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Strike Introduces 'Volatility-Proof' Bitcoin Loans, Citing Up to 14.2% Interest
Strike has launched new 'volatility-proof' Bitcoin loans designed to eliminate margin calls, though they come with interest rates as high as 14.2%.

Strike has launched new 'volatility-proof' Bitcoin loans designed to eliminate margin calls, though they come with interest rates as high as 14.2%.

A substantial $525 million Bitcoin buy wall has formed, intersecting a critical liquidation zone between $60,500 and $65,000.

Strive asserts that the recent sharp selloff in digital credit products was a liquidation event, not a credit crisis, despite exposing market growing pains.

Bitcoin's recent climb above $63,000 led to the liquidation of $540 million in short positions, marking the highest such event in seven weeks.

Bitcoin has experienced a sharp 17% decline over four days, triggering $4.5 billion in liquidations and raising concerns about its ability to hold the $60,000 support level.