USDT

POKKET: Crypto Market Update (July 27)

POKKET: Crypto Market Update (July 27)

Bitcoin is up +8.5% to $37.6k while ETH is +3.5% to $2250. Movers are DENT ANKR +18%, HOT +16%, SNX +15%, LIT +14%, MATIC +13%, CHR -18%, DEGO -17%, ALICE -15%. About $1B in shorts were liquidated yesterday and volumes picked up as BTC quickly ramped to $40k but failed to hold. Many point to the Amazon payment in Bitcoin 'news', which naturally they denied, or Tesla's earnings call but data shows a potential rotation from USDT to other stablecoins which ended up seeing, for example, BUSD print $…