Bitcoin's limited liquidity is negatively affecting spot prices, as BTC/USDT tests the 26k threshold after almost two months. Market makers like Jump Crypto and Jane Street are withdrawing from the crypto markets, contributing to the liquidity crunch. Regulatory uncertainties, such as the US crackdown, are exacerbating the situation. Long-BTC liquidations are increasing, and regulatory pressure is causing concerns in the market. Binance and Coinbase are frustrated with US enforcement and taking different approaches to address the issue. Traders should expect increased volatility due to lower liquidity. Ethereum experienced a drop but has seen a recovery thanks to buy orders. Bitcoin and ether are down week on week. Some altcoins have narrowed their losses against bitcoin but overall, most cryptocurrencies are still underperforming compared to bitcoin and ethereum.
Risk Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 87.49% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
This website uses cookies to ensure you get the best experience on our website.