
Cointelegraph.com NewsKey takeaways:Bitcoin buying in the spot and futures markets helped BTC price keep its upward momentum despite $170 million in margin liquidations.Weak stablecoin demand in China and the limited use of futures leverage suggest Bitcoin’s current rally is sustainable.Bitcoin (BTC) price has displayed strength at the $102,000 support level on May 19, following the $170 million in liquidations of leveraged…
Key takeaways:Bitcoin buying in the spot and futures markets helped BTC price keep its upward momentum despite $170 million in margin liquidations.Weak stablecoin demand in China and the limited use of futures leverage suggest Bitcoin’s current rally is sustainable.Bitcoin (BTC) price has displayed strength at the $102,000 support level on May 19, following the $170 million in liquidations of leveraged…
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