Bitcoin demands $ 23,500, achieves $ 120 million of liquidations

Bitcoin demands $ 23,500, achieves $ 120 million of liquidations

Bitcoin rose over $ 23,500 on Wednesday, less than a week after the loss of the support line in response to the official procedure against an industry giant last week.

The event has triggered liquidations of $ 120 million in the last 24 hours.

• Bitcoin started the day trade for around $ 22,000, but began to rise at 11:38 a.m. and reached $ 22,800 within 40 minutes.
• The cryptocurrency rose again around 6:24 p.m. and finally climbed to a high of 23,348 $. It is traded for $ 23,809 at the time of writing.
• coin glass shows that in the last 4 hours after the pump of 68 million dollars-most of them have taken place-most of them Bitcoin and ether trades.
• Over 28,000 dealers have been liquidated within the last 24 hours, whereby the largest individual liquidation in BYBIT BTC/USD trading took place for $ 2.54 million
• Ether also rose sharply that day and rose from $ 1,550 to $ 1,633 at the time of writing.
• bitcoin hovered almost 23,000 US dollar on Thursday after the securities and Exchange Commission had imposed a fine of $ 30 million against octopuses because it had not registered its parking service.
• The event fueled widespread fears against a regulatory approach to the FTX against the crypto industry-especially against competing staking products such as the coinbase offered.
• Bitcoin dropped even further on Tuesday to respond to the US inflation number of 6.4 % in January, the higher.

Bitcoin / USD. TradingView.