The post XRP Price Analysis: Open Interest Drops 3x Faster Than Price appeared first on Coinpedia Fintech News
XRP has pulled back roughly 5%, falling from a local high of $1.66 to around $1.57, according to analyst Cryptoinsightuk. But open interest has dropped far more sharply, down about 10% in coin terms and 15% in dollar terms, a mismatch between price and leverage. Spot volume has also risen considerably, meaning buyers are stepping …
Could Bitcoin [BTC] break its recurring August bearish trend? So far, Bitcoin is up more than 2% this month, marking a clear divergence from its typical August performance. According to CoinGlass data, Bitcoin hasn’t posted […]
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has launched Bybit Indonesia following its majority acquisition of PT Enkripsi Teknologi Handal, the company formerly known as NOBI. The platform began operations on July 15, […]
Crypto exchange BitMart announced on Sunday, July 26, that it will fully wind down its trading platform after nine years, making it the second established crypto exchange to announce an exit the same week, following […]
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