Bitcoin, the world’s largest cryptocurrency, has finally surpassed one of the biggest psychological limits, $ 85,000, and is trading at $ 85,124 at the time of writing.
With the rise in BTC, the all-time high price level has been updated to 85,500.
It is thought that the reason for this huge rise in the BTC price is the election of pro-cryptocurrency Donald Trump as the US President, the widespread belief that Elon Musk will have a say in this administration, and also the predictions that the FED will move towards monetary easing in the coming period.
On the other hand, due to the rise, there were also large-scale liquidations in the cryptocurrency market. In the last 24 hours, the entire cryptocurrency market faced a total liquidation of $ 661 million, and despite the rise, interestingly, $ 361 million of these were in long positions.
The assets with the greatest liquidation were recorded as Bitcoin, Ethereum and Dogecoin, respectively.
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/tarihi-yukselis-devam-ediyor-bitcoinde-85-500-dolar-seviyesi-kirildi-iste-son-durum-ve-altcoinlerde-izlenenler/