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Finance & Markets

Bitcoin's Sharpest Rally in Two Years Ran Almost Entirely on Short Liquidations

A Glassnode and Bybit report found Bitcoin climbed 24.6% in five August days even as active leverage fell, with short positions supplying 89% of every liquidated dollar.

Bitcoin's Sharpest Rally in Two Years Ran Almost Entirely on Short Liquidations

We haven't written up this one. Decrypt has the full story — the link below goes straight to it.

Read the original at decrypt.co →

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Bank assets rise to P30.7 trillion in July

Philippine banks’ total assets expanded by 10.7 percent to P30.72 trillion in July from a year earlier, supported by sustained lending and deposit growth, preliminary data from the Bangko Sentral ng…

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