Ethereum

Bitcoin

when

Coin

<ul class="news-points">
 <li>BTC and ETH liquidations summed up to $16.14 million in the last 24 hours.</li>
 <li>The shorter and longer EMA were almost at the same spot, indicating possible BTC consolidation.</li>
 <li>ETH’s momentum decreased, suggesting that the price might fall to $3,437.</li>
</ul>
The prices of <a href="https://coinedition.com/bitcoin-btc-price-prediction/" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> and <a href="https://coinedition.com/ethereum-eth-price-prediction/" rel="noopener noreferrer nofollow">Ethereum (ETH)</a> ended the just-ended week on a positive note. As a result, the last 24 hours were tough for traders who leaned toward bearish sentiment and bet on their conviction.
According to derivatives information portal Coinglass, over $62 million was liquidated on May 25. Out of this ETH positions were valued at $8.58 million. BTC contracts wiped out, on the other hand, were worth $7.56 million.
For those unfamiliar, liquidation occurs when a trader is unable to meet the requirements to keep a position open, leading an exchange to forcefully close the contract. This could be due to insufficient margin balance or a wrong prediction accompanied by high leverage of volatility.&nbsp;
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/xkeSy7CMOu-r1B62IId5dUlRsPJx67-VjFCZM6THMXUA9dI3_kqIC0sbYPOQm37ytEyvfGPW1NwaEi-miv3hqI9jhVava793ggVi8FXzY9uTFmEymFiuJWaotxDvD2R6lfud_OVa-ET_ZpXF4nzsnZo" alt="Crypto Market Liquidation (Source: Coinglass)">
 <figcaption class="wp-element-caption">
 Crypto Market Liquidation (Source: <a href="https://www.coinglass.com/LiquidationData" target="_blank" rel="noopener noreferrer nofollow">Coinglass</a>)
 </figcaption>
 </figure>
</div>
At press time, BTC’s price was $69,085 while ETH changed hands at $3,803. A few weeks back, the …
The post <a href="https://coinedition.com/will-btc-eth-price-boom-come-to-an-end-price-analysis/" rel="noopener noreferrer nofollow">Will BTC, ETH Price Boom Come to an End? Price Analysis</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Will BTC, ETH Price Boom Come to an End? Price Analysis

Coin Edition

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