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What Caused Bitcoin's 10% Crash: Matrixport? Jim Cramer? Leverage?

Bitcoin cratered almost 10% below $41,000 early Wednesday around the time of Matrixport's report about potential spot BTC ETF rejections, but it was more likely due to a leverage flush as the market overheated, a K33 analyst said in an interview.

Bitcoin price (CoinDesk)

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Qu'est-ce qui a causé le crash de 10 % de Bitcoin : Matrixport ? Jim Cramer? Effet de levier?

Bitcoin a chuté de près de 10 % en dessous de 41 000 $ tôt mercredi au moment de la publication du rapport de Matrixport sur les rejets potentiels des ETF BTC , mais cela était plus probablement dû à un effet de levier alors que le marché surchauffait, a déclaré un analyste de K33 dans une interview.

Bitcoin price (CoinDesk)

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Ano ang Nagdulot ng 10% Pag-crash ng Bitcoin: Matrixport? Jim Cramer? Leverage?

Bitcoin cratered halos 10% sa ibaba $41,000 maagang Miyerkules sa oras ng ulat ng Matrixport tungkol sa mga potensyal na spot BTC ETF pagtanggi, ngunit ito ay mas malamang dahil sa isang leverage flush bilang ang market overheated, sinabi ng isang K33 analyst sa isang panayam.

Bitcoin price (CoinDesk)

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O que causou a queda de 10% do Bitcoin: Matrixport? Jim Cramer? Aproveitar?

O Bitcoin caiu quase 10% abaixo de US$ 41.000 na manhã de quarta-feira, na época do relatório da Matrixport sobre possíveis rejeições de ETF BTC à vista, mas foi mais provável devido a um aumento de alavancagem à medida que o mercado superaqueceu, disse um analista da K33 em uma entrevista.

Bitcoin price (CoinDesk)

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Cosa ha causato il crollo del 10% di Bitcoin: Matrixport? Jim Cramer? Leva?

Bitcoin è crollato di quasi il 10% sotto i 41.000 dollari all'inizio di mercoledì, proprio in concomitanza con il rapporto di Matrixport sui potenziali rifiuti degli ETF BTC spot, ma è più probabile che ciò sia dovuto a un aumento della leva finanziaria dovuto al surriscaldamento del mercato, ha detto un analista di K33 in un'intervista.

Bitcoin price (CoinDesk)

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¿Qué causó la caída del 10% de Bitcoin: Matrixport? ¿Jim Cramer? ¿Aprovechar?

Bitcoin se hundió casi un 10% por debajo de los 41.000 dólares la madrugada del miércoles, en el momento del informe de Matrixport sobre posibles rechazos de ETF de BTC al contado, pero se debió más probablemente a un aumento de apalancamiento a medida que el mercado se sobrecalentaba, dijo un analista de K33 en una entrevista.

Bitcoin price (CoinDesk)

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Bitcoin Price Could See 66% Rally to $42K With U.S. Spot ETFs: K33 Senior Analyst

Could crypto investors be underestimating the impact of a U.S. spot bitcoin ETF approval? K33 senior analyst Vetle Lunde discusses his crypto markets outlook and why the market is "forgetting that there are very solid fundamentals ahead."

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Bitcoin Below $26K Following SEC's Lawsuit Against Binance, Coinbase

Bitcoin (BTC) slipped below the $26,000 level after the U.S. Securities and Exchange Commission (SEC) sued crypto exchange Binance and Coinbase. K33 Senior Analyst Vetle Lunde joins "First Mover" to discuss the market's reaction to recent lawsuits and SEC's alleging multiple tokens as securities.

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Bitcoin’s Declining Correlation With Stocks Revs Up Appeal for Investors: K33 Research

The correlation of bitcoin's (BTC) price with the NASDAQ index has fallen to 17-month lows, making the asset attractive again for portfolio diversification, crypto research firm K33 noted. Wave Digital Assets' Head of Protocol and Treasury Management Nauman Sheikh weighs in.

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Bitcoin’s Declining Correlation With Stocks Revives Its Appeal for Investors: K33 Research

The correlation of BTC’s price with the NASDAQ index has fallen to 17-month lows, making the asset attractive again for portfolio diversification, crypto research firm K33 noted.

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