Crypto Traders Face $300M Losses as Bitcoin Rises to $113K and Then Declines

Bitcoin Price Fluctuations Impact Market Bitcoin’s recent bidirectional price movement has created challenging conditions for traders, especially those utilizing leverage. Over the last 24 hours, its price has oscillated between $107,000 and $113,000, leading to around $600 million in liquidations of both bullish and bearish futures across markets. This wave of liquidations resulted from traders […]
Bitcoin attracts buy liquidity while potential targets for BTC price dip are set at $113K.

Key Points: Bitcoin dipped over 2% from its daily peak, indicating expected market movements. Despite this, forecasts suggest a potential more significant downturn. With Altcoin Open Interest hitting new records, signs of “froth” are emerging in the crypto market. Bitcoin traders noticed a fresh target for price lows, aiming for buy liquidity as Wall Street […]
DOJ moved to dismiss $3.3B fraud suit against Dish after chairman Charlie Ergen donated $113K to Biden

Earlier this month, the Justice Department took the unusual step of moving to dismiss a $3.3 billion civil fraud lawsuit against Dish Network, after founders Charlie Ergen and his wife joined President Biden’s re-election campaign late last year. This comes just months after he donated more than $113,000. Ergen, a former professional poker player who […]
Ford recalls nearly 113K F-150 pickup trucks due to rear axle issue

Patrick de Haan, GasBuddy's head of petroleum analysis, said the average U.S. gasoline price is falling, potentially pushing Bernie & Co. Thanksgiving prices to their lowest since 2020. Stated. Ford is recalling about 113,000 of its popular F-150 pickup trucks because rear axle hub bolts “can fatigue and fail.” The National Highway Traffic Safety Administration […]