A comeback attempt has seen the pioneer crypto reclaim $40,000 and sit above significant support. BTC traded for $42,014 at the time of writing, having traded in a tight range over the weekend, according to data from TradingView. With the currency converter, you can convert 3 United States Dollars to Bitcoins and find out how much three dollars is currently worth in Bitcoins. Also, you can make a reverse calculation and find out the current value of 3 Bitcoins in United States Dollars. Regulations governing cryptocurrencies vary by jurisdiction and may change over time, which could impact the legality and use of cryptocurrencies. If you are planning to trade crypto, please consult a financial adviser.
- However, due to market fluctuations, the transaction price in the secondary market may deviate from the fair price (that is, the net value of the fund) at certain times, resulting in a price premium.
- BTC traded for $42,014 at the time of writing, having traded in a tight range over the weekend, according to data from TradingView.
- A comeback attempt has seen the pioneer crypto reclaim $40,000 and sit above significant support.
- A combination of positive outcomes across the listed indicators could signal the resumption of Bitcoin’s uptrend.
Cryptocurrency prices can be volatile and unpredictable, and may be influenced by various factors, including market manipulation, regulatory changes, and technological developments. KuCoin Leveraged Tokens are tokens with the feature of leverage, you can find corresponding coins/tokens for all leveraged tokens. No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant btc3s coin for you to rely on for any purpose. Any use or reliance on our content is solely at your own risk and discretion. Theoretically, the net value of the leveraged fund is the fair price of leveraged token shares in the secondary market. However, due to market fluctuations, the transaction price in the secondary market may deviate from the fair price (that is, the net value of the fund) at certain times, resulting in a price premium.
btc3s Price
This feature is expected to go live on the main exchange in mid-March. If investors go 3x long BTC in the margin market, when the BTC price decreases by 33%, they will face liquidations and lose all their funds. However, with the dynamic rebalancing mechanism, that tragedy will not happen. Even more, if the BTC price climbs up afterwards, the price of BTC3L will also increase, so there is still an opportunity to turn the negative profits into positive! Thanks to the mechanism, the system will automatically incorporate the profits into the original sum of investment and keeps the leverage at a fixed multiple to ensure the profit is compounded.
Cypherpunk described the macro indicators listed by Mow as “some great alpha,” especially the whale accumulation on Bitfinex. A combination of positive outcomes across the listed indicators could signal the resumption of Bitcoin’s uptrend. Btc3s price is $0, down 0.00% in the last 24 hours, and the live market cap is -. It has circulating supply volume of btc3s coins and a max.
Where to store BTC3S coin?
Leveraged tokens products do not require margin or crypto borrowing, and there is no risk of liquidation. The Bitcoin product merchant Cypherpunk supported Mow’s observation, sharing a screenshot to show an ongoing Bitcoin accumulation by crypto whales on the Bitfinex exchange. In a recent post on X (formerly Twitter), the merchant used a Bitcoin logs chart from TradingView to show a significant bullish behavior among the whales on the crypto exchange.
USD to BTC
Although leveraged tokens are featured with leverage, they are still the spot trading type. Therefore, no matter how the price of the corresponding coin/token changes, there will never be a liquidation. ⚠ Trading cryptocurrencies involves risk, and may not be suitable for all investors.
The best place to store the crypto you have bought is in wallets outside the exchange. The first choice is a hardware wallet, and then you can go with the official coin wallet and third-party software wallets. If you’re a seasoned professional and want to invest heavily in crypto, choose advanced KYC and if you’re a newbie and want to get started with trading, choose primary KYC. This website is using a security service to protect itself from online attacks.
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The below table shows all exchanges where you can buy BTC3S crypto. For some exchanges there is depth percent it shows how much liquidity is available, live bids 2% up or down from the current price. The list is sorted by 24-hour volume and CL trust rating. Different pairs are listed separately with the corresponding volume. There is only one crypto exchanges on which you can trade BTC3S. The top exchange by buy/sell volume for the last 24h is MEXC Global with usdt trading pair.
If the daily change of BTC price in 100 consecutive days is +10%, -10%, +10%, -10%… Respectively, then the return rate of BTC3L and BTC3S will be -99.1%, there’s risk that the net value will trend to zero. Mow made the post in the early hours of Monday, January 29, following Bitcoin’s recovery after dropping below $40,000 for the first time in nearly two months. The flagship cryptocurrency broke critical support at $40,200, reaching a local low of $38,505. You will need to go through KYC, for this click “Approve”.
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To ensure certain volatility, the share-merging mechanism will be triggered. Other metrics comprising Mow’s indicators include Tether USDT Assets Under Management (AUM), government interest payments on debts, Debt GDP ratios, and nation-state Bitcoin adoption. He also added Real Inflation and M3 money to his list of indicators for gauging the Bitcoin trend.
Prominent Bitcoin supporter Samson Mow has outlined several macro metrics to watch while predicting Bitcoin’s behavior. Mow identified ETF inflows, Hashrate, Bitfinex whale accumulation, and the 200 WMA trend as some of the crucial indicators to watch for bullish signals. The United States Dollar to Bitcoin exchange rate on the chart allows you to track changes over different periods and draw conclusions about possible forecasts of the exchange rate of one currency in relation to another.