Bitcoin’s price soared today, tapping $36K before retracing to where it’s currently trading at around $35,300. The cryptocurrency charted a multi-month high.As seen in the chart, BTC was unable to sustain its price at $36K and subsequently retraced to where it’s currently trading at around $35,300.
The move propped up the entire cryptocurrency market and left a total of $160 million worth of liquidated positions in the past 24 hours. $100 million of these were short positions, indicating the complete control that bulls had during the surge.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:BTC’s increase has also had a positive impact on its dominance, which is currently standing at 51%.
All in all, the best-performing altcoin from the top 100 is AAVE, up almost 16% during the day, followed by UNI and SOL. On the other end of the spectrum, there’s Rollbit’s RLB, which is down 10.4% and is by far the cryptocurrency that lost the most.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.