Read crypto trading news, market structure shifts, technical setups, derivatives activity, and strategies used across volatile markets.
From Argentina to Nigeria, Bitcoin trading pairs surged against troubled fiat currencies.
Andjela Radmilac 3 min read 
Most of the losses during the past day were borne by traders betting against price increase of the crypto market.
CoinShares reports minor outflows in cryptocurrency funds overshadowed by persistent high trading volumes and equity investments.
The increased minting of Ordinals-like transaction clogged the Bitcoin network, pushing transaction fees very high.
BTC's positive rally also influenced top alternative cryptocurrencies like Ethereum, Cardano, and others.
Only 11.81% of Ethereum's total supply remains on centralized exchanges, marking a significant shift towards DeFi investments.
Benqi leads Avalanche's DeFi surge, making up over half of the network's $875 million in total value locked.
For every 1% change in Bitcoin price, liquidations have fallen by an average of $55M over the past 2 years.
Bitcoin, the largest cryptocurrency by market capitalization, tumbled around 5% to under $42,000.
