $ 0.2293 734764.276735 -3.14 %
11 XRP (XRP) $ 0.2412959304 1903216173.21 0.88 %
12 Bitshares (BTS) $ 0.0211442821 3198719.09431 -1.80 %
13 BitSwift (SWIFT) $ 0.4051 0 0.00 %
14 OmiseGo (OMG) $ 0.9035012009 73564679.2141 2.52 %
15 Sphere Coin (SPHR) $ 0.06553 0 0.00 %
16 Ethereum Classic (ETC) $ 11.5038562535 2965506879.02 -0.61 %
17 NEM (XEM) $ 0.0454819175 29553422.0555 0.00 %
18 Rivetz (RVT) $ 0.007995 9993 -20.90 %
19 MaidSafe Coin (MAID) $ 0.1110 1367484.96476 -0.32 %
20 FunFair (FUN) $ 0.003110 659876.996354 -2.81 %
21 Paragon (PRG) $ 0.01592 362.34112 -12.81 %
22 Stratis (STRAT) $ 0.3037 985978.792886 -0.12 %
23 NavCoin (NAV) $ 0.1015 659640.563461 -1.83 %
24 Rise (RISE) $ 0.002627 44551.98061 3.45 %
25 Verge (XVG) $ 0.0037872163 759364.83599 5.08 %
26 Reddcoin (RDD) $ 0.0007190 40259681.7228 25.00 %
27 TenX (PAY) $ 0.05483 456707.500823 -0.13 %
28 Waves (WAVES) $ 0.8912100364 82970286.3014 1.84 %
29 Lisk (LSK) $ 1.0365054837 6082448.73385 6.17 %
30 KickCoin (KICK) $ 0.0000969519 57571.4577545 5.26 %
31 Monero (XMR) $ 72.1346716882 107010674.883 0.86 %
32 Komodo (KMD) $ 0.6368109417 2702396.03471 3.95 %
33 BitcoinDark (BTCD) $ 22.00 0 0.00 %
34 Dash (DASH) $ 129.41 44110.8016989 2.43 %
35 Gnosis (GNO) $ 15.82 542.73541475 -0.64 %
36 Populous (PPT) $ 0.5442 589469.581183 5.01 %
37 NEO (NEO) $ 11.5080200258 470747259.833 7.02 %
38 BitConnect Coin (BCCOIN) $ 1.00 0 0.00 %
39 Tether (USDT) $ 1.0003916102 40283398497.6 0.00 %

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Bitcoin Update: $120 Million Futures Liquidated As Price Takes A Beating

NewsBTC 03 May 2024
The recent dip in the price of Bitcoin below the $59,000 support level has sent jitters through the cryptocurrency market ... $BTC Futures Market Not Yet Signaling Capitulation ... The current market volatility presents a complex challenge for investors.
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JPMorgan Warns About Bitcoin’s Short-Term Future

Crypto Economy 03 May 2024
TL;DR JPMorgan maintains a cautious stance towards cryptocurrency markets due to several negative factors. A lack of positive catalysts, declining retail momentum, and other headwinds continue to impact the market.
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BDAG Surpasses NEAR & XLM Crypto Prediction with $20 Valuation by 2027

NULLTX 03 May 2024
BlockDAG’s Market Influence Grows ... While Stellar (XLM) faces persistent bearish trends and declining interest, NEAR Protocol experiences a notable price increase to $6.8, indicating a robust performance in a variable market.
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4 Dogecoin Rival Meme Coins To Buy For $100,000 Profit In May

CoinGape 03 May 2024
Key Dogecoin competitors are making waves in the cryptocurrency market, notably Shiba Inu (SHIB), Pepe (PEPE), dogwifhat (WIF), and Bonk (BONK) ... Meanwhile, Dogecoin itself has rebounded, benefiting from the broader market’s upward momentum.
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BlockDAG X1 Mining App Sale Vs TON Price: Can Ethereum Overtake Bitcoin?

NULLTX 03 May 2024
BlockDAG’s Market Influence Soars With $2.3 Million Miner Sales, Outshining Ethereum And Toncoin In 2024 ... Forecasting a Bullish Market Presence ... The project’s market strategy extends beyond its technological offerings.
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BitMEX’s Arthur Hayes To Buy These Cryptos In May

CoinGape 03 May 2024
BitMEX co-founder Arthur Hayes has sparked discussions in the crypto market by disclosing his cryptocurrency investment strategy for May ... Arthur Hayes, the , remarked on recent crypto market turbulence, likening it to a necessary cleansing.
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India’s Sensex plunges over 1,000 points amid profit-booking, Nifty drops 200

Invezz 03 May 2024
The fall erased earlier gains from the morning session, signaling a volatile day for the Indian markets ... These significant declines among top firms contributed heavily to the overall slump in the market ... Global market context.
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Arthur Hayes Predicts Bitcoin (BTC) Rebound: Market Cleansing Sets Stage for Price Surge

Crypto Economy 03 May 2024
He attributes the recent market downturn to various factors, including the tax season in the United States and uncertainty about Federal Reserve policies ... For Hayes, the market downturn was not surprising, as several factors contributed to it.
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Magnificent 7 stocks: What Apple, Amazon, Meta, Google, Microsoft, Tesla earnings tell us?

Invezz 03 May 2024
Last night, the world’s biggest company by market reported its latest financial results. Investors were on the edge of their seats as Apple Inc announced earnings – but so were the world markets.
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Webull Launches '24-Hour Trading' in Australia

Finance Magnates 03 May 2024
Aligning with US Market Hours ... Meanwhile, Webull is on an expansion drive and has recently entered several international markets ... With this, traders can take advantage of the pre and post-market volatility.
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Kraken Subsidiary Is Major A Beneficiary Of Bitcoin ETFs In US & HK: Bloomberg

CoinGape 03 May 2024
The company predicts $1 billion of assets under management (AUM) in spot Bitcoin and Ether ETFs in Hong Kong, as well as other markets to see the listing of spot crypto ETFs. Kraken’s CF Benchmarks Gains 50% of Crypto Benchmarking Market.
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Breaking: Bitcoin Soars Past 61K As Job Data Indicates Dovish Stance From Fed

CoinGape 03 May 2024
The�U.S.�market was eagerly waiting for the�U.S.�job report for further�cues on the economy ... The� showed that the employment increased by 175,000, as expected to�240,000 according to the market forecast.
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Top 5 Reasons Why Bitcoin Price Recovery Is Confirmed

CoinGape 03 May 2024
The recent revelation by CryptoQuant CEO Ki Young Ju regarding Bitcoin whale activity underscores a crucial aspect of market sentiment ... Bullish Options Market. ... Futures markets serve as essential avenues for price discovery and risk management.
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PEPE Vs BONK: Sell or Hodl?

CoinGape 03 May 2024
After a recent global crypto market crash that saw Bitcoin price fall below $60,000, the crypto community is closely monitoring the performance of meme coins; PEPE and BONK ... Market Performance.
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Leading 5 Cryptocurrencies for Maximum ROI: BlockDAG Dominates with 30,000x Potential, Surpassing KAS, SUI, ATOM, ...

LB News 03 May 2024
In the evolving cryptocurrency market of May 2024, BlockDAG has a remarkable potential for a 30,000x return on investment (ROI) ... Even after a recent price decrease, Kaspa shows promising bullish signs as market indicators suggest a potential recovery.
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