This is a Deribit news story, published by CoinGape, that relates primarily to Powell news.
For more Deribit news, you can click here:
more Deribit newsFor more Powell news, you can click here:
more Powell newsFor more crypto trading & speculation news, you can click here:
more crypto trading & speculation newsFor more news from CoinGape, you can click here:
more news from CoinGapeOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like crypto trading & speculation news, you might also like this article about
Bitcoin Shorts Skyrocket. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Bitcoin Price Falls Below Bull Market Support news, entire crypto market news, crypto trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Bitcoin short positionsCoinGape
•63% Informative
Bitcoin short positions surged on top exchanges like Deribit , Bitmex , Bitfinex , Kraken , and HTX.
Bitcoin short volumes surged 118% to more than $18.30 billion in 24-hour liquidation.
More than $77 million have been liquidated in the last 24 hours across the entire crypto market.
Bitcoin price faces strong resistance at $ 60,000 as ETFs fail to trigger a bullish sentiment again.
All eyes will be on the Powell speech and Jackson Hole meeting ahead this week .
VR Score
41
Informative language
27
Neutral language
50
Article tone
formal
Language
English
Language complexity
37
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
4
Source diversity
3
Affiliate links
no affiliate links