The price of Bitcoin rose above $23,500 at 4 p.m. UTC on Jan. 29. That value brought the asset’s market cap above $452 trillion.
The change represents a price increase of 3.65% over 24 hours.
It also represents a 5.3% increase from the asset’s lowest value today ($22,157). Bitcoin’s price gained nearly $1,350 by that measure.
Today’s movement represents a five-month high, as the crypto asset is approaching $24,000 for the first time since August 2022.
Bitcoin additionally saw $32 million in total liquidations, over 75% short liquidations.
Ethereum, meanwhile, is up 5,7% over 24 hours, while the entire cryptocurrency market is up a more modest $40 billion over the same period. The global crypto market cap has now remained over $1 trillion for eight consecutive days, the longest time since June 2022.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
- Source: https://cryptoslate.com/bitcoin-surpasses-23-5k-approaches-24k/
- 000
- 2018
- 2022
- 7
- 9
- a
- above
- access
- Account
- Action
- activity
- Additionally
- advice
- and
- approaches
- approaching
- article
- asset
- AUGUST
- avatar
- before
- Billion
- Bitcoin
- brought
- BTC
- Buying
- Canada
- cap
- CEXs
- change
- Coast
- consecutive
- considered
- content
- crypto
- crypto asset
- Crypto Market
- crypto market cap
- cryptocurrencies
- cryptocurrency
- cryptocurrency market
- CryptoSlate
- Days
- DEXs
- diligence
- endorse
- Entire
- Ether (ETH)
- Finally
- First
- first time
- from
- Global
- Global Crypto
- High
- high-risk
- HOURS
- HTTPS
- in
- Increase
- information
- investment
- items
- Jan
- journalist
- Library
- linked
- liquidations
- Lives
- logo
- lose
- Market
- Market Cap
- max-width
- Meanwhile
- measure
- mentioned
- million
- money
- more
- movement
- moving
- nearly
- Opinion
- Opinions
- own
- period
- plato
- Plato Data Intelligence
- PlatoData
- please
- price
- Price Increase
- Profile
- project
- Read
- reflect
- related
- remained
- represents
- responsibility
- ROSE
- same
- SCIENCES
- Short
- should
- since
- takes
- taking
- The
- the information
- The West
- their
- Through
- time
- to
- today
- top
- Total
- trade
- Trading
- Trading cryptocurrencies
- trained
- Trillion
- USD
- UTC
- value
- Wallet
- West
- while
- within
- writing
- Your
- zephyrnet