Bulls and bears of the crypto market, what are they?
Bulls - traders profiting from the growth of price, confident that the market will go up.
Bears - traders sure that the market is falling and selling their assets.
Bull and bear markets.
The market is considered to be a bull one, if there are more buyers than sellers. Market participants "throw" the price upwards with their purchases, like a bull throws its prey with horns.
A bear market means that sellers outnumber buyers, pushing the price down as if a bear were pinning its prey to the ground.
Bitcoin hit an all-time high of $81,358, fueled by Trump’s election win, leading to $180M in short liquidations in the last 12 hours, with $67M from Bitcoin alone.
In total, $682.7M in long and short positions were liquidated across the market. BTC now dominates 59% of the crypto marketits highest in years
