Bitcoin Liquidity on Binance Plummeted During the ETF Rumor-Induced Market Rollercoaster: Kaiko
Several traders experienced ‘slippage’ as liquidity declined across major exchanges.
Several traders experienced ‘slippage’ as liquidity declined across major exchanges.
The bid-ask ratio in bitcoin and ether options markets leans below one, signaling a bias for volatility selling, one observer said.
The platform’s v2 allows sub-second trades and trading without a crypto wallet, the company said.
Traders at Japanese exchange Bitbank said in a daily note that they expect bitcoin prices to move towards the $28,000 level, citing ETF optimism.
There’s a “90% chance” an ether futures ETF will be traded in the first week of October, one analyst said.
Bitcoin’s bounce amid fears of FTX creditor liquidation might shake out altcoin bears, leading to a sharp rally in recently shorted tokens like solana.