Leverage in the Bitcoin BTC Market is Increasing Again as - Coin Index News

Leverage in the Bitcoin (BTC) Market is Increasing Again as $58.5K Becomes Key Level

Carmen Brooke Martin September 14, 2024

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At the time of reporting, bitcoin is currently trading at around $58,000, marking a 2.5% increase over the last 24 hours, as per CoinDesk data. Ether (ETH), the second largest cryptocurrency by market value, is also experiencing gains, trading 1% higher at $2,350, with an estimated leverage ratio of 0.35.

Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry.What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content.As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.