The crypto market continues its momentum this week, now soaring up towards $23,000 – a price point it hasn’t seen in over a month. The sudden surge has liquidated over $600 million in trades.
- As indicated by Coinglass.com, about $630 million has been liquidated from the crypto market within the last 24 hours.
- More than half of that value – $377 million – was cleared from ETH trades, given Ethereum’s especially pronounced bounce from Monday.
- Some suspect that Ethereum is rallying due to excitement about Ethereum’s Merge update, which has now been given a specific date of arrival.
- Bitcoin now appears to be showing its own unique momentum. Trading at $22,460 at 15:20 UST, it quickly surged to $23,160 just 16 minutes later. At the time of writing, it trades at $22,853.
SPECIAL OFFER (Sponsored)
Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).
PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.
- AA News
- Bitcoin
- Bitcoin (BTC) Price
- blockchain
- blockchain compliance
- blockchain conference
- BTCEUR
- BTCGBP
- BTCUSD
- BTCUSDT
- coinbase
- coingenius
- Consensus
- crypto conference
- crypto mining
- Crypto News
- cryptocurrency
- CryptoPotato
- decentralized
- DeFi
- Digital Assets
- ethereum
- machine learning
- non fungible token
- plato
- plato ai
- Plato Data Intelligence
- Platoblockchain
- PlatoData
- platogaming
- Polygon
- proof of stake
- W3
- zephyrnet
More from CryptoPotato
Valliance Bank Partners With Bakkt to Enable Cryptocurrency Exposure
Source Node: 1609179
Time Stamp: Feb 14, 2022
Vitalik Buterin Weighs in on Stealth Address to Bring Privacy to Blockchain Transactions
Source Node: 1914459
Time Stamp: Jan 23, 2023
Macro Factors to Shape Bitcoin Prices: Coinbase’s Insights Post-Halving
Source Node: 2525002
Time Stamp: Mar 24, 2024
South Korea’s Crypto Craze: 6 Million Investors and the Rise of Centralized Exchanges (Survey)
Source Node: 2354235
Time Stamp: Oct 29, 2023
Bitcoin Stable at $42K, Cardano Skyrockets 30% Weekly (Market Watch)
Source Node: 1143451
Time Stamp: Jan 17, 2022
Bybit Revs Up Its Sponsorship Game: Backing Safehouse Racegraph in Lamborghini Super Trofeo Asia
Source Node: 2090078
Time Stamp: May 11, 2023
Snoop Dogg: Crypto Winter ‘Weeded out’ Unnecessary Market Participants
Source Node: 1543536
Time Stamp: Jun 29, 2022
Payments Platform Square Touts New DeFi Business Focusing on Bitcoin
Source Node: 979958
Time Stamp: Jul 16, 2021
Post-FTX Collapse, December Ushered in Optimism for Centralized Crypto Exchanges: CCData
Source Node: 2441719
Time Stamp: Jan 15, 2024
Bitcoin Reclaims $20,000, Ethereum Price Soars Above $1.7K (Market Watch)
Source Node: 1658097
Time Stamp: Sep 9, 2022