BARD is one of the biggest movers among the most traded coins today, up 45.7% to $0.1186 with $174.1M traded in 24 hours. Moves this large usually come with big swings in both directions, so manage risk carefully.
BARDAt the time of writing, BARD traded at $0.1186 (+45.7% in 24h).Live price →
The funding rate on BARD perpetual futures is −0.867% per 8 hours, which means short traders are paying a lot to keep their positions open. Very crowded positioning like this can end with a sharp move higher (short squeeze).
Bitcoin moved −1.95% within one hour on Binance futures, trading around $68,842. Fast moves like this often bring a wave of long liquidations, so expect higher volatility in the next few candles.
Ethereum moved −2.89% within one hour on Binance futures, trading around $1,932. Fast moves like this often bring a wave of long liquidations, so expect higher volatility in the next few candles.
The crypto market sell-off accelerated early Friday, pushing bitcoin below $70,000 and ether below $2,000. Large liquidations in the futures market show that many leveraged traders were forced to close positions, which can add pressure to prices.
Bitcoin fell below $70,000 and ether dropped under $2,000 in an early Friday selloff. Large liquidations in the futures market added to the pressure. The Dollar Index hit a 19-month high, a move that may make risk assets like crypto harder to hold for traders.
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