While Bitcoin Exceeded $36,000, Altcoins Also Mobilized! The Rise Deleted 157 Million Dollars!

cryptocurrency in the market SEC’s spot Bitcoin ETFWhile optimism continues to prevail that the Grayscale Positive news came from the front.

According to the news The SEC has begun discussions regarding the conversion of Grayscale’s Bitcoin trust product, GBTC, into a spot Bitcoin ETF.

This positive news from Grayscale and SEC front Bitcoin It was also positively received by cryptocurrencies, including cryptocurrencies, and crypto prices showed a positive trend in the market.

At this point, the crypto market cap reached $1.38 trillion, an increase of 3.45%.

BTC With the news, it rose to $ 36,800, while altcoins also turned green. The biggest altcoin Ethereum (ETH) increased by 2.43% in the last 24 hours, reaching up to $1,929.

outside of ETH XRP, Cardano (ADA), Dogecoin (DOGE) And Chainlink (LINK) recorded significant increases.

XRP While it increased by 3.56% in the last 24 hours and exceeded $ 0.70, Cardano up 4% to $0.368; DOGE Up 4.17% to $0.0767; LINK It increased by 8.6% and reached 14.6 dollars.

Apart from these, with a 21% increase in the last 24 hours MINAup 13% WHAT IS THATagain with an increase of 13% PEPE and up 11% SUI also achieved significant gains.

While these increases were experienced in Bitcoin and altcoins, investors in short positions were also left in reverse and liquidated.

CoinglassAccording to data from , close to $157.87 million worth of positions were liquidated in crypto futures in the last 24 hours. Of this, $130.49 million consisted of short positions and $27.37 million consisted of long positions.

Among liquidated short positions, Bitcoin ranked first with $71.3 million, which corresponds to a rate exceeding 50%. After BTC, $17.95 million in ETH was liquidated, followed by GAS and LINK.

*This is not investment advice.