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

Bitcoin has experienced a 1.24% decrease in value, dropping to $101,558 amidst low trading volume across major exchanges. The market showed heavy resistance at $105,200 after a significant trading spike, confirming the selling pressure. Institutional investors are utilizing put options to hedge their positions around the critical $100,000 psychological support level. Despite a brief recovery attempt, Bitcoin has been consolidating below the key resistance at $102,000. In recent trade, the price fluctuated between $101,700 and $102,000, with strong sell pressure noted in the declining volume across attempts to break higher. Analysts highlight that key technical indicators are signaling potential range-bound trading, emphasizing the importance of maintaining above $100,000 to avoid deeper pullbacks, with significant support identified at $101,625 and major concerns surrounding the $92,000 mark in case of failure to hold support.

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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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