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

Bitcoin experienced a 1.24% decline, falling to $101,558, as trading volume remained low across major exchanges. The asset encountered resistance at $105,200, confirmed by a significant volume spike during selling. Despite recovering from a low of $101,625 to a brief peak of $102,154, momentum waned near the psychological support level of $100,000. Institutions are reportedly hedging against high valuations with options, leading to an increase in open interest for December and March put options. Technical analysis indicates that Bitcoin has broken below recent ascending trendlines, suggesting a range-bound trading pattern with critical support at $101,625. If Bitcoin fails to maintain this support, a deeper decline towards $92,000 may be anticipated. Investors are watching for signs of market conviction as conditions stabilize near key levels.

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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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