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BUSINESSAug 18 · 09:31 UTCCOINTELEGRAPHCointelegraph by William Suberg

Bitcoin price spike to $64.5K was ‘low-volume liquidity trap’: Analysis

A recent analysis suggested that the Bitcoin price spike to $64.5K may have been caused by what was termed a ‘low-volume liquidity trap’. Furthermore, the content noted that Bitcoin derivatives markets created a short squeeze, increasing BTC price action by 3% on Monday.

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BitcointopicBTCtopicBitcoin derivatives marketstopic$64.5Ktopic'low-volume liquidity trap'topic
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Bitcoin price spike to $64.5K was ‘low-volume liquidity trap’: Analysis · The Nexus