Bitcoin surged nearly 8% in one day as signs of "seller exhaustion" emerge following a massive $19 billion deleveraging event. Bitfinex highlights the market's transition to a leaner leverage base, reducing liquidation risks and supporting a possible relief rally. Despite a sharp dip in November, optimism grows as the traditional Bitcoin four-year cycle faces questions under the current market dynamics. Meanwhile, ARK Invest CEO Cathie Wood anticipates a liquidity rebound driven by Federal Reserve policy changes, further promoting crypto market stabilization.
Continue to read Bitcoin Sees Strong Rebound Amid Seller Exhaustion and Liquidity Improvements
Bitcoin surged nearly 8% in one day as signs of "seller exhaustion" emerge following a massive $19 billion deleveraging event. Bitfinex highlights the market's transition to a leaner leverage base, reducing liquidation risks and supporting a possible relief rally. Despite a sharp dip in November, optimism grows as the traditional Bitcoin four-year cycle faces questions under the current market dynamics. Meanwhile, ARK Invest CEO Cathie Wood anticipates a liquidity rebound driven by Federal Reserve policy changes, further promoting crypto market stabilization.
Continue to read Bitcoin Sees Strong Rebound Amid Seller Exhaustion and Liquidity Improvements
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