Leading cryptocurrency Bitcoin (BTC) Its price 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 24 hours to $95,600. For $100,000, an increase of about 4.7% would be enough.
With this rise in Bitcoin ETH/BTC The parity also fell below 0.033, reaching a new low since April 2021.
Bitcoin dominance is at 61.4%.
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 were liquidated in the last 24 hours, the largest liquidation took place in the ETH / BTC trading pair on Binance.
Bitcoin Price May Reach $125 Thousand Before 2025!
BRN analyst Valentin Fournier said in his statement: BitcoinStating that he expects this upward momentum to continue, he said that he believes that Bitcoin will exceed $ 100,000 before the end of the year, not reach it.
“These increases confirm our thesis about an accumulation phase before the year-end boom.
“If this momentum continues, Bitcoin prices could reach $120,000 before 2025, driven by its solid performance since the US presidential election and increased retail interest in its long-term potential.”
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/bitcoinde-yeni-ath-geldi-100-bin-dolar-icin-cok-az-kaldi-iste-yeni-rekor-ve-bilinmesi-gerekenler/