With Bitcoin Exceeding 52 Thousand Dollars, Bears Lost 238 Million Dollars!

With Bitcoin reaching 52 thousand dollars, 238 million dollars were deleted from the cryptocurrency market.

Bitcoin, October 2023 While it continues its rally that started in 2017 without any hesitation, at night ET 52 thousand dollars around 03:00 overcoming to $52,463 reached. The rise in Bitcoin positive for the entire cryptocurrency market affecting thousands of short The position was liquidated.

According to Coinglass data, in the last 24 hours 68 thousand investors in total 238 million dollar lost. of this money 108 million which has been performing better for a few days, while the dollar part stems from Bitcoin positions. $50.6 million in Ethereum was liquidated.

In altcoins, the biggest money losses are in order: 8 Million dollars with Solana (LEFT), $2.3 million with Ripple (XRP) And $2.1 million with In Dogecoin (DOGE) happened.

There was a “sell the news” price in Bitcoin after the USA approved the spot Bitcoin ETF on January 11 for $38,500 He made as many corrections as possible. Next January 23 Bitcoin started to rise again in 3 weeks. 35% increased and eventually 52 thousand dollars exceeded.

According to CoinGecko data to $52,463 Bitcoin, which experienced some correction after its arrival, was at the time of writing. From $51,898 is being traded.

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