Total liquidations in the crypto market exceeded $1.1 billion on Thursday, sparing no tokens, and prompting Glassnode analysts to say bitcoin “shows signs of exhaustion.” “Bitcoin has entered a corrective phase after the FOMC-driven rally, showing signs of ‘buy the rumor, sell the news’ dynamics. The broader market structure points toward fading momentum,” the analysts wrote. Bitcoin dipped below $109,000 …
Read More »Crypto liquidations top $1.1 billion as bitcoin enters “corrective phase”
