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Bitcoin loses June gains – Will BTC fall under $60K?
Bitcoin loses June gains – Will BTC fall under $60K?

Share link:In this post: Bitcoin’s selling pressure mounts and analysts forecast BTC trading below $60,000. BTC’s Fear and Greed Index drops to 50 on Binance. Jerome Powell’s sentiments at an economic forum in Portugal assume a volatility stance for BTC.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified profess

Cryptopolitan·2024/07/03 12:10
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    Open Position of ETH Contracts on the Entire Network Stood at $13.518 Billion
    On Nov. 3, Coinglass data showed that the open position for ETH futures contracts on the entire network was 5,435,500 ETH, or about $13.518 billion, a 24H drop of 4.24 percent. Coin's open position in ETH contracts was 1.831 million ETH ($4.482 billion), ranking first, with a 24H rise of 4.41 percent.
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    WSJ: French User Who Spent More Than $30 Million on Polymarket Betting on Trump Win Says “No Political Agenda”
    The French user who spent more than $30 million on Polymarket betting on Trump's victory says he has “no political agenda,” according to the Wall Street Journal. “My aim is just to make money,” said the man, who called himself Théo, in a Zoom call with a WSJ reporter, describing himself as a Frenchman who has lived in the United States and worked as a trader at a bank. Théo reportedly opened Polymarket accounts in the names of Fredi9999, Theo4, PrincessCaro, and Michie and bet about $38 million on Trump in the 2024 election. If all of Théo's expectations of a Trump sweep come true, he could reportedly earn a return of more than $80 million, which is more than double the amount he invested. If Harris wins, Théo could lose all or most of his $30 million, which he claims is the bulk of his available liquid assets.
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    U.S. Bitcoin ETF Buys 76,823 Bitcoins in October
    On Nov. 3, the U.S. Bitcoin ETF bought 76,823 bitcoins in October, according to HODL15Capital monitoring.
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