Crypto Digest: XRP Jumps 1,122%, Bitcoin Breakout Predictions, Ethereum Bitmine Milestone
XRP's Surprising Liquidation Imbalance
XRP just saw a staggering 1,122% jump in short-side liquidation imbalance, indicating significant market movements. The sudden spike raises questions about market sentiment and potential future price actions.
Bitcoin Breakout Forecasts
Renowned analyst Peter Brandt has rewritten the bearish sentiment around BTC, leading to increased optimism among traders. He predicts a potential breakout that could signal a new bullish phase for Bitcoin.
Ethereum's Bitmine Milestone
In other news, Bitmine, a major Ethereum holder, recently hit a $14 billion milestone with 4.16 million ETH. This achievement showcases the growing institutional interest in Ethereum and its long-term prospects.
For more insights and updates, stay tuned to our daily crypto digest!
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.