Sudden Rise in Cryptocurrencies: Bitcoin Hits $28,000, Ethereum Hits $1750!

Bitcoin made a sharp move in the past few minutes and reached the level of $ 28,000. Recording a 3 percent increase within minutes BTCcaused other altcoins to rise as well.

On the Ethereum side, daily gains reached 3 percent and the price rose to $ 1750.

The fear and greed index is at the “neutral” level with 48 points.

On the other hand, with the recent rise, it seems that the short position of $ 30 million has been liquidated.

The reason for the rise is not yet clear.

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