Bitcoin approached a high of nearly $44,300 yesterday, only $500 away from its previous high. Meanwhile, Solana surged to over $84, surpassing XRP in market value, reaching a new high for the first time in a year and a half.
Background:
Wall Street giant VanEck predicts that Bitcoin will reach a new all-time high within a year! All BTC spot ETF applications will be approved together.
Table of Contents:
Ethereum falls below $2,200
SOL surpasses $84, surpassing XRP
Over $170 million in liquidation in the past 24 hours
Bitcoin (BTC) made another move last night, reaching a high of $44,283 around 23:00, just $500 away from its previous high. However, subsequent selling pressure caused it to oscillate and drop to $43,000 in the early morning hours.
At the time of writing, it rebounded to $43,670, a 2.81% increase in the past 24 hours.
BTC spot price | Source: Binance
In contrast, Ethereum (ETH) appears to be weaker. It reached a low of $2,156 this morning and was reported at $2,197 at the time of writing, a 0.42% increase in the past 24 hours.
ETH spot price | Source: Binance
It is also worth noting that Solana surged to over $84 last night, reaching a new high in a year and a half. At the time of writing, it was reported at $82.65, a 12% increase in the past 24 hours.
Other top ten cryptocurrencies are also experiencing a general increase, with AVAX, which has recently gained popularity, rising over 8.5% in the past 24 hours.
According to Coinglass data, the total amount of liquidation in the cryptocurrency market accumulated over $170 million in the past 24 hours, with over 58,000 investors being liquidated. BTC ranked first with $51.48 million in liquidation, followed by ETH with $40.79 million.
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Tags:
Solana
Ethereum
Bitcoin