Bitcoin increases to $ 19,000 in the middle of $ 380 million of liquidations

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Bitcoin has returned to $ 19,000 for the first time since October and has thus exceeded its low trading range, which was set after the collapse of FTX.

The step has many on crypto twitter who demand a new bull market-although some believe that it is a bull trap.

  • Bitcoin was traded in early Thursday for $ 17,911 and after the VPI inflation in December experienced a certain volatility Style = "Font-Weight: 400"> at 6.5 %.
  • The asset rose by about $ 1000 by around 17:35 UTC and has held its increased price level since then. At 19:47 UTC, Bitcoin had reached $ 19,036 before it went back to $ 18,864 at the time of writing.
  • Data from coin glass in the last 24 hours of liquidations worth 382 million dollar Has, of which over 59,000 dealers were affected, which is due to the latest volatility.
  • Most of these liquidations took place at ETH trades, which made $ 165 million out of deleted trades alone.
  • The biggest liquidations took place at OKX, with a BTC anddt-SWAP worth $ 3.52 million.

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- Planb (@100 trillions USD) 12. January 2023

  • The Bitcoin Fear and greed index has on Wednesday to 30 today, what is less frightened in the market today indicates. The index uses several signals to assess the market mood at any time, including the price direction and social media.

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