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Crypto Markets See Over $700M in Short Liquidations

Crypto markets recorded over $700 million in short trade liquidations, or bets against price rises, reaching levels not seen since July 2021 that could be the catalyst for a long-term rally. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Bitcoin Volume vs. Altcoins Climbing Past 50% for First Time Since 2020

The share of bitcoin volume versus volume for altcoin markets aggregated across 14 centralized exchanges climbed past 50% for the first time since 2020, which could indicate bearish sentiment for the crypto markets. By contrast, the S&P 500's weekly chart has flipped bullish in a positive sign for risky assets including bitcoin.

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US Stocks More Volatile Than Bitcoin for First Time Since July 2021

Bitcoin trading flat Thursday, with little movement over the last 24 hours. Stocks have become more volatile than bitcoin for the first time since July 2021. Bitcoin's 30-day volatility has dipped below that of the S&P 500. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Coinbase Registers Biggest Daily BTC Outflow Since June

A couple of bullish signals for bitcoin (BTC) as more than 37,000 BTC worth $710 million left Coinbase on Tuesday, the biggest single-day outflow since June. Meanwhile, bitcoin futures listed on the Chicago Mercantile Exchange slipped into prolonged "backwardation" during September. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Bitcoin Holding Steady Above $19K

Bitcoin (BTC) is trading within a narrow $19,000 to $21,000 range it's held for much of the past month and the trend could continue short of an unexpected catalyst. Last week saw $12 million in crypto asset inflows, with 75% of those from BTC. The ether-bitcoin ratio is maintaining an upward trend line, characterizing a bull run from June lows.

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Crypto Funds Saw $5M in Outflows Last Week, Suggesting Positive Sentiment

According to CoinShares data, crypto funds saw outflows totaling $5 million last week, suggesting positive sentiment. BTC recorded its fourth straight week of inflows totaling $12 million, while short-bitcoin investment products saw outflows totaling a record $15 million.

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Bitcoin Correlation to Both Risk-on and Risk-off Assets Rose in September

Bitcoin (BTC) has been trading within a $600 range while the token’s correlation with both risk-on and risk-off assets rose in September, according to Kraken Intelligence. Plus, insights on the quiet BTC whale activities in the past month. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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October Gains in Bitcoin Erase September’s Loss

Despite ample turmoil in financial markets over the past couple months, bitcoin (BTC) is staying remarkably resilient. Bitcoin slid 2.5% in September, while it has climbed over 3% in October so far. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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Bitcoin Sees No October Rise Just Yet

Bitcoin started what has historically been a strong month about where it ended a dismal September, holding over $19K. The market is exhibiting a downtrend, followed by temporary consolidation, with an extended drop yet to come. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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Bitcoin’s Bullish Seasonality Muddled by Continued Slide in ‘USD Liquidity Index’

One indicator tracking U.S. dollar liquidity calls for caution on the part of the bulls. The so-called USD Liquidity Condition Index has slipped to a 19-month low of $5.7 trillion, according to a chart provided by TradingView. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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