decline

Bitcoin and Ether decline leads to $500 million in liquidations, but BTC enters “unprecedented” era – CoinDesk

In Monday’s trading session, crypto futures traders lost over $500 million in liquidation positions as severe volatility impacted highly leveraged long and short positions, with some major exchanges plunging as much as 12%. Data shows that Bitcoin (BTC) plunged from $43,000 to as low as $40,300, leading to declines in major tokens such as Chainlink … [Read more…]

Denigrated zero-day options blamed by traders for S&P decline

(Bloomberg) — This year’s hottest derivatives trade, and perhaps the most controversial, drew attention one last time for 2023 as market watchers called zero-day options the villains behind Wednesday’s plunge in U.S. stocks that hit the Rally ended. Most read by Bloomberg With the S&P 500 index in overbought territory and turnover limited by looming … [Read more…]