Quick Take Bitcoin (BTC) touches $30,000 and is up over 5% today. Liquidations were heavy to the short side — to over $120 million in the past 24 hours. The perpetual funding rate on Bitcoin went negative this morning. While futures open interest has risen over 8% in the past 24 ...
Quick Take
- Bitcoin (BTC) touches $30,000 and is up over 5% today.
- Liquidations were heavy to the short side — to over $120 million in the past 24 hours.
- The perpetual funding rate on Bitcoin went negative this morning.
- While futures open interest has risen over 8% in the past 24 hours, and then collapsed on the run-up to $30,000.
The post Bitcoin approaches $30k amid $140M of liquidations in 24 hours appeared first on CryptoSlate.