1 year ago

Bitcoin Liquidity Crunch Could Dump Us! | Binance CZ FUD & Twitter | Crypto TA, Price, News
#Crypto #bitcoin #TA #binance #cz

Bullish ambitions of breaking above the psychological 30k barrier appear to have been put on the back burner for now, with hopes instead pinned on stabilising around the US$28,000 price point.

Conversation has now pivoted to the amount of liquidity in the market, or lack thereof.

As noted in a recent Bloomberg piece, insufficient order book strength is leading to higher bid-to-ask spreads, causing slippage in order prices and higher volatility.

Bitcoin and Ethereum: Crypto markets face liquidity crunch
https://www.proactiveinvestors.com/companies/news/1011027/bitcoin-and-ethereum-crypto-markets-face-liquidity-crunch-1011027.html

Unprecedented Bitcoin Liquidity Crisis Amid US Banking Turmoil: Impact on Traders and Exchanges
https://cryptomode.com/unprecedented-bitcoin-liquidity-crisis-amid-us-banking-turmoil-impact-on-traders-and-exchanges/

Bitcoin liquidity drops to 10-month low amid US bank run
The banking crisis has impacted United States-based exchanges the most, with traders suffering due to increased price volatility.
https://cointelegraph.com/news/bitcoin-liquidity-drops-to-10-month-low-amid-us-bank-run

The liquidity situation in crypto is worsening after the banking fears this month

I dived into several liquidity metrics to give an update on all things crypto liquidity🧵

First, $BTC liquidity has dropped to 10 month lows as market makers lose access to USD payment rails👇
https://twitter.com/ConorRyder/status/1638949262703599617?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1638949262703599617%7Ctwgr%5E122a52c1a4c9f7e9bc9102fba250432ecb8abe00%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fbitcoin-liquidity-drops-to-10-month-low-amid-us-bank-run

Unverified Rumor of Interpol Red Notice for Binance CEO Changpeng Zhao Sends BNB, Bitcoin Lower
https://markets.businessinsider.com/news/currencies/unverified-rumor-of-interpol-red-notice-for-binance-ceo-changpeng-zhao-sends-bnb-bitcoin-lower-1032212074

Cobie's Response to the HASH Binance Interpol Red Notice:
https://twitter.com/cobie/status/1643042169153028097

Bitcoin Volatility Index's Correlation With Price Flips Positive, Boosts Appeal of Bullish Call Options
The positive correlation between bitcoin's market value and its implied volatility means faster price appreciation for call option holders.
https://www.coindesk.com/markets/2023/04/04/bitcoin-volatility-indexs-correlation-with-price-flips-positive-boosts-appeal-of-bullish-call-options/

Donald Trump’s NFT collection drops 20% in value following indictment
https://finbold.com/donald-trumps-nft-collection-drops-20-in-value-following-indictment/

Yellen says OPEC+ production cut 'regrettable' and 'not positive' for global growth
Yellen said the OPEC+ oil production cut is "not a positive for global growth"
https://www.foxbusiness.com/markets/yellen-opec-production-cut-regrettable-not-positive-global-growth

Jamie Dimon says the banking crisis is not over and will cause ‘repercussions for years to come’
https://www.cnbc.com/2023/04/04/jpmorgans-jamie-dimon-says-banking-crisis-is-not-over-yet.html

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