Bitcoin increases over 22,000 and triggers a further $ 250 million of liquidations

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Bitcoin continues his weekly rally with a thrust over $ 22,000 and brings the cryptom market back to a market capitalization of over 1 trillion $.

The pump has triggered another avalanche of liquidations on the stock exchanges for digital assets.

  • Bitcoin was traded on Friday at 7:45 p.m. VAT for around $ 9:00 p.m. before it was pumped by $ 1,000 to $ 22,370. The pump has only continued since then, with the top asset cost $ 22,615 at the time of writing.
  • In the meantime, Ether has been pumped from $ 1590 to $ 1651 within this time frame. The last time that both assets were traded at these levels was before that of Ethereum merging or the collapse of FTX, both of which triggered massive absences on the cryptoma market.
  • after coin glass In the last 24 hours has to be crypto liquidations of $ 250 million contributed, including over 52,000 dealers.
  • The greatest liquidation took place via Bitmex for an XBTUSD trade for $ 3.15 million. Overall, OKX is the leading stock exchange according to the number of liquidation.
  • Bitcoin has been recovering last week after the BLS has published optimistic inflation data that signaled the markets that the Fed could be ready to set the interest rate increases. The former Bitmex CEO Arthur Hayes, however, believes It is unlikely that it will come soon.

Bitcoin / USD. TradingView.