Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12450
Markets: 96130
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12450
Cryptocurrencies
55.82%
Bitcoin Share
coinpedia 2025-01-20 07:45:03

Bitcoin Price Hits New All-Time High Resulting in $1B Crypto Liquidations

Bitcoin Price Hits New All-Time High Resulting in $1B Crypto Liquidations

The post Bitcoin Price Hits New All-Time High Resulting in $1B Crypto Liquidations appeared first on Coinpedia Fintech News After closing last week above $101k, Bitcoin (BTC) price rallied over 3.3 percent in the past 24 hours to reach a new all-time high (ATH) of about $109,114. The flagship coin signaled the onset of a fresh parabolic rally fueled by rising demand from institutional investors, and soon nation-states. Following the sudden Bitcoin price surge after retesting the support level around $100k, more than $264 million was liquidated from the BTC’s leveraged market in the last 24 hours, with the majority involving long traders. The altcoin industry followed in similar volatility, thus resulting in $1.25 billion in forced liquidations, with over $911 million involving long traders. Rising Demand for Bitcoin by Whale Investors Bitcoin price has enjoyed robust support from institutional investors seeking to hedge against global inflation and significant uncertainty in macroeconomics. For instance, the US spot BTC ETFs have registered exponential growth in the net cash inflow since the yearly calendar flipped three weeks ago. According to the latest market data, the US spot BTC ETFs have registered a net cash inflow of over $1.5 billion year-to-date. As a result, the US spot BTC ETFs have registered a cumulative total net inflow of $38 billion and currently have a total net assets of $120.95 billion. Midterm BTC Targets $BTC #Bitcoin New All time High.. https://t.co/X3BU0q9MX7 pic.twitter.com/MaMWtMXNzJ — Captain Faibik (@CryptoFaibik) January 20, 2025 From a technical analysis standpoint, Bitcoin price has been forming a megaphone structure in the daily time frame. After rebounding from the lower border in the past week, Bitcoin price is well positioned to rally towards $114k in the near term. However, Bitcoin’s short-term traders should be wary of a potential sell-the-news bubble after the inauguration of Donald Trump tomorrow. Furthermore, Bitcoin price could be evolving to a macro consolidation structure before continuing with bullish sentiment in the near future.

Most Read News



Cryptohopper
hardware wallets, hardware , wallets, Crypto Currency, Cryptocurrency hardware wallets, Crypto Apparal, crypto wallet, Cryptocurrency wallets

Market Cap
24h Vol
55.82%
Bitcoin Share
277
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.