Bitcoin prices experienced notable fluctuations, surpassing $500, following the opening of the US market. These movements were largely driven by significant short positions on Binance.
However, strong buying pressures have countered these short positions, leading to their stoppage. The interplay between these selling and buying forces resulted in the observed price changes.
This highlights the impact of the US market on Bitcoin prices and the dynamic nature of cryptocurrency trading.
Source : en.bitcoinhaber.net ↗
