Bitcoin (BTC) started a sudden rise during the day today, rising above 42 thousand dollars.
Bitcoin price regained $42,000 as the selling pressure from Grayscale eased somewhat. today EST 12.30 Bitcoin price with the rise that started around 40 thousand dollars from levels to 6% with close increase 42,100 It reached up to USD.
Similar greening occurred in altcoins along with Bitcoin. Bitcoin-based altcoins lead the rise SATS 25%, Ordi (ORDI) 12% experienced an increase in value.
Ethereum increased by only 3.5% at $2,196n for $2,282 reached.
bears hunted
Investors who took short positions in Bitcoin were liquidated as the price increased rapidly. According to CoinGlass data $41.1 million Bitcoin in 12 hours The short position was liquidated. In Ethereum, a liquidation of $14 million took place. Due to the activity, the positions of 38,490 users exploded.