Crypto Markets Steady, Altcoins Show Strength
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Crypto markets remained stable on Friday, with Bitcoin slightly increasing to around $70,630 and Ether barely moving. Crude oil prices dropped below $100, boosting stocks but later dipping. Gold retreated, indicating broader caution in assets. Bitcoins open interest held steady, funding rates went neutral, and options showed more downside protection bets. Liquidations reached $300 million, mostly longs in Bitcoin and Ether. Altcoins like Quant surged, and the altcoin index stood at 46 out of 100. Watch levels like Bitcoins $68,500 for potential drops, as markets anticipate short-term swings while alts hint at strength.
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