The "long Bitcoin" trade is seen as one of the most crowded in the world.
Activity in Bitcoin futures suggests traders don’t see a sudden end to the crypto rally.
A tongue-in-cheek cryptocurrency featuring a Shiba Inu dog as a mascot briefly touched a record Monday.
Elon Musk once again sent ripples through the price of Bitcoin.
A Bitcoin price jump sparked last week by Elon Musk’s Twitter profile had largely unwound by Monday.
Bitcoin's recent rally has split opinions on whether it can sustain such high prices.
The pace of flows into the $20 billion Grayscale Bitcoin Trust “appears to have peaked."
Commentators have cautioned that a sustained drop below $30,000 could presage further losses.
Ether is up almost 90% in 2021.
Bitcoin slid as much as 21% over Sunday and Monday in the biggest two-day slide since March.
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