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Bitcoin $89,727.28 -2.48%
Ethereum $3,042.56 -2.34%
BNB $883.01 -1.67%
Optimism $0.30 -6.83%
Arbitrum $0.20 -6.74%
Solana $132.47 -5.13%
Polygon $0.22 +2.77%
Cosmos $2.19 -5.80%
Avalanche $13.40 -7.04%

CryptoQuant analyst: Excessive leverage and slow buying led to a drop in BTC prices this morning

CryptoQuant analyst Maartunn analyzed the reasons for the BTC price drop this morning on social media, including:

· Binance's net buy/sell trading volume showed a large amount of selling pressure and a slowdown in buying power

· The current surge in BTC was driven by leverage, with open interest increasing by more than 15%

· The combination of the above two signals occurred in a market sentiment of extreme greed

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CryptoQuant analyst: Excessive leverage and slow buying led to a drop in BTC prices this morning

All Comments

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Economists expect the Federal Reserve to cut interest rates in December, with two more cuts possible in 2026.

Bank of America: Markets will soon digest expectations of a Fed rate cut in January.

He Lifeng held a video call with U.S. Treasury Secretary Bessant and Trade Representative Greer.

Hassett: No discussion with US President Trump regarding the Federal Reserve Chair (selection)

White House National Economic Council Director Hassett: It's Time for the Fed to Cautiously Cut Interest Rates

The yield on the 10-year U.S. Treasury note rose 2 basis points to 4.12%, a new high since November 2020.

Social media platform "X" has been fined €120 million by the European Union for violating content regulations.

Sovereign Wealth Funds Were Buyers as Bitcoin Plunged: BlackRock's Larry Fink

Balancer DAO Starts Discussing $8M Recovery Plan After $110M Exploit Cut TVL by Two-Thirds

US investors consider crypto less as risk-taking drops: FINRA study

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