Bitcoin Faces Low Risk of 'Liquidations-Induced' Price Volatility After 2023 Rally

Name: Bitcoin Faces Low Risk of 'Liquidations-Induced' Price Volatility After 2023 Rally
Uploaded: 2023-04-10T20:02:10.543Z
Duration: 47 s
Description: Bitcoin (BTC) has surged 70% this year, hitting nine-month highs of over $29,000. While the sharp rally has brought the derivatives market back to life, the overall use of leverage remains muted, suggesting a low risk of "liquidations-induced" wild price swings. George Kaloudis presents "The Chart of the Day."

Apr 10, 2023

Bitcoin (BTC) has surged 70% this year, hitting nine-month highs of over $29,000. While the sharp rally has brought the derivatives market back to life, the overall use of leverage remains muted, suggesting a low risk of "liquidations-induced" wild price swings.

Up Next

02:10

Tether's Market Capitalization Nears Record High; PostFinance to Offer Customers Crypto

Apr 6, 2023

01:02

Bitcoin Continues to Move in Lockstep With the Nasdaq to S&P 500 Ratio

Apr 6, 2023

05:19

Bitcoin Outlook Ahead of Ethereum's 'Shapella' Upgrade

Apr 6, 2023

07:54

Bitcoin Rewards App Fold Expands Partnership With Visa to New Regions

Apr 6, 2023

View all

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to coindesk.consensus.com to register and buy your pass now.