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20.12.2024
BTC price has reached a new historical high
It took a little over ten days for bitcoin to regain its position in the market, reaching a new all-time high above $106,000.
Over the past 12 hours, BTC has shown sharp volatility, rising, falling, and rising again. As a result, positions worth more than $300 million were liquidated. Almost 100,000 traders suffered losses in a day due to the rally of the first cryptocurrency.
After the last peak, BTC retreated by about $2,000. This may indicate that some users expected further growth and failed to close their positions in time.
For reference: On December 5, bitcoin reached a new all-time high when it exceeded $100,000 for the first time. At the same time, its market capitalization amounted to $2 trillion, which is $1.2 trillion more than at the beginning of the year.
According to TradingView, the price jumped to a record high of $103,630 during trading in Asia. One of the reasons was the political factor — Trump's support for cryptocurrencies at the Securities and Exchange Commission and his victory in the US elections.
Over the past 12 hours, BTC has shown sharp volatility, rising, falling, and rising again. As a result, positions worth more than $300 million were liquidated. Almost 100,000 traders suffered losses in a day due to the rally of the first cryptocurrency.
After the last peak, BTC retreated by about $2,000. This may indicate that some users expected further growth and failed to close their positions in time.
For reference: On December 5, bitcoin reached a new all-time high when it exceeded $100,000 for the first time. At the same time, its market capitalization amounted to $2 trillion, which is $1.2 trillion more than at the beginning of the year.
According to TradingView, the price jumped to a record high of $103,630 during trading in Asia. One of the reasons was the political factor — Trump's support for cryptocurrencies at the Securities and Exchange Commission and his victory in the US elections.