Bitcoin, Ether Rebound as $267M in Crypto Positions Liquidated
- —Total crypto market cap rose 2.2% to $2.9 trillion
- —Short liquidations totaled $208.49 million of the $267.49 million
- —BTC recovered about 6% from its October low near $79,711
- —Bitcoin RSI at 57.91 signals buyers hold the advantage
Why it matters: The bounce put BTC back above key moving averages, but further gains hinge on a daily close above $84,726.
Source: The Crypto Times