Bitcoin (BTC) $62,929.55 -1.71%
Ethereum (ETH) $1,832.80 -2.64%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 74.605735 -1.81%
Chainlink (LINK) $8.19 -2.66%
Cardano (ADA) $0.16 -0.61%
Litecoin (LTC) $44.58 -0.11%
Dash (DASH) $33.69 -0.22%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.204218 -3.10%
X-Cash (XCASH) 2.0E-6 0.00%
Dogecoin (DOGE) $0.00 0.00%

Cryptocurrencies: 29492

Markets: 111724

Market Cap: $2,167,278,467,297

24h Vol: $61,417,532,740

Bitcoin.com

2021-02-02 04:00:07

Soaring Sell Orders Contrast Sharply with Bitcoin’s Renewed Bull Run

Soaring Sell Orders Contrast Sharply with Bitcoin’s Renewed Bull Run

Alongside the cryptocurrency’s meteoric climb over the back half of 2020 and early 2021, a curious phenomenon has unfolded; heightened profit-taking and conversion to fiat currencies. Data collected by Simplex, a fiat-crypto gateway, underscores this seemingly paradoxical development. A Curious Race to Convert Crypto to Fiat Has Accompanied Bitcoin’s Latest Drive Higher Sharing exclusive data […]

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