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Bitcoin Price Analysis: BTC Slips 1.2% as Volume Thins Near $100K Support

Bitcoin fell by 1.24% to $101,558 amidst low trading volumes nearing the critical $100,000 support level. The increase in selling was marked by a significant volume spike of 189%, confirming resistance at $105,200. Current market dynamics show a cautious stance among traders, as Bitcoin oscillates between the support at $101,625 and psychological support at $100,000. Institutional investors are hedging their positions with increased options activity, particularly December $98,000 puts and March $80,000 puts, signaling a protective strategy rather than outright bearishness. The market reflects uncertainties as it approaches significant technical levels, including the 365-day moving average which previously indicated potential downturns. Overall, Bitcoin's price momentum struggles against established resistance levels, indicating a period of consolidation ahead.

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Alleged POPCAT Manipulation Hits Hyperliquid with $4.9M Loss: Blockchain Analyst

Hyperliquid, a decentralized derivatives platform, experienced a significant loss of $4.9 million due to alleged manipulation of the POPCAT token. An attacker executed a scheme by withdrawing $3 million in USDC from the OKX exchange, spreading the funds across 19 wallets to establish a massive leveraged long position valued

Alleged POPCAT Manipulation Hits Hyperliquid with $4.9M Loss

Hyperliquid, a decentralized derivatives platform, faced a significant financial blow, suffering a loss of $4.9 million due to alleged manipulation of the POPCAT token. An attacker withdrew $3 million in USDC from the centralized exchange OKX, distributing it across 19 wallets to create a leveraged long position estimated between

Alleged POPCAT Manipulation Hits Hyperliquid with $4.9M Loss

Hyperliquid, a decentralized derivatives platform, incurred a $4.9 million loss as a result of alleged manipulation involving the POPCAT token. An attacker allegedly withdrew $3 million in USDC from the centralized exchange OKX and used it to inflate the price of POPCAT, subsequently creating a leveraged long position valued

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