Bitcoin With the decline it experienced yesterday evening, its price lost its support of $ 42,000 and fell to $ 41,800.
In today’s development, the Bitcoin price has made a significant move in the last few hours and has gained approximately 4% in value in the last 24 hours. However, the critical $44,000 threshold was temporarily exceeded and the BTC price climbed to its highest level since December 9.
Bitcoin, which reached up to $44,200, is trading at $43,945 at the time of writing this article.
With the rise in the last 24 hours, there were also significant liquidations in futures transactions. 161 million dollars in the last day cryptocurrency It was liquidated, of which $92 million was short positions and $69 million was long positions.
In the rise in the last hour, a liquidation of 45 million dollars took place. Of these, $40 million was in short positions and $5 million was in long positions.
The rise in Bitcoin also made its impact felt in altcoins. Although not as much as BTC, a positive atmosphere was observed in the Ethereum price in the last 24 hours and the world’s largest altcoin gained 2.22% in value in the last 24 hours.
Among the 100 largest cryptocurrencies, the ones that gained the most value in the last 24 hours were Stacks with 26%, NEAR with 19%, and Mina with 18%.
However, despite the positive atmosphere, cryptocurrencies such as FTT, LUNC and LUNA closed in the red zone in the last 24 hours.
*This is not investment advice.
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