Bitcoin The price of has risen once again, reaching an 18-month high of $36,700, according to CoinMarketCap data.
Ethereum Other major digital assets such as (ETH), Binance Coin (BNB), Cardano (ADA), Polygon (MATIC), Polkadot (DOT) and others are also performing well.
cryptocurrency The latest green wave in the market, specifically the surge in BTC, has resulted in the liquidation of millions of dollars worth.
According to CoinGlass, total liquidations in the last 24 hours reached nearly $150 million, with short holdings accounting for more than 80% of that total.
Koinfinans.com As we reported, Bitcoin transactions constituted more than 65 million dollars of the total, while ETH ranked second with approximately 16 million dollars.
Many analysts, including AI-powered language model ChatGPT, believe that BTC’s rise is not over yet and its price may reach an all-time high in the coming months.
The possible legalization of a spot BTC ETF in America, widespread adoption, the imminent halving, and other variables could all lead to such a surge.