The price of the leading cryptocurrency Bitcoin (BTC) is experiencing a new rise and with this momentum it climbed to a new all-time high of $95,690.
BTC is currently up 4% in the 24-hour period to $95,600. It would take about a 4.7% increase to reach $100,000.
With this rise in Bitcoin, the ETH/BTC parity also fell below 0.033, reaching a new low since April 2021.
Bitcoin dominance is at 61.4%.
Along with the rise in Bitcoin, there was also a large amount of liquidation.
There was a liquidation of $393 million in the cryptocurrency market in the last 24 hours.
Of these, $267 million consisted of long positions, while $126 million consisted of short positions.
Bitcoin ranked first with $77.4 million, followed by Ethereum and Dogecoin (DOGE).
While 149,210 investors liquidated in the last 24 hours, the largest liquidation occurred in the ETH/BTC trading pair on Binance.
*This is not investment advice.
Continue Reading: New ATH in Bitcoin, Very Close to $100K! Here is the New Record and What You Need to Know!