The Bitcoin Prize rose over 55,000, the highest level since May 2021
The Bitcoin Prize rose over 55,000, the highest level since May 2021
In a massive green candle, Bitcoin's price was able to rise to Binance up to $ 55,555 and achieved a prize that we have not seen since May this year.
Bitcoin has risen by a whopping 10% in the last 24 hours, and a large part of it came in the last 60 minutes.
As can be seen in the graphic above, the price on the Binance Spot Exchange reached an intraday high of $ 55,555 before retreating around 54,000. This was the highest BTC price that we have seen since May 12, 2021. It is also worth noting that Bitcoin's market dominance is also increasing, since old coins cannot keep up at the pace. At the time of this letter, BTC's dominance is almost 45% - the highest in almost two months. The last hour saw Liquidations with a total value of US dollars, of which was 89% short positions. This means that shorts worth $ 145 million were liquidated in the last 60 minutes alone, most of which came from Huobi. The largest single liquidation order was carried out on Huobi and had a nominal value of $ 11 million. .
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