Hot Development: Bitcoin Exceeded 60 Thousand Dollars After a Long Break!

As a last minute development Bitcoin Its price exceeded the $60,000 barrier for the first time since November 21, 2021.

According to CoinMarketCap data, Bitcoin (BTC) is trading at $60,250 at the time of writing. At one point, the price rose to around $60,500. Bitcoin increased by approximately 6% in one day and more than 18% in a week.

Bitcoin price analysis

Against the background of the growth of the Bitcoin rate, the asset dominance indicator rose to 54.4%, and the liquidation volume in futures contracts on the crypto asset market reached over $ 342 million in 24 hours. While approximately $210 million was lost in short positions, traders provided $133 million in liquidity in long positions.

Crypto The asset started the year at $43,495 and is up 38% so far this year. Additionally, BTC is trading at $60,192 at press time, up 5.6% in the last 24 hours.

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