Part 1 Advanced The Market Maker’s Exchange Checklist (Liquidity, Latency, and Risk Controls) Market makers and HFT desks: evaluate exchanges on execution quality, liquidity, latency, fees, margin, and security — with a WhiteBIT walkthrough. Open guide This article is more than 2 years old...
Bitcoin price soars above 30K amid weak inflation concerns in China
Bitcoin (BTC) short positions begin to crumble — resulting in over $175 million in liquidations within 24 hours.
Quick Take
- Bitcoin reclaimed $30,000 during Asia trading hours.
- Reports showed that China's CPI and PPI inflation came in lower than expected.
- China CPI YOY actual 0.7% vs. forecast of 1.1%.
- China PPI YOY actual -2.5% vs. forecast -2.5%.
- Markets may expect the People's Bank of China to start a new round of stimulus due to weak inflation.
- Bitcoin surged over $30,000 and, as a result, has seen over $175 million of liquidations in the past 24 hours.
- Bitcoin is now up 7.4% in the past five days.



















